GBPUSD extended its upside movement from 1.1958 to as high as 1.2707. Further rise could be expected after a minor consolidation and next target would be at 1.3000 area. Near term support is at 1.2530, below this...
EURUSD broke above the bearish price channel on the daily chart. Further rise to test 1.1109 resistance is possible next week, above this level would indicate that the downtrend from 1.1412 had completed at 1.0879 already, then...
USDCAD broke below 1.3287 support, suggesting that the uptrend from 1.3205 had completed at 1.3347 already. Deeper decline could be expected in the coming days and next target would be at 1.3230 area. Resistance is at 1.3320,...
USDJPY extended its upside movement from 106.48 to as high as 108.13. Further rise is still possible in a couple of days and next target would be at 108.50 area. Near term support is at 107.60, below...
AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the short term downtrend from 0.6773 had completed at 0.6709 already. Another rise towards 0.6800 could be expected in the coming days. Near term...
GBPUSD bounced strongly to 1.2470 area, suggesting that the downtrend from 1.2581 had completed at 1.2195 already. Further rally could be expected after a minor consolidation and next target would be at 1.2600 area. Support is at...
EURUSD broke above 1.1000 resistance and extended its upside movement from 1.0879 to as high as 1.1033. Further rise is still possible in the coming days and next target would be at 1.1080 area. Near term support...
USDCAD continued its sideways movement in a trading range between 1.3287 and 1.3347. As long as 1.3287 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.3205, further rise...
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 106.48. Further rise is still possible in a couple of days and next target would be at 108.00 area. On...
AUDUSD extended its downside movement from 0.6773 to as low as 0.6709. As long as the price is below the trend line on the 4-hour chart, the downside movement could be expected to continue and next target...
