USDCAD’s upward movement was limited by the top trend line of the price channel on daily chart. Pullback to the bottom of the channel is possible over the next several weeks. However, a breakdown below 1.3600 support...
USDJPY moved above the top trend line of the price channel on daily chart, indicating that the bearish movement from 118.66 had completed at 108.13 already. Further rally could be expected after correction and next target would...
AUDUSD remains in downtrend from 0.7749 and the fall extended to as low as 0.7328. Further decline is still possible after a minor consolidation and next target would be at 0.7250 area. Resistance is located at the...
GBPUSD stays above the rising trend line on daily chart and remains in uptrend from 1.2109. As long as the pair is above the trend line, the fall from 1.2988 could be treated as consolidation of the...
EURUSD broke below 1.0850 support, indicating that the short term uptrend from 1.0569 had completed at 1.1021 already. Another fall towards the bottom of the price channel on daily chart could be expected in a couple of...
USDCNH moves in the ascending price channel on 4-hour chart which is providing the near term support around 6.8910, indicating that the pair remains in the short term uptrend from 6.8680, and upward movement extended to as...
USDCAD moved sideways in a trading range between 1.3641 and 1.3793. Support level is at 1.3641, a breakdown below this level will confirm that the upward movement from 1.3223 had completed at 1.3793 already, then next target...
USDJPY continued its bullish movement from 108.13 and the rise extended to as high as 114.36. Near term support is at the ascending trend line on 4-hour chart. As long as the pair is above the trend...
No changed in our view, AUDUSD remains in downtrend from 0.7610, the bounce from 0.7328 could be treated as consolidation of the downtrend. Range trading between 0.7328 and 0.7426 would likely be seen in a couple of...
GBPUSD is testing that support of the bottom of the ascending price channel on 4-hour chart and it is also facing the key support of 1.2831. A breakdown below 1.2831 key support will indicate that the upward...
