AUDUSD remains in the downtrend from 0.8135, the bounce from 0.7041 is likely consolidation for the downtrend. As long as the price is below the bearish trend line on the daily chart, the downside movement could be...
GBPUSD failed to break above 1.3298 resistance and stayed in a trading range between 1.2921 and 1.3298. As long as 1.2921 support holds, the price action in the trading range could be treated as consolidation for the...
EURUSD is facing 1.1432 support, a breakdown below this level could trigger further downside movement towards next support level at 1.1301, below here would aim 1.1000. Near term resistance is at 1.1622, a break of this level...
USDCAD broke above 1.3071 resistance, suggesting that the upside movement from 1.2782 has resumed. Further rise could be expected and next target would be at 1.3150 area. Support is at 1.3015, only a breakdown below this level...
USDJPY remains in the uptrend from 111.62, the fall from 112.72 is likely correction for the uptrend. Another rise could be expected after the correction and a breakout of 112.72 resistance could take the price to next...
AUDUSD broke below 0.7095 support, suggesting that the short term uptrend from 0.7041 had completed at 0.7159 already. Further decline could be expected and next target would be at 0.7041 previous low. Resistance is at 0.7130, only...
GBPUSD broke below 1.3082 support and extended its downside movement from 1.3257 to as low as 1.3014. Further decline is still possible after a minor consolidation and next target would be at 1.2950 area. Resistance is at...
EURUSD extended its downside movement from 1.1622 to as low as 1.1449. Further decline to test 1.1432 support is possible, a breakdown below this level could take the price to next support level at around 1.1350. Near...
USDCAD broke above 1.3000 resistance, suggesting that the falling from 1.3071 had completed at 1.2915 already. Further rise could be expected and a break of 1.3071 resistance could take the price to 1.3150 area. Support is at...
USDJPY’s bounce from 111.62 extended to as high as 112.72. Further rise could be expected and next target would be at 113.50 area. Support is at the rising trend line on the 4-hour chart, only a breakdown...
