USDCAD extended its downside movement from 1.3124 to as low as 1.2544. Further decline is still possible in a couple of weeks and next target would be at the bottom support trend line of the price channel...
USDJPY is testing 107.90 resistance. Above this level would indicate that the downside movement from 114.73 had completed at 104.63 already, then further rally to 110.00 area could be seen. However, as long as 107.90 resistance holds,...
GBPUSD is facing 1.4345 resistance. A breakout of this level would indicate that the uptrend from 1.1946 (Oct 7, 2016 low) has resumed, then next target would be at 1.5000 area. Support levels are at 1.3950 and...
EURUSD stays in a trading range between 1.2154 and 1.2555. The key support is at 1.2154, as long as this level holds, the price action in the range could be treated as consolidation for the uptrend from...
AUDUSD is facing the resistance of the falling trend line on the daily chart. As long as the trend line resistance holds, the bounce from 0.7642 could be treated as consolidation for the downtrend from 0.8135 and...
USDCAD broke below 1.2803 support, suggesting that the upside movement from 1.2248 had completed at 1.3124 already. Further decline would likely be seen over the next several weeks and next target would be at 1.2650, followed by...
USDJPY is facing 107.90 resistance, a breakout of this level would suggest that the downside movement from 114.73 had completed at 104.63 already, then the following upside movement could take price to next resistance level at 110.00...
AUDUSD remains in the downtrend from 0.8135, the rise from 0.7642 is likely consolidation for the downtrend. Range trading between 0.7642 and 0.7785 would likely be seen over the next several days. As long as 0.7785 resistance...
GBPUSD stays in a trading range between 1.3711 and 1.4345. Another fall towards 1.3711 support could be expected next week. A breakdown below this level would suggest that the bullish movement from 1.1946 (Oct 7, 2016 low)...
EURUSD continued its sideways movement in a trading range between 1.2154 and 1.2555. As long as 1.2154 support holds, the sideways move could be treated as consolidation for the uptrend from 1.1554 and a breakout of 1.2555...
