Being contained by 1.1510 support, EURUSD rebounded from 1.1543. However, the bounce is likely consolidation for the downtrend from 1.1851, another fall to test 1.1510 support is possible after the consolidation and a breakdown below this level...
The Organization of the Petroleum Exporting Countries (OPEC) will meet in Vienna next week to discuss potential reduction or revision to the 1.8 million barrels/day production cut put in place in early 2017. After yearlong rise in...
USDCAD extended its upside movement from 1.2728 to as high as 1.3207. Further rise is still possible after a minor consolidation and next target would be at 1.3250 area. Near term support is at 1.3110, a breakdown...
USDJPY extended its upside movement from 108.11 to as high as 110.90. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
AUDUSD extended its downside movement from 0.7676 to as low as 0.7625, facing the 0.7412 support. A breakdown below this level could trigger further downside movement towards 0.7300. Resistance is at 0.7520, as long as this level...
GBPUSD is facing 1.3204 support. A breakdown below this level could trigger further downside movement towards 1.3000 area. Resistance is at 1.3320, only break above this level could bring the price back towards 1.3500.
EURUSD extended its downside movement from 1.1851 to as low as 1.1543. Further decline to test 1.1510 support is possible after a minor consolidation and a breakdown below this level could take the price to 1.3000 area....
USDCAD extended its upside movement from 1.2526 to as high as 1.3205. Further rise is still possible after a minor consolidation and next target would be at 1.3300 area. Near term support is at 1.2900, a breakdown...
USDJPY moved sideways in a trading range between 108.11 and 111.39. A breakout of 111.39 resistance would indicate that the upside movement from 104.63 has resumed, then further rise towards 113.00 area could be seen. Key support...
AUDUSD failed to break above the falling trend line on the daily chart, indicating that the pair remains in the downtrend from 0.8135. A breakdown below 0.7412 support would indicate that the downside movement has resumed, then...
