USDJPY broke below 110.26 support, suggesting that the downtrend from 113.70 has resumed. Further decline could be expected in the coming days and next target would be at 109.00 area. Key resistance is now at 111.45, only...
AUDUSD moved sideways in a narrow range between 0.7016 and 0.7077. The price action in the range is likely consolidation for the downtrend from 0.7246. Another fall could be expected after the consolidation and next target would...
GBPUSD remains in the short term uptrend from 1.2475, a break of 1.2738 resistance could trigger further upside movement towards 1.2850. Support is at 1.2606, below this level could bring the price back into 1.2500 zone.
EURUSD is facing 1.1485 resistance, a breakout of this level could trigger further upside movement to 1.1700 area. Near term support is at 1.1400, below this level could bring the price back to next support level at...
USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the upside movement could be expected to continue and next target...
USDJPY extended its downside movement from 114.54 to as low as 110.14. Further decline is still possible and next target would be at 108.00 area. Near term resistance is at 111.50, above this level could bring the...
AUDUSD’s downside movement from 0.7393 extended to as low as 0.7016, breaking below 0.7020 support. Further decline is still possible and next target would be at 0.6800 area. Resistance is at 0.7100, only a break of this...
GBPUSD is in consolidation for the downtrend from 1.3298, the bounce from 1.2475 is likely consolidation for the downtrend. Range treading between 1.2475 and 1.2850 would likely be seen in a couple of weeks. As long as...
EURUSD is facing 1.1500 resistance, a breakout of this level could trigger further upside movement to 1.1700 area. On the downside, as long as 1.1500 resistance holds, the sideways movement in the trading range between 1.1215 and...
USDCAD extended its upside movement from 1.3253 to as high as 1.3660. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...
