USDCAD extended its downside movement from 1.3385 to as low as 1.2782, breaking below 1.2887 support. As long as the price is below the bearish trend line on the daily chart, the downside movement could be expected...
USDJPY’s upside movement from 109.77 extended to as high as 114.54. Further rise is still possible after a minor consolidation and next target would be at 115.50 resistance. Near term support is at the bottom of the...
AUDUSD extended its downside movement from 0.8135 to as low as 0.7042, breaking below 0.7085 support. As long as the price is below the bearish trend line on the daily chart, the downside movement could be expected...
GBPUSD remains in the uptrend from 1.2661, the pullback from 1.3298 is likely consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 1.3500 area. Near term support is...
EURUSD moved sideways in a trading range between 1.1301 and 1.1851 for several months. As long as 1.1851 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2555 and further decline towards...
USDCAD is facing 1.2887 support once again. A breakdown below this level could trigger further downside movement towards 1.2800 area. Near term resistance is at 1.3081, followed by the falling trend line on the daily chart, only...
USDJPY extended its upside movement from 104.63 to as high as 113.71. Further rise could be expected in a couple of weeks and next target would be at 115.50 resistance. Near term support is at 112.50, only...
AUDUSD failed to break above the bearish trend line on the daily chart and pulled back to 0.7200 area, suggesting that the pair remains in the downtrend from 0.8135 and the bounce from 0.7085 could be treated...
GBPUSD broke below the bottom of the price channel on the daily chart, suggesting that the short term uptrend from 1.2661 had completed at 1.3298 already and correction for the uptrend is underway. Deeper decline is still...
EURUSD failed in its attempt to break above 1.1851 resistance and pulled back to 1.1570 area, suggesting that the pair remains in the downtrend from 1.2555 and the price action from 1.1510 could be treated as consolidation...
