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 bounce from 1.2961 could be treated as consolidation for the...
USDJPY broke below the rising trend line on the daily chart, suggesting that the upside movement from 104.63 to as high as 113.17. Deeper decline would likely be seen in a couple of weeks and next target...
AUDUSD broke below 0.7310 support and extended its downside movement from 0.8135 to as low as 0.7280. As long as the price is below the falling trend line on the daily chart, the downside movement could be...
GBPUSD extended its downside movement from 1.4376 to as low as 1.2722. 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...
EURUSD broke below 1.1508 support and extended its downside movement from 1.2555 to as low as 1.1388. Further decline is still possible and next target would be at 1.1200 area. Resistance levels are at 1.1550 and 1.1851,...
USDCAD’s downside movement from 1.3385 extended to as low as 1.2967. Further decline is still possible in a couple of weeks and next target would be at bottom support trend line of the rising price channel on...
USDJPY stays above a rising trend line on the daily chart and remains in the uptrend from 104.63. As long as the trend line support holds, the upside movement could be expected to continue and next target...
AUDUSD moved sideways in a trading range between 0.7310 and 0.7483. As long as the price is below the falling trend line on the daily chart, the sideways movement could be treated as consolidation of the downtrend...
GBPUSD is facing 1.2957 support, a breakdown below this level could take the price to 1.2750 area. Near term resistance is at the top trend line of the price channel on the daily chart, as long as...
EURUSD continued its sideways movement in a trading range between 1.1508 and 1.1851, and is now facing 1.1508 support. A breakthrough this level could trigger further downside movement towards 1.1400. Key resistance is at 1.1851, only break...
