USDCAD broke above the bearish trend line on the daily chart, suggesting that the downside movement from 1.3385 had completed at 1.2782 already. Further rise is still possible and next target would be at 1.3300 area. Near...
USDJPY is facing the support of the price channel on the daily chart. As long as the channel support holds, the fall from 114.54 could be treated as consolidation for the uptrend from 104.63 and another rise...
AUDUSD extended its downside movement from 0.8135 to as low as 0.7020. As long as the price is below the bearish trend line on the daily chart, further decline could be expected and next target would be...
GBPUSD broke below 1.2921 support and extended its downside movement from 1.3298 to 1.2775 area. Deeper decline to test 1.2661 support is possible next week and a breakdown below this level could take the price to 1.2200...
EURUSD is now facing 1.1301 support. A breakdown below this level would indicate that the long term downtrend from 1.2555 has resumed, then next target would be at 1.1000 area. Near term resistance is at 1.1470, a...
USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the uptrend could be expected to continue and next target would...
USDJPY moved sideways in a trading range between 111.62 and 112.88. Support is at 111.62, a breakdown below this level could trigger further downside movement towards 111.00. Resistance is at 112.88, above this level would aim 113.50.
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7159. Deeper decline to test 0.7041 support is still possible and a breakdown below this level could trigger further downside...
GBPUSD extended its downside movement from 1.3257 to as low as 1.2795. Further decline is still possible after a minor consolidation and next target would be at 1.2700 area. Key resistance is located at the bearish trend...
EURUSD extended its downside movement from 1.1622 to 1.1355 area. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next target would...
