USDJPY is forming a sideways consolidation in a range between 98.97 and 107.48. As long as 107.48 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 123.75 (Nov 18, 2015 high). Lengthier...
AUDUSD broke below the upward trend line on daily chart, indicating that the upward movement from 0.7144 had completed at 0.7755 already. Further decline could be expected over the next several weeks, and the target would be...
GBPUSD continued its sideways movement in a range between 1.2795 and 1.3480. Key resistance is at 1.3800. As long as this level holds, the price action from 1.2795 could be treated as consolidation of the downtrend from...
EURUSD broke below the bottom of the price channel on daily chart, indicating that the upward movement from 1.0911 had completed at 1.1366 already. Further decline could be expected over the next several days, and next target...
GBPUSD remains in downtrend from 1.3278. The rise from 1.3059 is likely correction of the downtrend. Another fall could be expected after correction, and next target would be at 1.2900 area. Key resistance is at 1.3278, only...
EURUSD continued its downward movement from 1.1366 and the fall extended to as low as 1.1123. Further decline is still possible after a minor consolidation, and next target would be at 1.1000 area. Resistance is at 1.1210,...
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USDCAD’s upward movement from 1.2763 extended to as high as 1.3112. Further rise could be expected after a minor consolidation, and next target would be at 1.3200 area. Support is at 1.3000, as long as this level...
USDJPY’s upward movement from 99.52 extended to as high as 103.22. Further rise is still possible over the next several days, and next target would be at 106.00 area. Support is at 101.70, only break below this...
AUDUSD continued its downward movement from 0.7755, and the fall extended to as low as 0.7500. Further decline is still possible over the next several days, and next target would be at 0.7250 area. Near term resistance...
