EURUSD broke above 1.1550 resistance, suggesting that corrective consolidation for the downtrend from 1.1815 is underway. Further rally is still possible and next target would be at 1.1650 area. Near term support is at 1.1500, a breakdown...
USDCAD stays below a bearish trend line on the daily chart and remains in the downtrend from 1.3385. As long as the trend line resistance holds, the downtrend could be expected to resume, and another fall towards...
USDJPY broke below the bottom of the price channel on the daily chart, suggesting that the short term uptrend from 109.77 had completed at 114.54 already. Further decline could be expected and next target would be at...
AUDUSD stays below a bearish trend line on the daily chart and remains in the downtrend from 0.8135. As long as the trend line resistance holds, the bounce from 0.7041 could be treated as consolidation for the...
GBPUSD is facing 1.3298 resistance, a breakout of this level could signal resumption of the uptrend from 1.2661, then next target would be at 1.3550 area. Key support is at 1.2921, only a breakdown below this level...
EURUSD continued its sideways movement in a trading range between 1.1301 and 1.1851. The sideways movement is likely consolidation for the downtrend from 1.2555. As long as 1.1851 key resistance holds, the downside movement could be expected...
USDCAD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3226 had completed at 1.2782 already. Further rise is still possible and next target would be at 1.3150 area. Support...
USDJPY extended its downside movement from 114.54 to as low as 112.05. Further decline is still possible after a minor consolidation and next target would be at 111.50 area. Near term resistance is at 112.40, a break...
AUDUSD is facing 0.7041 support, a breakdown below this level could trigger another downside movement towards 0.6900. Resistance is at 0.7130, a break of this level would confirm that the downside movement from 0.7314 is complete, then...
GBPUSD extended its upside movement from 1.2921 to as high as 1.3215. Further rise is still possible after a minor consolidation and next target would be at 1.3300 area. Near term support is located at the bullish...
