EURUSD broke below 1.0925 support, suggesting that the downtrend from 1.1412 has resumed. As long as the price is in the falling price channel on the daily chart, the downside movement could be expected to continue and...
No changed in our view, USDCAD remains in the downtrend from 1.3382, the bounce from 1.3133 is likely correction for the downtrend. Another fall would likely be seen after the correction and a breakdown below 1.3200 support...
After touching the resistance of the falling trend line on the daily chart, USDJPY pulled back from 108.47, suggesting that the upside movement from 104.44 had completed at 108.47 already. Another fall could be expected over the...
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 bounce from 0.6677 could be treated as consolidation for the...
GBPUSD extended its upside movement from 1.1958 to as high as 1.2581. Further rally is still possible next week and next target would be at 1.2750 area. Near term support is at 1.2390, below this level would...
EURUSD failed to break above the resistance of the falling price channel on the daily chart, suggesting that the pair remains in the downtrend from 1.1412. As long as the channel resistance holds, the downside movement could...
USDCAD is now in the downtrend from 1.3382, further decline would likely be seen in the coming days and next target would be at 1.3000 area. Resistance is at 1.3382, only break above this level could trigger...
USDJPY broke above the resistance of the falling trend line on the daily chart, suggesting that the downside movement from 112.40 had completed at 104.44 already. Further rally could be expected and next target would be at...
AUDUSD extended its upside movement from 0.6677 to as high as 0.6894. Further rise would likely be seen in a couple of weeks and next target would be at the falling trend line on the daily chart....
GBPUSD broke above the falling price channel on the daily chart, suggesting that the downside movement from 1.3381 had completed at 1.1958 already. Further rally could be expected and next target would be at 1.2800 area. Near...
