USDCAD broke above 1.3039 resistance. Further rally is still possible and next target would be at 1.3096 key resistance, a breakout of this level would indicate that the downside movement from 1.3289 had completed at 1.2961 already,...
USDJPY stays below a falling trend line on its 4-hour chart. As long as the trend line resistance holds, the downside movement could be expected to continue and next target would be at 110.50 area. Only a...
AUDUSD’s bounce from 0.7348 extended to as high as 0.7439. Further rise is still possible in a couple of days and next target would be at 0.7483 resistance. Near term support is at the rising trend line...
GBPUSD remains in the downtrend from 1.3213. Near term resistance is at 1.3020, as long as this level holds, the downside movement could be expected to continue and next target would be at 1.2800 area. Only a...
Being contained by 1.1508 support, EURUSD rebounded from 1.1530. However, as long as 1.1620 resistance holds, another fall to test 1.1508 support is possible, a breakdown below this level could trigger further downside movement towards 1.1400. On...
USDCAD broke above the resistance of the falling trend line on the 4-hour chart and moved sideways in a trading range between 1.2967 and 1.3039, suggesting that consolidation for the downtrend from 1.3289 is underway. As long...
USDJPY is in the short term downtrend from 112.15. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next target would be...
AUDUSD stayed in a trading range between 0.7310 and 0.7483 for several weeks. Near term resistance is at 0.7411, a break of this level could take the price towards 0.7483 resistance. Near term support is at 1.7348,...
GBPUSD extended its downside movement from 1.3213 to as low as 1.2919, breaking below 1.2957 previous low support. Further decline could be expected in a couple of days and next target would be at 1.2800 area. Near...
EURUSD extended its downside movement from 1.1746 to as low as 1.1530, facing 1.1508 support, a breakdown below this level could trigger further downside movement towards 1.1400. Near term resistance is at 1.1600, only a break of...
