USDCAD remains in the downtrend from 1.2920, the bounce from 1.2248 is likely correction for the downtrend. Another fall could be expected after the correction and a breakdown below 1.2248 support could take price to next support...
USDJPY broke below 107.31 support and extended its downside movement from 113.75 to as low as 105.54. As long as the price is below the falling trend line on the daily chart, further decline is still possible...
AUDUSD remains in the downtrend from 0.8135, the bounce from 0.7758 is likely correction of the downtrend. Another fall could be expected to correction and a breakdown below 0.7758 support could trigger further downside movement towards 0.7500....
GBPUSD failed to break below the support of the bullish trend line on the daily chart and rebounded from 1.3764, indicating that the pair remains in the uptrend from 1.3027. As long as the trend line support...
EURUSD broke above 1.2537 resistance and extended its upside movement from 1.1554 to as high as 1.2555. As long as the price is above the bullish trend line on the daily chart, the upside movement could be...
USDCAD broke above 1.2590 resistance, confirming that the downside movement from 1.2920 had completed at 1.2248 already. Further rise to test 1.2920 resistance would likely be seen after consolidation. Support levels are at 1.2400 and 1.2248, only...
USDJPY extended its downside movement from 113.75 to as low as 108.04. As long as the price stays in the bearish channel on the daily chart, the downside movement could be expected continue and further decline to...
AUDUSD continue its downside movement from 0.8135 and the fall extended to as low as 0.7759. Further decline is still possible after a minor consolidation next target would be at 0.7650 area. Near term resistance is at...
GBPUSD’s pullback from 1.4345 extended to as low as 1.3764, facing the support of the bullish trend line on the daily chart. As long as the trend line support holds, the fall from 1.4345 could be treated...
EURUSD is now facing the support of the rising trend line on the daily chart. As long as the price is above the trend line, the pulled back from 1.2537 could be treated as consolidation of the...
