EURUSD moved sideways in a trading range between 1.2165 and 1.2323. The price action in the range could be treated as consolidation of the uptrend from 1.1717. A breakdown below 1.2165 support could trigger further downside movement...
USDCAD moved sideways in a range between 1.2355 and 1.2590. As long as 1.2590 resistance holds, the downside movement could be treated as consolidation of the downtrend from 1.2920, and a breakdown below 1.2355 support could trigger...
USDJPY broke below 110.84 support, suggesting that the downside movement from 114.73 has resumed. Further decline would likely be seen in a couple of weeks and next target would be at 109.50, followed by 107.31. Resistance is...
AUDUSD continued its upside movement from 0.7501 and the rise extended to as high as 0.8038. Further rise is still possible next week and next target would be at 0.8124 resistance. Near term support is at 0.7936,...
GBPUSD’s upside movement from 1.3027 extended to as high as 1.3945. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next target...
EURUSD extended its upside movement from 1.1554 to as high as 1.2323. As long as the price is above the bullish trend line on the daily chart, the upside movement could be expected to continue and next...
USDCAD is in consolidation of the downtrend from 1.2920. Range trading between 1.2355 and 1.2590 could be expected to continue over the next several days. Near term support is at 1.2355, a breakdown below this level will...
USDJPY remains in downside trend from 113.75, the bounce from 110.19 is likely consolidation of the downtrend. Another fall could be expected after the consolidation and a breakdown below 110.19 could take price to next support level...
AUDUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 0.7501. As long as the price is above the trend line, the upside movement could be expected to continue and...
GBPUSD remains in the uptrend from 1.3458. As long as 1.3741 support holds, the upside movement could be expected to continue and next target would be at 1.4200 area. On the downside, a breakdown below 1.3741 support...
