USDCAD is now in uptrend from 1.2526. Further rise could be expected after a corrective consolidation and next target would be at 1.3100 area. Near term support is at 1.2800, a breakdown below this level would indicate...
USDJPY broke above 107.90 resistance and extended its upside movement from 104.63 to as high as 109.53, suggesting that the downtrend from 114.73 is complete. Further rise could be expected after a minor consolidation and next target...
AUDUSD extended its downside movement from 0.8135 to as low as 0.7514. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and deeper...
GBPUSD extended its downside movement from 1.4376 to as low as 1.3747, facing the support level at 1.3711. A breakdown below this level would indicate that the upside movement from 1.1946 (Oct 7, 2016 low) had completed...
EURUSD extended its downside movement from 1.2555 to as low as 1.2055, facing the support at bottom of the price channel on the daily chart. A clear break below the channel support would indicate that the uptrend...
USDCAD’s downside movement from 1.3124 had completed at 1.2526 already. Further rally would likely be seen in a couple of weeks and next target would be at 1.3000 area. Support is at 1.2526, only a breakdown below...
USDJPY is facing 107.90 resistance, a break of this level would indicate that the downtrend from 114.73 had completed at 104.63 already, then next target would be at 110.00 area. On the downside, as long as 107.90...
AUDUSD failed to breakout of the falling trend line on the daily chart, suggesting that the pair remains in the downtrend from 0.8135. A breakdown below 0.7642 support would indicate that the downside movement has resumed, then...
GBPUSD pulled back to 1.4000 area after touching 1.4345 resistance, suggesting that lengthier consolidation for the uptrend from 1.1946 (Oct 7, 2016 low) is needed. Deeper decline towards 1.3711 key support is possible in the coming days....
EURUSD continued its sideways movement in a trading range between 1.2154 and 1.2555. The sideways move is likely consolidation for the uptrend from 1.1554. As long as 1.2154 support holds, the uptrend could be expected to resume...
