USDCAD extended its downside movement from 1.2920 to as low as 1.2355, breaking below 1.2433 support. Further decline would likely be seen in a couple of weeks and next target would be at 1.2061 support. Near term...
USDJPY stayed in a trading range between 110.84 and 114.73 for several weeks. The price action in the range is likely consolidation of the uptrend from 107.31. As long as 110.84 support holds, the upside movement could...
AUDUSD continued its upside movement from 0.7501 to as high as 0.7874, facing 0.7897 resistance. A break above this level could trigger further upside movement towards 0.8124 previous high. Near term support is at 0.7800, only break...
GBPUSD stays above a bullish trend line on its daily chart and remains in the uptrend from 1.1946 (Oct 7, 2016 low). The pair is now facing 1.3657 resistance. A breakout of this level will suggest that...
EURUSD is now facing 1.2092 resistance. A breakout of this level will indicate that the uptrend from 1.0340 (Jan 3 low) has resumed, then next target would be at 1.2500 area. On the downside, a clear break...
USDCAD broke below 1.2623 support, indicating that the upside movement from 1.2061 had completed at 1.2916 already. Deeper decline to test 1.2433 support could be seen next week. A breakdown below this level could trigger further downside...
USDJPY moved sideways in a trading range between 110.84 and 114.73. As long as 110.84 support holds, the sideways move could be treated as consolidation of the uptrend from 107.31, and another rise to test 115.50 resistance...
AUDUSD extended its upside movement from 0.7501 to as high as 0.7824. Further rise to test 0.7897 resistance could be seen next week. A break of this level could take price to next resistance level at 0.8000,...
GBPUSD failed in its attempt to break below the bullish trend line on the daily chart once again and rebounded from 1.3301. Further rise to test 1.3657 resistance would likely be seen next week. A breakout of...
EURUSD broke above 1.1961 resistance. Further rise to test 1.2092 resistance could be seen next week. A breakout of this level will confirm that the uptrend from 1.0340 (Jan 3 low) has resumed, then the following upside...
