USDCAD broke above 1.3520 resistance, suggesting that the uptrend from 1.3068 has resumed. Further rise is still possible next weeks and next target would be at 1.3664 resistance. Key support is at 1.3357, only a breakdown below...
USDJPY broke below 109.01 support and extended its downside movement from 112.40 to as low as 108.27. As long as the price is below the falling trend line on the daily chart, the downside movement could be...
AUDUSD broke above the resistance of the falling price channel on the daily chart, suggesting that consolidation for the downtrend from 0.7205 is underway. Range trading between 0.6864 and 0.7000 would likely be seen over the next...
GBPUSD’s downside movement from 1.3381 extended to as low as 1.2558. Further decline could be expected in a couple of weeks and next target would be at 1.2400 area. Key resistance is at 1.2813, a break of...
EURUSD continued its sideways movement in a trading range between 1.1110 and 1.1270. The sideways movement is likely consolidation for the downtrend from 1.1570. As long as the price is below the bearish trend line on the...
USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.3068. As long as the trend line support holds, the upside movement could be expected to continue and next target...
USDJPY is facing 109.01 support, a breakdown below this level would indicate that the downtrend from 112.40 has resumed, then next target would be at 107.00 area. Key resistance is at 110.67, only break above this level...
AUDUSD stays in a falling price channel on the daily chart and remains in the downtrend from 0.7205. As long as the channel resistance holds, the bounce from 0.6864 could be treated as consolidation for the downtrend,...
GBPUSD extended its downside movement from 1.3381 to as low as 1.2604. Further decline is still possible after a minor consolidation and next target would be at 1.2500 area. Key resistance is at 1.2813, a break of...
EURUSD moved sideways in a trading range between 1.1110 and 1.1270. As long as the price is below the falling trend line on the daily chart, the sideways movement could be treated as consolidation for the downtrend...
