EURUSD broke above the bearish price channel on the daily chart. Further rise to test 1.1109 resistance is possible next week, above this level would indicate that the downtrend from 1.1412 had completed at 1.0879 already, then...
USDCAD moved sideways in a trading range between 1.3133 and 1.3382 for several weeks. Support is at 1.3133, a breakdown below this level could trigger another downside movement towards 1.2900. Resistance is at 1.3382, a break of...
USDJPY broke below 106.95 support, suggesting that the downtrend from 112.40 has resumed. Further decline is still possible next week and next target would be at 105.00 area. Key resistance is at 108.47, only break above this...
After touching 0.6677 support, AUDUSD rebounded from 0.6670, suggesting that lengthier consolidation for the downtrend from 0.7295 is needed. Further rally could be expected in the coming days and the target would be at the falling trend...
No changed in our view, GBPUSD remains in the uptrend from 1.1958, the fall from 1.2581 is likely corrective consolidation for the uptrend. Further rise could be expected after the consolidation and next target would be at...
EURUSD stays in a bearish price channel on the daily chart and remains in the downtrend from 1.1412. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
USDCAD remains in the downtrend from 1.3382, a breakdown below 1.3133 support could take the price to next support level at 1.3015. Near term resistance is at 1.3310, only break above this level could trigger another rise...
USDJPY remains in the downtrend from 112.40, the bounce from 104.44 is likely consolidation for the downtrend. Near term support is at 106.95, a breakdown below this level could trigger another fall towards 104.00. Resistance is at...
AUDUSD remains in the downtrend from 0.7295, the price action from 0.6677 is likely consolidation for the downtrend. Further decline could be expected after the consolidation and next target would be at 0.6500 area. Near term resistance...
GBPUSD remains in the uptrend from 1.1958, the pullback from 1.2581 would possibly be corrective consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 1.3000 area. Support levels...
