USDCAD broke above 1.3132 resistance and extended its upside movement from 1.2782 to 1.3160 area. Further rise could be expected and next target would be at 1.3200 area. Key support is at 1.2969, only a breakdown below...
USDJPY broke below 111.62 support and extended its downside movement from 114.54 to as low as 111.37. Range trading between 111.37 and 112.88 is possible in a couple of days. Support is at 111.37, a breakdown below...
AUDUSD broke above the bearish price channel on the 4-hour chart, suggesting that the short term downtrend from 0.7159 had completed at 0.7020 already. Further rally would likely be seen and next target would be at 0.7150...
GBPUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3257, the bounce from 1.2776 is likely consolidation of the downtrend. As long as the trend line resistance holds, the...
EURUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.1622. As long as the trend line resistance holds, the bounce from 1.1335 could be treated as consolidation of the...
USDCAD broke above the bearish trend line on the daily chart, suggesting that the downside movement from 1.3385 had completed at 1.2782 already. Further rise is still possible and next target would be at 1.3300 area. Near...
USDJPY is facing the support of the price channel on the daily chart. As long as the channel support holds, the fall from 114.54 could be treated as consolidation for the uptrend from 104.63 and another rise...
AUDUSD extended its downside movement from 0.8135 to as low as 0.7020. As long as the price is below the bearish trend line on the daily chart, further decline could be expected and next target would be...
GBPUSD broke below 1.2921 support and extended its downside movement from 1.3298 to 1.2775 area. Deeper decline to test 1.2661 support is possible next week and a breakdown below this level could take the price to 1.2200...
EURUSD is now facing 1.1301 support. A breakdown below this level would indicate that the long term downtrend from 1.2555 has resumed, then next target would be at 1.1000 area. Near term resistance is at 1.1470, a...
