USDCAD continued its sideways movement in a trading range between 1.3164 and 1.3308. Near term resistance is at 1.3308, as long as this level holds, the downtrend could be expected to continue and next target would be...
USDJPY’s rise from 108.81 extended to as high as 111.78. Further rise is still possible after a minor consolidation and next target would be at 113.00 area. Key support is at 110.64, only a breakdown below this...
AUDUSD remains in the uptrend from 0.7371, the pullback from 0.7635 is likely consolidation of the uptrend. Key support is at 0.7519, as long as this level holds, the uptrend could be expected to resume and further...
GBPUSD broke below 1.2634 support, indicating that the downtrend from 1.3047 has resumed. Further decline could be expected over the next several days and next target would be at 1.2500 area. Near term resistance is at the...
EURUSD is facing 1.1109 support once again, a breakdown below this level could take price to the key support level at 1.1070. Below this level will confirm that that the uptrend from 1.0569 (Apr 10 low) had...
Under pressure by the resistance of the November 2016 high of 1.1299, the EURUSD pair pulled back from 1.1295 and broke below the major bullish support trend line at 1.1160 on its daily chart, indicating that a...
USDCAD stays in the trading range between 1.3164 and 1.3308. As long as 1.3308 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3537 and further fall to 1.3050...
USDJPY’s bullish movement from 108.81 extended to as high as 111.77. Near term support is at 110.64, as long as this level holds, the bullish movement could be expected to continue and next target would be at...
AUDUSD is forming a sideways movement in a range between 0.7567 and 0.7635. Near term support is at 0.7567, as long as this level holds, the uptrend from 0.7371 could be expected to continue and further rise...
GBPUSD failed to break above 12817 resistance and stays in the trading range between 1.2634 and 1.2817. As long as 1.2817 resistance holds, the price action in the trading range could be treated as consolidation of the...
