USDCAD is facing 1.2997 resistance, a breakout of this level could signal resumption of the uptrend from 1.2526, then next target would be at 1.3200 area. Support is at 1.2728, only a breakdown below this level could...
USDJPY broke below the bottom of the price channel on its daily chart, suggesting that the upside movement from 104.63 had completed at 111.39 already. Further decline would likely be seen and a breakdown below 108.64 support...
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 0.7412 could be treated as consolidation for the...
GBPUSD extended its downside movement from 1.4376 to as low as 1.3291. Further decline is still possible after a minor consolidation and next target would be at 1.3000 area. The key resistance is at 1.3617, only a...
EURUSD stays below a falling trend line on its daily chart and remains in the downtrend from 1.2413. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
USDCAD is now in downtrend from 1.2997. Another fall towards the bottom of the price channel on the daily chart is possible over the next several weeks. Resistance is at 1.2997, only a breakout of this level...
USDJPY stays in a rising price channel on the daily chart and remains in the uptrend from 104.63. As long as the price is in the channel, the upside movement could be expected to continue and next...
AUDUSD moved sideways in a trading range between 0.7412 and 0.7566. The sideways move is likely consolidation for the downtrend from 0.8135 and further decline to 0.7150 is possible after the consolidation. On the upside, a breakout...
No changed in our view, GBPUSD remains in the downtrend from 1.4376. As long as 1.3617 key resistance holds, the downside movement could be expected to continue and next target would be at 1.3100 area. On the...
EURUSD extended its downside movement from 1.2555 to as low as 1.1749. Key resistance is now at 1.1996. As long as this level holds, the downside movement could be expected to continue and next target would be...
