GBPUSD stays in a falling price channel on the daily chart and remains in the downtrend from 1.3381. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
EURUSD broke below the rising trend line on the daily chart and is now in the downtrend from 1.1412. Deeper decline to test 1.1106 support would likely be seen, a breakdown below this level could trigger further...
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USDCAD is facing 1.3036 support, a breakdown below this level could take the price to 1.2950 area. Key resistance is at 1.3144, above this level would indicate that the downside movement from 1.3432 had completed at 1.3036...
USDJPY’s downside movement from 108.99 had completed at 107.85 already. Another rise towards 109.50 could be expected over the next several days. Key support is at 107.85, only a breakdown below this level could trigger another fall...
AUDUSD’s upside movement from 0.6910 extended to as high as 0.6987. Further rally is still possible after a minor consolidation and next target would be at 0.7030 area. Near term support is at 0.6965, a breakdown below...
GBPUSD broke above the resistance of the price channel on the 4-hour chart. However, the bounce from 1.2439 is likely corrective consolidation for the downtrend from 1.2783, another fall towards 1.2400 is still possible after the consolidation....
EURUSD remains in the uptrend from 1.1193, the pullback from 1.1285 is likely corrective consolidation for the uptrend. As long as 1.1225 support holds, the uptrend could be expected to resume and further rise to 1.1350 area...
USDCAD failed to break above 1.3144 resistance and stays in a trading range between 1.3036 and 1.3144. Deeper decline to test 1.3036 support would likely be seen, a breakdown below this level could trigger further downside movement...
USDJPY’s upside movement from 107.53 had completed at 108.99 already. Deeper decline would likely be seen over the next several days and next target would be at 107.70 area. Near term resistance is at 108.35, a break...
