USDCAD remains in the downtrend from 1.3564, the bounce from 1.3240 is likely corrective consolidation for the downtrend. Another fall could be expected after the consolidation and a breakdown below 1.3240 support could take the price to...
USDJPY remains in the downtrend from 112.40, the bounce from 107.81 could be treated as consolidation for the downtrend. As long as the price is below the falling trend line on the daily chart, the downside movement...
AUDUSD broke below 0.6864 support and extended its downside movement from 0.7205 to as low as 0.6861. Further decline could be expected in a couple of weeks and next target would be at 0.7650 area. Key resistance...
GBPUSD is facing 1.2558 support, a breakdown below this level could signal resumption of the downtrend from 1.3381, then next target would be at 1.2400 area. Near term resistance is at 1.2762, a breakout of this level...
After touching the bearish trend line on the daily chart, EURUSD pulled back from 1.1347, indicating that the pair remains in the downtrend from 1.1570. Further decline could be expected in a couple of weeks and next...
USDCAD broke below the rising trend line on the daily chart, suggesting that the upside movement from 1.3068 had completed at 1.3564 already. Further decline could be expected and next target would be at 1.3100 area. Resistance...
USDJPY stays below a bearish trend line on the daily chart and remains in the downtrend from 112.40. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
AUDUSD’s bounce from 0.6864 extended to as high as 0.7021. Further rally is still possible in a couple of weeks and next target would be at the top trend line of the price channel on the daily...
GBPUSD stays below a falling trend line on the daily chart and remains in the downtrend from 1.3381. Further decline is still possible after a minor consolidation and next target would be at 1.2300 area. Near term...
EURUSD broke above the falling trend line on the daily chart, suggesting that the downside movement from 1.1570 had completed at 1.1106 already. Further rally would likely be seen in a couple of weeks and next target...
