USDCAD extended its downside movement from 1.3664 to 1.3180 area, breaking below the bullish support trend line on the daily chart, indicating that the upside movement from 1.2782 had completed at 1.3664 already. Further decline would likely...
USDJPY remains in the downtrend from 114.54, the bounce from 105.05 is likely consolidation for the downtrend. Range trading between 106.00 and 110.00 is possible in a couple of weeks. As long as 110.00 resistance holds, the...
AUDUSD extended its upside movement from 0.6765 to as high as 0.7235. Further rise is still possible in a couple of weeks and next target would be at 0.7393 resistance. Near term support is at 0.7150, below...
GBPUSD broke above 1.2814 resistance, suggesting that the downside movement from 1.3298 had completed at 1.2396 already. Further rally would likely be seen in a couple of weeks and next target would be at 1.3100 area. Near...
EURUSD broke above 1.1500 resistance, suggesting that lengthier consolidation for the downtrend from 1.2555 (Feb 16, 2018 high) is underway. Further rally is still possible in a couple of weeks and the target would be at upper...
USDCAD is facing the support of the bullish trend line on the daily chart, a breakdown below the trend line support would indicate that the upside movement from 1.2782 had completed at 1.3664 already, then deeper decline...
USDJPY’s downside movement from 114.54 had completed at 105.05. Range treading between 106.00 and 110.50 would likely be seen in the coming days. As long as 110.50 resistance holds, the downtrend could be expected to resume, and...
AUDUSD’s downside movement from 0.7393 had completed at 0.6765 already. Further rally would likely be seen in the coming days and next target would be at 0.7300 area. Near term support is at 0.7000, below this level...
GBPUSD extended its downside movement from 1.3298 to as low as 1.2396. Further decline is still possible after consolidation and next target would be at 1.2200 area. Key resistance is at 1.2814, above this level would indicate...
EURUSD failed to breakout of 1.1500 resistance and stayed in a trading range between 1.1215 and 1.1500. As long as 1.1500 resistance holds, the price action in the trading range could be treated as consolidation for the...
