EURUSD extended its upside movement from 1.1301 to as high as 1.1542, facing the resistance at 1.1550. A break of this level could trigger further upside movement towards 1.1628 resistance. Support is located at the bullish trend...
USDCAD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.2961 had completed at 1.3174 already. Deeper decline is still possible and next target would be at 1.2961 support. Resistance...
USDJPY continued its sideways movement in a trading range between 110.10 and 111.43. Support is at 110.10, a breakdown below this level could take the price to 109.00 area. Resistance is at 111.43, above this level would...
AUDUSD extended its upside movement from 0.7202 to as high as 0.7319. Further rally is still possible and next target would be at 0.7350 area. Near term support is at 0.7245, only a breakdown below this level...
GBPUSD moved sideways in a trading range between 1.2661 and 1.2827. As long as 1.2827 resistance holds, the sideways movement could be treated as consolidation of the downtrend and a breakdown below 1.2661 could trigger another fall...
EURUSD broke above the top trend line of the price channel on the 4-hour chart, suggesting that the downside movement from 1.1746 had completed at 1.1301 already. Further rally would likely be seen in the coming days...
USDCAD failed to break above the falling trend line on the daily chart and remains in the downtrend from 1.3385. Further decline is still possible and a breakdown below 1.2961 support could take the price to 1.2850...
USDJPY broke below the falling trend line on the daily chart and is now in the downtrend from 113.17. Further decline could be expected in a couple of days and next target would be at 108.00 area....
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.8135. As long as the trend line resistance holds, the bounce from 0.7202 could be treated as consolidation for the...
GBPUSD’s downside movement from 1.4376 extended to as low as 1.2661. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next target...