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USDCAD extended its upside movement from 1.2247 to as high as 1.2614, breaking above 1.2590 resistance. Near term support is at 1.2489. As long as this level holds, the uptrend could be expected to continue and next...
USDJPY moved sideways in a trading range between 108.28 and 110.48. The sideways move is likely consolidation of the downtrend from 113.75 (Dec 12, 2017 low). As long as 110.48 resistance holds, the downtrend could be expected...
AUDUSD’s downside movement from 0.8135 extended to as low as 0.7759. Further decline is still possible after a minor consolidation and next target would be at 0.7700 area. Near term resistance is at the top trend line...
GBPUSD remains in the downtrend from 1.4345, the bounce from 1.3836 is likely consolidation of the downtrend. Further decline towards 1.3600 is still possible after the consolidation. Near term support is at 1.3836, a breakdown below this...
EURUSD extended its downside movement from 1.2523 to as low as 1.2212. As long as the price is below the trend line on the 4-hour chart, the downside movement could be expected to continue and next target...
USDCAD is testing 1.2590 resistance. A breakout of this level would confirm that the downtrend from 1.2920 had completed at 1.2247 already, then further rise to 1.2750 area could be seen. Near term support is at 1.2485,...
USDJPY continued its sideways movement in a trading range between 108.28 and 110.48. As long as 110.48 resistance holds, the sideways movement could be treated as consolidation of the downtrend and a breakdown below 108.28 support could...
AUDUSD extended its downside movement from 0.8135 to as low as 0.7810. As long as the price is in the falling price channel on the 4-hour chart, the downtrend could be expected to continue and next target...
GBPUSD remains in the downtrend from 1.4345, the bounce from 1.3836 is likely consolidation of the downtrend. Further decline could be expected after the consolidation and next target would be at 1.3650 area. Resistance is at 1.4080,...
