USDCAD broke below 1.3180 support, suggesting that the upside movement from 1.2526 had completed at 1.3385 already. Further decline would likely be seen in a couple of weeks and next target would be at 1.2850 area. Below...
USDJPY is facing 111.39 resistance. A breakout of this level could signal resumption of the uptrend from 104.63, then next target would be at 113.00 area. On the downside, a breakdown below 108.11 support would indicate that...
AUDUSD’s downside movement from 0.8135 extended to as low as 0.7322. Near term resistance is at 0.7443, as long as this level holds, the downside movement could be expected to continue and next target would be at...
GBPUSD’s downside movement from 1.4376 extended to as low as 1.3049. Near term resistance is at the top trend line of the price channel on the daily chart. As long as the channel resistance holds, the downside...
EURUSD continued its sideways movement in a trading range between 1.1508 and 1.1851. As long as 1.1851 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2555 and a breakdown below 1.1508...
USDCAD’s upside movement from 1.2526 extended to as high as 1.3381. Near term support is at 1.3180, as long as this level holds, the upside movement could be expected to continue and next target would be at...
USDJPY continued its sideways movement in a trading range between 108.11 and 111.39. Near term resistance is at 111.39, a breakout of this level could take the price to 113.00 area. Key support is at 108.11, a...
AUDUSD extended its downside movement from 0.8135 to as low as 0.7345, breaking below 0.7412 support. Further decline could be expected and next target would be at 0.7000 area. Resistance is at the falling trend line on...
GBPUSD extended its downside movement from 1.4376 to as low as 1.3101. As long as 1.3472 resistance holds, the downtrend could be expected to continue and next target would be at 1.2500 area. On the upside, a...
EURUSD moved sideways in a trading range between 1.1508 and 1.1851. As long as 1.1851 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.2555 and further decline to...
