USDCAD’s downside movement from 1.3385 extended to as low as 1.3076. Further decline is still possible after a minor consolidation and next target would be at 1.2950 area. Resistance is now at 1.3150, only break above this...
USDJPY is facing 110.27 support, a breakdown below this level could signal resumption of the downtrend from 111.13, then next target would be at 109.70 area. Resistance levels are at 110.80 and 111.13, only break above these...
AUDUSD extended its upside movement from 0.7310 to as high as 0.7461, breaking above 0.7443 resistance. Further rise is still possible in the coming days and next target would be at 0.7550 area. Support is at 0.7400,...
GBPUSD broke above 1.3314 resistance and extended its upside movement from 1.3049 to as high as 1.3320. Further rise could be expected after a minor consolidation and next target would be at 1.3400 area. On the downside,...
EURUSD extended its upside movement from 1.1527 to as high as 1.1767, breaking above 1.1720 resistance. Support is located at the rising trend line on the 4-hour chart. As long as the trend line support holds, the...
USDCAD’s fall from 1.3385 extended to as low as 1.3076. Further decline is still possible in a couple of weeks and next target would be at 1.2850 area, followed by the bottom support trend line of the...
USDJPY is testing 111.39 resistance. A break of this level would suggest that the upside movement from 104.63 has resumed, then further rise to 113.00 area could be seen. Key support is at 108.11, a breakdown below...
AUDUSD stays below the falling trend line on the daily chart and remains in the downtrend from 0.8135, the bounce from 0.7310 is likely consolidation for the downtrend. Near term resistance is at 0.7443, as long as...
GBPUSD stays in a falling price channel on the daily chart and remains in the downtrend from 1.4376. As long as the price is in the channel, the bounce from 1.3049 could be treated as consolidation for...
EURUSD stays in a trading range between 1.1508 and 1.1851. The price action in the range is likely consolidation for the downtrend from 1.2555. As long as 1.1851 resistance holds, the downside movement could be expected to...
