EURUSD remains in the downtrend from 1.1996. Further decline could be expected after a minor consolidation and next target would be at 1.1700 area. Resistance is at 1.1840, a breakout of this level would suggest that the...
USDCAD is now in downtrend from 1.2997. Another fall towards the bottom of the price channel on the daily chart is possible over the next several weeks. Resistance is at 1.2997, only a breakout of this level...
USDJPY stays in a rising price channel on the daily chart and remains in the uptrend from 104.63. As long as the price is in the channel, the upside movement could be expected to continue and next...
AUDUSD moved sideways in a trading range between 0.7412 and 0.7566. The sideways move is likely consolidation for the downtrend from 0.8135 and further decline to 0.7150 is possible after the consolidation. On the upside, a breakout...
No changed in our view, GBPUSD remains in the downtrend from 1.4376. As long as 1.3617 key resistance holds, the downside movement could be expected to continue and next target would be at 1.3100 area. On the...
EURUSD extended its downside movement from 1.2555 to as low as 1.1749. Key resistance is now at 1.1996. As long as this level holds, the downside movement could be expected to continue and next target would be...
USDCAD is facing 1.2728 support, a breakdown below this level would suggest that the downside movement from 1.2997 has resumed, then further decline towards 1.2500 could be seen. Resistance levels are at 1.2925 and 1.2997, only break...
USDJPY stays in a rising price channel on its 4-hour chart and remains in the uptrend from 104.63. As long as the channel support holds, the upside movement could be expected to continue and next target would...
AUDUSD is facing 0.7566 resistance. A breakout of this level could trigger another bullish movement towards 0.7650. Support levels are at 0.7445 and 0.7412, below these levels would aim 0.7300 area.
GBPUSD continued its sideways movement in a trading range between 1.3451 and 1.3617. The sideways movement is likely consolidation for the downtrend from 1.4376 and a breakdown below 1.3451 support could trigger another fall towards 1.3350. On...
