USDJPY broke below 107.31 support and extended its downside movement from 113.75 to as low as 105.54. As long as the price is below the falling trend line on the daily chart, further decline is still possible...
AUDUSD remains in the downtrend from 0.8135, the bounce from 0.7758 is likely correction of the downtrend. Another fall could be expected to correction and a breakdown below 0.7758 support could trigger further downside movement towards 0.7500....
GBPUSD failed to break below the support of the bullish trend line on the daily chart and rebounded from 1.3764, indicating that the pair remains in the uptrend from 1.3027. As long as the trend line support...
EURUSD broke above 1.2537 resistance and extended its upside movement from 1.1554 to as high as 1.2555. As long as the price is above the bullish trend line on the daily chart, the upside movement could be...
USDCAD broke below 1.2489 support, suggesting that the upside movement from 1.2247 had completed at 1.2688 already. Further decline would likely be seen in a couple of days and next target would be at 1.2400 area. Resistance...
USDJPY’s downside movement from 110.48 extended to as low as 106.42, breaking below 107.31 (Sep 8, 2017 low) support. Further decline would likely be seen after a minor consolidation and next target would be at 105.00 area....
AUDUSD broke above 0.7910 resistance. Further rally would likely be seen and next target would be at 0.8000 area. Near term support is at 0.7860, only a breakdown below this level could bring price back to test...
GBPUSD is facing 1.4066 resistance. A breakout of this level would suggest that the downside movement from 1.4345 had completed at 1.3764 already, then further rise towards 1.4345 resistance could be seen. On the downside, as long...
EURUSD’s upside movement from 1.2205 extended to as high as 1.2473. Further rise to test 1.2537 resistance would likely be seen after a minor consolidation. Near term support is at 1.2400, only a breakdown below this level...
No changed in our view, USDCAD remains in the uptrend from 1.2247, the fall from 1.2688 would possibly be consolidation for the uptrend. As long as 1.2489 support holds, the uptrend could be expected to resume and...
