AUDUSD remains in downtrend from 0.7834, the rise from 0.7144 is likely correction of the downtrend. Range trading between 0.7144 and 0.7550 would likely be seen over the next several weeks. As long as 0.7550 resistance holds,...
GBPUSD moved sideways in a trading range between 1.4332 and 1.4769. The price action in the range is likely consolidation of the uptrend from 1.3835, one more rise to 1.5000 area to complete to upward movement is...
Being contained by the bottom of the upward price channel on daily chart, EURUSD rebounded from 1.1097, indicating that the pair remains in uptrend from 1.0517. Further rise could be expected in a couple of weeks, and...
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USDCAD remains in uptrend from 1.2460, the fall from 1.3188 is likely consolidation of the uptrend. Further rise could be expected, and next target would be at 1.3600 area. Support level is at 1.2750, as long as...
USDJPY is forming a sideways consolidation in a range between 105.54 and 111.88. As long as 111.88 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 123.75, one more fall to 100.00...
AUDUSD’s downward movement from 0.7834 extended to as low as 0.7144. Further decline is still possible after a minor consolidation, and next target would be at 0.7000 area. Near term resistance is at 0.7300, only break above...
GBPUSD is testing 1.4769 resistance, a break of this level will signal resumption of the uptrend from 1.3835, then next target would be at 1.5000 area. Support is at 1.4332, a breakdown below this level will confirm...
EURUSD is facing the support of the price channel on daily chart. As long as the channel support holds, the fall from 1.1616 would possibly be consolidation of the uptrend from 1.0517, and one more rise to...
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