USDCAD stays in the upward price channel on daily chart, and remains in short term uptrend from 1.2654. Near tern support is at the bottom of the channel. As long as the channel support holds, the uptrend...
USDJPY stays below the downward trend line on daily chart, and remains in downtrend from 123.75 (Nov 18, 2015 high). As long as the trend line resistance holds, the downtrend could be expected to continue, and next...
AUDUSD’s upward movement from 0.7144 extended to as high as 0.7755. Further rise could be expected after a minor consolidation, and next target would be at 0.8000 area. Support is at 0.7400, only break below this level...
GBPUSD stayed in the trading range between 1.2795 and 1.3480. As long as 1.3800 level holds, the price action from 1.2795 could be treated as consolidation of the downtrend from 1.5016, and further decline to 1.2000 area...
EURUSD is facing the downward trend line resistance again. A clear break above the trend line resistance will indicate that the downtrend from 1.1616 had completed at 1.0911 already, then the following upward movement could bring price...
USDCAD is in short term uptrend from 1.2654. Further rise is still possible in a couple of weeks, and the target would be at 1.3300 – 1.3400 area. Support level is at 1.2800, a breakdown below this...
USDJPY remains in downtrend from 123.75 (Nov 18, 2015 high). Further decline could be expected after a minor consolidation, and next target would be at 95.00 area. Near term resistance is at the downward trend line on...
AUDUSD remains in uptrend from 0.7144. Further rise could be expected in a couple of weeks, and next target would be at 0.8000 area. Near term support is at 0.7400, only break below this level could bring...
GBPUSD continued its sideways movement in a range between 1.2795 and 1.3480. Resistance is at 1.3800, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.2000 area.
EURUSD failed to break above the downward trend line on daily chart, indicating that the pair remains in downtrend from 1.1616. As long as the rend line resistance holds, the downtrend could be expected to continue, and...
