GBPUSD remains in downtrend from 1.2774, the rise from 1.2376 is likely consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.2250 area. Resistance is at 1.2550, as long...
EURUSD’s downward movement from 1.0873 extended to as low as 1.0366. Further decline could be expected after a minor consolidation, and next target would be at 1.0200 area. Resistance levels are at 1.0550 and 1.0669, as long...
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USDCAD failed to break below the bottom of the price channel on daily chart, indicating that the pair remains in uptrend from 1.2460. As long as the channel support holds, the uptrend could be expected to continue,...
USDJPY continued its upward movement from 101.18 and the rise extended to as high as 118.66. Support is at 114.73, as long as this level holds, the uptrend could be expected to continue, and next target would...
AUDUSD broke below 0.7310 support and continued its downward movement from 0.7778. Further decline could be expected over the next several weeks, and next target would be at 0.6900 area. Resistance is now at 0.7524, only break...
GBPUSD broke below the upward trend line on daily chart, indicate that the uptrend from 1.1946 had completed at 1.2774 already. Deeper decline to test 1.1946 support would likely be seen in a couple of weeks, a...
EURUSD broke below 1.0462 (Mar 13, 2015 low) support, indicating that the long term downtrend from 1.3993 (May 8, 2014 high) has resumed. Further decline could be expected after a minor consolidation, and next target would be...
USDCAD is in uptrend from 1.3080, the fall from 1.3417 could be treated as consolidation of the uptrend. Support is at 1.3200, as long as this level holds, the uptrend will continue, and next target would be...
USDJPY remains in uptrend from 101.18. As long as 114.73 support holds, the uptrend could be expected to continue, and next target would be at 120.00 area. Only break below 114.73 support could signal completion of the...
