EURUSD is facing 1.1823 support. A breakdown below this level will indicate the short term uptrend from 1.1662 had completed at 1.2070 already, then the following downside move could take price to test 1.1662 key support. On...
USDCAD broke below 1.2413 support, indicating that the downtrend from 1.3793 has resumed. Further decline could be expected in a couple of weeks and next target would be at 1.2050. Key resistance is at 1.2778, only break...
USDJPY failed to break below 108.13 and rebounded from 108.26. A break above 110.94 key resistance could signal completion of the downside movement from 114.49, then another rise to retest 115.50 resistance could be seen. However, as...
AUDUSD remains in the uptrend from 0.7328, the price action from 0.8065 is likely consolidation of the uptrend. Near term support is at the bullish trend line on the daily chart. As long as the price is...
GBPUSD stays in a rising price channel on the daily chart and remains in the uptrend from 1.1987. As long as the price is in the channel, the fall from 1.3267 could be treated as consolidation of...
EURUSD extended its bullish movement from 1.0569 to as high as 1.2070. Further rise is still possible in a couple of weeks and next target would be at 1.2165, followed by 1.2700. Near term support is at...
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NZDUSD recently broke below a major support level at 0.7200, indicating that the uptrend from 0.6817 had completed at 0.7557 already. The pair is now in downtrend, further decline would likely be seen after correction. On the...
USDCAD stays in a trading range between 1.2413 and 1.2778. The key resistance is at 1.2778, as long as this level holds, the price action in the trading range could be treated as consolidation of the downtrend...
USDJPY moved sideways in a trading range between 108.26 and 110.94. As long as 110.94 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 114.49 (Jul 11 high), and another fall to...
