USDCAD extended its downside movement from 1.3564 to as low as 1.3059, breaking below 1.3068 support. Further decline could be expected after a minor consolidation and next target would be at 1.2950 area. Near term resistance is...
USDJPY’s downside movement from 112.40 extended to as low as 106.77. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next target...
AUDUSD broke above the falling trend line on the daily chart, suggesting that the downside movement from 0.7205 had completed at 0.6831 already. Further rally could be expected after a minor consolidation and next target would be...
After touching 1.2762 resistance, GBPUSD pulled back from 1.2783, suggesting that the pair remains in the downtrend from 1.3381. Further decline towards 1.2400 is still possible over the next several weeks. Only a clear break above 1.2762...
EURUSD stays above a rising trend line on the daily chart and remains in the uptrend from 1.1106. Further rally is possible over the next several weeks and next target would be at 1.1600 area. Near term...
USDCAD’s downside movement from 1.3564 extended to as low as 1.3150. Further decline is still possible in a couple of weeks and next target would be at 1.3000 area. Resistance is at the falling trend line on...
USDJPY stays below a falling trend line on the daily chart and remains in the downtrend from 112.40. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
AUDUSD extended its downside movement from 0.7205 to as low as 0.6831. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next...
GBPUSD is facing 1.2762 resistance, a breakout of this level could trigger further upside movement towards the falling trend line on the daily chart. However, as long as 1.2762 resistance holds, the bounce from 1.2505 could be...
EURUSD broke above 1.1347 resistance, suggesting that the downtrend from 1.1570 had completed at 1.1106 already. Further rally could be expected in the coming days and next target would be at 1.1550 area. Support is at the...
