USDCAD broke below 1.2887 support, suggesting that the downside movement from 1.3385 has resumed. Further decline could be expected in a couple of weeks and next target would be at 1.2800 area. Near term resistance is at...
USDJPY broke above 112.15 resistance. Further rise to test 113.17 resistance could be expected, a breakout of this level would aim 115.50 resistance. Near term support is at 111.60, a breakdown below this level could bring the...
AUDUSD remains in the downtrend from 0.8135, the bounce from 0.7085 is likely consolidation for the downtrend. Resistance is located at the bearish trend line on the daily chart. As long as the trend line resistance holds,...
GBPUSD broke above 1.3213 resistance, suggesting that the downside movement from 1.4376 had completed at 1.2661 already. Further rally would likely be seen in a couple of weeks and next target would be at 1.3500 area. Near...
EURUSD is facing 1.1851 resistance, as long as this level holds, the price action from 1.1510 could be treated as consolidation for the downtrend from 1.2555, and another fall towards 1.1000 is still possible after the consolidation....
USDCAD is now in uptrend from 1.2887, the fall from 1.3226 would possibly be correction for the uptrend. Another rise would likely be seen after the correction and a break of 1.3226 resistance could trigger further upside...
USDJPY is facing 112.15 resistance. A breakthrough this level would indicate that the uptrend from 104.63 has resumed, then further rise towards 115.50 resistance is possible. Support is at 109.77, a breakdown below this level would confirm...
AUDUSD stays below a falling trend line on the daily chart. As long as the trend line resistance holds, the bounce from 0.7085 could be treated as consolidation for the downtrend from 0.8135, and further decline towards...
GBPUSD is facing 1.3213 resistance. A breakout of this level would indicate that the downside movement from 1.4376 had completed at 1.2661 already, then next target would be at 1.3500 area. Near term support is at 1.2950,...
EURUSD remains in the downtrend from 1.2555, the price action from 1.1510 is likely consolidation for the downtrend. Another fall could be expected after the consolidation and a breakdown below 1.1525 support could take the price towards...
