EURUSD failed to break below 1.1712 support and rebounded from 1.1717, breaking above 1.1814 resistance, suggesting that the downside movement from 1.1961 had completed at 1.1717 already. Further rally would likely be seen in the coming days...
The USDCNH pair formed a triangle pattern on its daily chart for several weeks. All we can do is wait for a breakout to occur. The price is facing the upper line of the pattern now at...
USDCAD extended its upside movement from 1.2623 to as high as 1.2892. Near term support is at 1.2804. As long as the price is above this level, the upside movement could be expected to continue and further...
USDJPY is facing 113.91 resistance. A break of this level could take price to next resistance level at 114.73. Near term support is at 113.13. A breakdown below this level could bring price back towards the rising...
AUDUSD broke above 0.7545 resistance, suggesting that the short term downtrend from 0.7653 had completed at 0.7501 already. Further rally would likely be seen in the coming days and next target would be at 0.7653 resistance. Near...
GBPUSD broke below 1.3319 support, suggesting that the uptrend from 1.3039 had completed at 1.3549 already. Further decline would likely be seen in the coming days and next target would be at 1.3220. A breakdown below this...
EURUSD’s downtrend from 1.1961 extended to as low as 1.1717, facing the support level at 1.1712. Near term resistance is at 1.1814. As long as this level holds, the downside movement could be expected to continue and...
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USDCAD continued its upside movement from 1.2623 and the rise extended to as high as 1.2879. Further rise to test 1.2916 resistance is possible in the coming days. A breakout of this level could signal resumption of...
USDJPY extended its upside movement from 110.84 to as high as 113.63. As long as the pair is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and further...
