GBPUSD failed to break above 1.2747 resistance and stayed in the trading range between 1.2558 and 1.2747. As long as 1.2747 resistance holds, the price action in the trading range could be treated as consolidation for the...
EURUSD broke below 1.1225 support, suggesting that the short term uptrend from 1.1116 had completed at 1.1306 already. Further decline could be expected in the coming days and next target would be at 1.1200, followed by 1.1180....
USDCAD extended its downside movement from 1.3564 to as low as 1.3375, facing the support level at 1.3357, a breakdown below this level could take the price to 1.3300 area. Near term resistance is at 1.3420, a...
USDJPY remains in the downtrend from 110.67, the bounce from 107.84 is likely consolidation for the downtrend. As long as 108.45 resistance holds, the downside movement could be expected to continue and next target would be at...
AUDUSD’s upside movement from 0.6898 extended to as high as 0.7003. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next target...
GBPUSD moved sideways in a trading range between 1.2558 and 1.2747. As long as 1.2747 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3176, further decline to 1.2500 area is still...
EURUSD broke above 1.1265 resistance and extended its upside movement from 1.1116 to as high as 1.1277. Further rise could be expected after a minor consolidation and next target would be at 1.1300 area. Near term support...
President Donald Trump threatened on Thursday to impose new tariffs on Mexico if the country does not step up its immigration enforcement actions, combining his boiling border-related frustrations with his preferred method of punishing foreign countries. Trump...
USDCAD broke below 1.3480 support, suggesting that the upside movement from 1.3357 had completed at 1.3564 already. Further decline could be expected in the coming days and next target would be at 1.3400 area. Resistance is at...
USDJPY’s downside movement from 109.92 extended to as low as 107.85. Further decline is still possible in a couple of days and next target would be at 107.00 area. Near term resistance is at 108.45, a break...
