USDCAD remains in the downtrend from 1.3664. Further decline could be expected after consolidation and next target would be at 1.3000 area. Resistance is at 1.3375, only break above this level could signal completion of the downtrend.
USDJPY’s upside movement from 105.05 extended to as high as 109.99. Further rise is still possible after a minor consolidation and next target would be at 112.00 area. Near term support is at 109.00, a breakdown below...
AUDUSD remains in the uptrend from 0.6765, the pullback from 0.7235 is likely consolidation for the uptrend. Range trading between 0.6900 and 0.7235 would likely be seen in a couple of weeks. Another rise could be expected...
GBPUSD extended its upside movement from 1.2396 to as high as 1.3217. Further rise is still possible after a minor consolidation and next target would be at 1.3500 area. Near term support is at 1.2970, a breakdown...
EURUSD broke below the bottom support trend line of the price channel on the daily chart, suggesting that the downside movement from 1.2555 has resumed. Further decline would likely be seen in a couple of weeks and...
USDCAD remains in the downtrend from 1.3664, the bounce from 1.3179 is likely consolidation for the downtrend. Another fall could be expected after the consolidation and next target would be at 1.3000 area. Near term resistance is...
USDJPY extended its upside movement from 105.05 to as high as 109.88. Further rally is still possible next weeks and next target would be at 112.00 area. Near term support is at 109.00, a breakdown below this...
AUDUSD’s upside movement from 0.6765 extended to as high as 0.7235. Further rise is still possible after a minor consolidation and next target would be at 0.7350 area. Near term support is at 0.7140, a breakdown below...
GBPUSD’s bounce from 1.2396 extended to as high as 1.3000. Further rally could be expected in a couple of weeks and next target would be at 1.3100 area. Near term support is at 1.2750, a breakdown below...
EURUSD stays in a rising price channel on the daily chart and remains in the uptrend from 1.1215. As long as the price is in the channel, the upside movement could be expected to continue and next...
