USDJPY extended it downside movement from 109.92 to as low as 108.17. Further decline could be expected after a minor consolidation and next target would be at 107.50 area. Near term resistance is at 108.60, a break...
AUDUSD broke above 0.6934 resistance, suggesting that the downside movement from 0.7205 had completed at 0.6864 already. Further rally could be expected and next target would be at 0.7000 area. Near term support is at 0.6898, only...
GBPUSD extended its downside movement from 1.3176 to as low as 1.2558. Near term resistance is at the top trend line of the price channel on the 4-hour chart, as long as channel resistance holds, the downside...
EURUSD failed to break below 1.1106 support and rebounded from 1.1116. Further rally would likely be seen in a couple of days and next target would be at 1.1250 area. Near term support is at 1.1140, a...
USDCAD broke above 1.3520 resistance, suggesting that the uptrend from 1.3068 has resumed. Further rise is still possible next weeks and next target would be at 1.3664 resistance. Key support is at 1.3357, only a breakdown below...
USDJPY broke below 109.01 support and extended its downside movement from 112.40 to as low as 108.27. As long as the price is below the falling trend line on the daily chart, the downside movement could be...
AUDUSD broke above the resistance of the falling price channel on the daily chart, suggesting that consolidation for the downtrend from 0.7205 is underway. Range trading between 0.6864 and 0.7000 would likely be seen over the next...
GBPUSD’s downside movement from 1.3381 extended to as low as 1.2558. Further decline could be expected in a couple of weeks and next target would be at 1.2400 area. Key resistance is at 1.2813, a break of...
EURUSD continued its sideways movement in a trading range between 1.1110 and 1.1270. The sideways movement is likely consolidation for the downtrend from 1.1570. As long as the price is below the bearish trend line on the...
USDCAD remains in the uptrend from 1.3357, a breakout of 1.3546 resistance could trigger further upside movement to 1.3600 area. Support is at 1.3480, a breakdown below this level could bring the price back towards 1.3430.
