EURUSD broke below 1.0521 support, indicating that the downtrend from 1.0828 has resumed. Further decline could be expected over the next several days, and next target would be at 1.0400 area. Resistance is at 1.0600, only break...
USDCAD failed to break below 1.2968 support and stayed in the trading range between 1.2968 and 1.3211. Sideways movement in the trading range could be expected to continue in a couple of days.
USDJPY is forming a sideways consolidation in a range between 110.59 and 115.62. Another fall to test 111.59 support would likely be seen and a breakdown below this level will signal resumption of the downtrend from 118.66...
AUDUSD stays in a upward price channel on 4-hours chart. Near term support is located at the bottom of the channel. As long as the channel support holds, the uptrend from 0.7159 (Dec 26, 2016 low) could...
GBPUSD continued its sideways movement in a range between 1.2346 and 1.2582. As long as 1.2582 resistance holds, the sideways move could be treated as consolidation of the downtrend from 1.2706, and further decline to 1.2000 area...
EURUSD is facing 1.0521 support, a breakdown below this level will indicate that the downtrend from 1.0828 has resumed, then next target would be at 1.0400 area. Near term resistance is at 1.0600, only break above this...
USDJPY’s downward movement from 114.95 extended to as low as 112.61. Further decline to test 111.59 support would likely be seen in a couple of days, a breakdown below this level will signal resumption of the longer...
AUDUSD remains in uptrend from 0.7159 (Dec 26, 2016 low), the fall from 0.7731 is likely consolidation of the uptrend. Key support is at 0.7605, as long as this level holds, the uptrend could be expected to...
GBPUSD moved sideways in a trading range between 1.2346 and 1.2582. As long as the pair is below 1.2582 resistance, the sideways move could be treated as consolidation of the downtrend from 1.2706, and further decline to...
EURUSD remains in downtrend from 1.0828, the bounce from 1.0521 would possibly be correction of the downtrend. Further decline could be expected after correction, and next target would be at 1.0400 area. Resistance levels are at 1.0679...
