USDCAD extended its downside movement from 1.3564 to as low as 1.3059, breaking below 1.3068 support. Further decline could be expected after a minor consolidation and next target would be at 1.2950 area. Near term resistance is...
USDJPY’s downside movement from 112.40 extended to as low as 106.77. 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...
AUDUSD broke above the falling trend line on the daily chart, suggesting that the downside movement from 0.7205 had completed at 0.6831 already. Further rally could be expected after a minor consolidation and next target would be...
After touching 1.2762 resistance, GBPUSD pulled back from 1.2783, suggesting that the pair remains in the downtrend from 1.3381. Further decline towards 1.2400 is still possible over the next several weeks. Only a clear break above 1.2762...
EURUSD stays above a rising trend line on the daily chart and remains in the uptrend from 1.1106. Further rally is possible over the next several weeks and next target would be at 1.1600 area. Near term...
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USDCAD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3228. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
USDJPY remains in the uptrend from 106.77, the pullback from 108.16 is likely corrective consolidation for the uptrend. Another rise could be expected after consolidation and next target would be at 109.00 area. Support is at 107.40,...
AUDUSD extended its upside movement from 0.6831 to as high as 0.7009. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...
GBPUSD remains in the downtrend from 1.2783. Deeper decline could be expected in a couple of days and next target would be at 1.2550 area. Resistance is at 1.2725, only break above this level could trigger another...
