USDCAD broke above 1.3174 resistance, suggesting that the downside movement from 1.3385 had completed at 1.2887 already. Further rise could be expected in a couple of weeks and next target would be at 1.3400 area. Support is...
USDJPY continued its sideways movement in a trading range between 109.77 and 112.15. Resistance is at 112.15, a break of this level could take the price to 114.00 area. Support is at 109.77, below this level would...
AUDUSD extended its downside movement from 0.8135 to as low as 0.7097. Further decline is still possible in a couple of week and next target would be at 0.7000 area. Resistance is at the falling trend line...
GBPUSD remains in the downtrend from 1.4376, the bounce from 1.2661 could be treated as consolidation for the downtrend. Range trading between 1.2661 and 1.3213 would likely be seen in a couple of weeks. Key resistance is...
EURUSD moved sideways in a trading range between 1.1301 and 1.1851. As long as 1.1851 resistance holds, the price action in the trading range would possibly be consolidation for the downtrend from 1.2555 and another fall towards...
USDCAD remains in the downtrend from 1.3385, the bounce from 1.2887 is likely consolidation of the downtrend. As long as the price is below the bearish trend line on the daily chart, the downside movement could be...
USDJPY moved sideways in a trading range between 109.77 and 112.15. The sideways movement is likely consolidation for the downtrend from 113.17. Further decline would likely be seen after the consolidation and a breakdown below 109.77 support...
AUDUSD broke below 0.7202 support and extended its downside movement from 0.8135 to as low as 0.7175. As long as the price is below the bearish trend line on the daily chart, the downside movement could be...
GBPUSD broke above the falling trend line on the daily chart, suggesting that lengthier consolidation for the downtrend from 1.4376 is needed. Sideways movement in a range between 1.2661 and 1.3213 would likely be seen in a...
EURUSD remains in the downtrend from 1.2555, the price action from 1.1510 is likely consolidation for the downtrend. Key resistance is at located at 1.1851. As long as this level holds, the downtrend could be expected to...
