USDCAD remains in downtrend from 1.3598. Further decline would likely be seen in a couple of weeks, and next target would be at 1.2600 area. Resistance is at 1.3387, only break above this level could signal completion...
USDJPY remains in downtrend from 118.66, the rise from 111.58 is likely consolidation of the downtrend. Resistance is at 115.65. As long as this level holds, the downtrend could be expected to continue and next target would...
AUDUSD’s upward movement from 0.7158 extended to as high as 0.7731. Key support is at 0.7511 level. As long as this level holds, the uptrend could be expected to continue, and next target would be at 0.8000...
GBPUSD is forming a sideways consolidation in a range between 1.1946 and 1.2774. another fall to test 1.1946 support would likely be seen, and a breakdown below this level will signal resumption of the downtrend from 1.5016,...
EURUSD’s bounce from 1.0340 had completed at 1.0828 already, the subsequent fall is likely resumption of the downtrend from 1.1616 (May 3, 2016 high). Further decline to test 1.0340 support is possible, and a breakdown below this...
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USDCAD’s downward movement from 1.3211 extended to as low as 1.3009. Further decline to test 1.2968 support is possible in a couple of days. Resistance is at 1.3120, a break of this level will indicate that the...
USDJPY failed to break above 115.62 resistance, indicating that the pair remains in downtrend from 118.66 (Dec 15, 2016 high), and the price action from 112.56 could be treated as consolidation of the downtrend. Further decline would...
EURUSD’s rise from 1.0521 extended to as high as 1.0679. Further rise to 1.0700 – 1.0740 area would likely be seen after a minor consolidation. Resistance is at 1.0740, as long as this level holds, the rise...
USDJPY broke above the resistance of the price channel on 4-hour chart. Further rise to test 115.62 resistance is possible. As long as this level holds, the price action from 112.56 could be treated as consolidation of...
