After touching 1.2916 resistance, USDCAD pulled back from 1.2920 and continued its sideways movement above 1.2623 key support. As long as 1.2623 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.2061,...
USDJPY continued its sideways movement in a trading range between 110.84 and 114.73. The sideways movement is likely consolidation of the uptrend from 107.31. As long as 110.84 support holds, the uptrend could be expected to resume,...
AUDUSD is now facing 0.7729 resistance. A breakout of this level will confirm that the downside movement from 0.8124 had completed at 0.7501 already, then further rally towards 0.7897 resistance could be seen. Support levels are at...
GBPUSD stays above a bullish support trend line on the daily chart, suggesting that the pair remains in the uptrend from 1.1946 (Oct 7, 2016 low). As long as the trend line support holds, the price action...
EURUSD continued its sideways movement in a trading range between 1.1554 and 1.2092. The sideways move is likely consolidation of the uptrend from 1.0340 (Jan 3 low). As long as 1.1554 support holds, the uptrend could be...
USDCAD is facing 1.2916 resistance once again. A breakout of this level will signal resumption of the uptrend from 1.2061, then next target would be at 1.3200 area. Near term support is at 1.2623, a breakdown below...
USDJPY moved sideways in a trading range between 110.84 and 114.73. As long as 110.84 support holds, the sideways movement could be treated as consolidation of the uptrend from 107.31, and a breakout of 115.50 resistance will...
AUDUSD broke above the top trend line of the price channel on the daily chart, suggesting that the downtrend from 0.8124 had completed at 0.7501 already. Further rally to test 0.7729 would likely be seen next week,...
GBPUSD is facing the bullish support trend line once again. As long as the price is above the trend line, the price action from 1.3657 could be treated as consolidation of the uptrend from 1.1946 (Oct 7,...
EURUSD moved sideways in a trading range between 1.1554 and 1.2092 for several weeks. As long as 1.1554 key support holds, the sideways movement could be treated as consolidation of the uptrend from 1.0340 (Jan 3 low),...
