AUDUSD’s upside movement from 0.6831 extended to as high as 0.7081. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next target...
GBPUSD extended its downside movement from 1.3381 to as low as 1.2381, breaking below 1.2396 support. Further decline could be expected in a couple of weeks and next target would be at 1.2200 area. Resistance is at...
EURUSD is facing a support at 1.1180, a breakdown below this level could trigger further downside movement towards 1.1106, followed by 1.1000. Near term resistance is at 1.1300, a break of this level could bring the price...
USDCAD broke below 1.3017 support, suggesting that the downtrend from 1.3432 has resumed. Further decline could be expected and next target would be at 1.2950 area. Near term resistance is at 1.3050, above this level could bring...
USDJPY extended its downside movement from 108.99 to as low as 107.20. Further decline is still possible in a couple of days and next target would be at 106.77 support. Near term resistance is at 107.70, above...
AUDUSD broke above 0.7047 resistance and extended its upside movement from 0.6910 to as high as 0.7081. Further rise could be expected after a minor consolidation and next target would be at 0.7150 area. Support is located...
GBPUSD is facing 1.2578 resistance, a break of this level would confirm that the downside movement from 1.2783 had completed at 1.2381 already, then further rise to 1.2650 area could be seen. Near term support is at...
EURUSD failed to break above 1.1285 resistance and stayed in a trading range between 1.1193 and 1.1285. As long as 1.1285 resistance holds, the price action in the range could be treated as consolidation for the downtrend...
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USDCAD moved sideways in a trading range between 1.3017 and 1.3144. As long as 1.3144 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.3432, a breakdown below 1.3017...
