EURUSD broke above the falling price channel on the daily chart. Further rally is still possible over the next several weeks and next target would be at 1.1350 area. Near term support is at 1.1035, a breakdown...
USDCAD failed to break above 1.3382 resistance and pulled back from 1.3327, breaking below the rising trend line on the daily chart. Another fall would likely be seen over the next several day and the target would...
USDJPY broke below the rising price channel on the daily chart. Deeper decline to test 107.88 support would likely be seen next week, a breakdown below this level would indicate that the upside movement from 104.44 had...
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.7295. As long as the trend line resistance holds, the price action in the trading range between 0.6670 and 0.6929...
GBPUSD extended its upside movement from 1.1958 to as high as 1.3166, breaking above 1.3012 resistance. Further rise is still possible and next target would be at 1.3350 area. Key support is at 1.2768, only break below...
EURUSD stays in a falling price channel on the daily chart and remains in the downtrend from 1.1570 (Jan 10 high). As long as the channel resistance holds, the price action from 1.0879 could be treated as...
USDCAD stays above a rising trend line on the daily chart and remains in the uptrend from 1.3041. As long as the trend line support holds, the upside movement could be expected to continue and next target...
USDJPY extended its upside movement from 104.44 to as high as 109.67, breaking above 109.48 resistance. Further rise could be expected in the coming days and next target would be at 110.50 area. Key support is at...
AUDUSD moved sideways in a trading range between 0.6670 and 0.6929 for several months. As long as the price is below the falling trend line on the daily chart, the sideways movement could be treated as consolidation...
GBPUSD continued its sideways movement in a trading range between 1.2768 and 1.3012. The sideways move is likely consolidation for the uptrend from 1.1958. As long as 1.2768 support holds, the upside movement could be expected to...
