USDCAD stays below a falling trend line on the daily chart and remains in the downtrend from 1.3385. As long as the trend line resistance holds, the price action from 1.2961 could be treated as consolidation for...
USDJPY stays in a falling price channel on the daily chart and remains in the downtrend from 113.17. As long as the channel resistance holds, the bounce from 109.77 could be treated as consolidation for the downtrend...
AUDUSD remains in the downtrend from 0.8135, the price action from 0.7202 is likely consolidation for the downtrend. As long as the price is below the falling trend line on the daily chart, the downside movement could...
GBPUSD stays below a falling trend line on the daily chart and remains in the downtrend from 1.4376. As long as the trend line resistance holds, the bounce from 1.2661 could be treated as consolidation for the...
EURUSD broke above 1.1550 resistance, suggesting that consolidation for the downside movement from 1.2555 is underway. Near term resistance is at the top trend line of the price channel on the daily chart. As long as the...
USDCAD failed to break above the falling trend line on the daily chart and remains in the downtrend from 1.3385. Further decline is still possible and a breakdown below 1.2961 support could take the price to 1.2850...
USDJPY broke below the falling trend line on the daily chart and is now in the downtrend from 113.17. Further decline could be expected in a couple of days and next target would be at 108.00 area....
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.8135. As long as the trend line resistance holds, the bounce from 0.7202 could be treated as consolidation for the...
GBPUSD’s downside movement from 1.4376 extended to as low as 1.2661. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next target...
EURUSD extended its downside movement from 1.2555 to as low as 1.1301. Further decline is still possible after a minor consolidation and next target would be at 1.1000 area. Near term resistance is at 1.1550, only a...
