USDCAD stays in a bullish price channel on the daily chart and remains in the uptrend from 1.2782. As long as the channel support holds, the upside movement could be expected to continue and next target would...
USDJPY continued its sideways movement in a trading range between 111.37 and 114.54. The sideways movement is likely consolidation for the uptrend from 104.63. As long as the price is in the rising price channel on the...
AUDUSD broke below 0.7164 support, suggesting that the upside movement from 0.7020 had completed at 0.7393 already. Further decline is still possible next week and next target would be at 0.7050 area. Resistance is at 0.7280, a...
GBPUSD broke below 1.2661 support and extended its downside movement from 1.3298 to as low as 1.2475. Further decline is still possible after a minor consolidation and next target would be at 1.2300 area. Resistance is at...
EURUSD continued its sideways movement in a trading range between 1.1215 and 1.1500. As long as 1.1500 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.1815 and further decline towards 1.1000...
USDCAD extended its upside movement from 1.2782 to as high as 1.3444. As long as the price is in the bullish price channel on the 4-hour chart, the upside movement could be expected to continue and next...
USDJPY moved sideways in a trading range between 111.37 and 114.54 for several weeks. As long as the price is in the rising price channel on the daily chart, the sideways movement could be treated as consolidation...
AUDUSD pulled back from 0.7393, facing the key support at 0.7164. A breakdown below this level would confirm that the upside movement from 0.7020 is complete, then the pair would find next support at around 0.7100. Near...
GBPUSD is testing 1.2661 support, below this level would indicate that the downside movement from 1.4376 has resumed, then further decline towards 1.2300 could be seen. Near term resistance is at 1.2940, a break of this level...
EURUSD stayed in a trading range between 1.1215 and 1.1500 for several weeks. The price action in the range is likely consolidation for the downtrend from 1.1815. As long as 1.1500 resistance holds, the downtrend could be...
