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USDCAD is facing the resistance of the bearish trend line on its daily chart. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would be at around 1.2280....
USDJPY moved sideways in a trading range between 108.13 and 115.50 for several months. As long as 108.13 key support holds, the sideways movement could be expected to continue and another rise to retest 115.50 resistance is...
AUDUSD stays above a bullish trend line on its daily chart and remains in the uptrend from 0.7328. Near term support is at 0.7875, as long as this level holds, the uptrend could be expected to continue...
GBPUSD stays above the ascending trend line on its daily chart remains in the uptrend from 1.1987. As long as the price is above the trend line the pullback from 1.3267 could be treated as consolidation of...
EURUSD pulled back from 1.1909 after touching the top resistance trend line of the price channel on its daily chart, suggesting that consolidation for the bullish movement from 1.0569 is underway. Range trading between 1.1600 and 1.1909...
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After breaking above the resistance of the September 2016 high of 0.7484 high, NZDUSD pulled back from 0.7557, suggesting that a short term top had been formed on the daily chart. On the upside, the pair stays...
USDCAD’s bounce from 1.2413 extended to as high as 1.2618. Further rally could be expected in a couple of days and next target would be at 1.2690, followed by 1.2740. Support is at 1.2413, only a breakdown...
USDJPY’s bearish movement from 114.49 extended to as low as 110.98. Resistance is at 110.98, as long as this level holds, the downside movement could be expected to continue and next target would be at 109.00 area....
