USDCAD remains in the downtrend from 1.3664, the bounce from 1.3068 is likely consolidation for the downtrend. As long as 1.3375 resistance holds, the downside movement could be expected to resume, and next target would be at...
USDJPY broke above 109.99 resistance, suggesting that the upside movement from 105.05 has resumed. Further rise could be expected in the coming days and next target would be at 112.00 area. Support is at 108.49, only a...
AUDUSD broke below 0.7075 key support, suggesting that the upside movement from 0.6765 had completed at 0.7295 already. Further decline could be expected and next target would be at 0.6900 area. Near term resistance is at 0.7180,...
GBPUSD broke below 1.2940 support, suggesting that the upside movement from 1.2396 had completed at 1.3217 already. Deeper decline could be expected in a couple of weeks, and next target would be at 1.2500 area. Resistance levels...
EURUSD continued its sideways movement in a trading range between 1.1215 and 1.1570. As long as 1.1570 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.2555 (Feb 16,...
USDCAD broke below 1.3179 support and extended its downside movement from 1.3664 to as low as 1.3068. As long as the price is below the falling trend line on the daily chart, the downside movement could be...
USDJPY remains in the uptrend from 105.05, the pullback from 109.99 is likely consolidation for the uptrend. Further rise is still possible next week and a break of 109.99 resistance could trigger another bullish move towards 112.00....
AUDUSD broke above 0.7235 resistance, suggesting that the upside movement from 0.6765 has resumed. Further rise would likely be seen in the coming days and next target would be at 0.7400 area. The key support is at...
GBPUSD’s upside movement from 1.2396 extended to as high as 1.3217. Support is at 1.2940, as long as this level holds, the upside movement could be expected to continue and next target would be at 1.3500 area....
EURUSD failed to break below 1.1215 support and continued its sideways movement in a trading range between 1.1215 and 1.1570. Another rise to test 1.1570 resistance could be expected next week, above this level could trigger further...
