USDCAD stays above a rising trend line on the daily chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the uptrend could be expected to continue and next target would...
USDJPY failed to break above 114.54 resistance and pulled back to 112.60 area, suggesting that lengthier consolidation for the uptrend from 104.63 is needed. However, as long as the price is in the price channel on the...
AUDUSD’s bounce from 0.7020 extended to as high as 0.7337. Further rally is still possible in a couple of weeks and next target would be at 0.7500 area. Support is at 0.7160, only a breakdown below this...
GBPUSD is facing 1.2695 support, a breakdown below this level could indicate that the downside movement from 1.4376 has resumed, then further decline towards 1.2300 area could be seen. Near term resistance is at 1.2900, a break...
EURUSD broke below 1.1301 support and extended its downside movement from 1.1815 to as low as 1.1215. As long as the price is below the bearish trend line on the daily chart, the downside movement could be...
USDCAD extended its upside movement from 1.2782 to as high as 1.3021, breaking above the resistance level at 1.3226. Further rise could be expected and next target would be at 1.3385 resistance. Near term support is located...
USDJPY stays in a rising price channel on the daily chart, suggesting that the pair remains in the uptrend from 104.63. As long as the price is in the channel, the upside movement could be expected to...
AUDUSD broke above the bearish trend line on the daily chart, suggesting that the downside movement from 0.8135 had completed at 0.7020 already. Further rally would likely be seen after a minor consolidation and next target would...
GBPUSD moved sideways in a trading range between 1.2661 and 1.3298. The price action in the range is likely consolidation for the downtrend from 1.4376, another fall could be expected after the consolidation. Support is at 1.2661,...
EURUSD is facing 1.1301 support once again. A breakdown below this level could trigger further downside movement towards 1.1000. Near term resistance is at 1.1500, a break of this level could bring the price back towards 1.1600.
