USDCAD broke above the key resistance at 1.2778, confirming that the downside movement from 1.3793 had completed at 1.2061 already. Further rise could be expected after a minor consolidation and next target would be at 1.3200 area....
USDJPY broke above the falling trend line from 115.50 to 114.49 on its daily chart. Further rise to test 115.50 resistance could be expected after a minor consolidation. Above this level will indicate that the downside movement...
AUDUSD extended its bearish movement from 0.8124 to as low as 0.7624. Further decline could be expected after a minor consolidation and next target would be at 0.7535. Resistance is at the bearish trend line on the...
GBPUSD is now facing the bullish support trend line from 1.2109 to 1.2774 on the daily chart. A clear break below the trend line support could take price to a key support level at 1.2774, below this...
EURUSD broke below 1.1662 key support, indicating that the bullish movement from 1.0340 had completed at 1.2092 already. Further decline could be expected and next target would be at the resistance-turned-support trend line on the weekly chart...
USDCAD’s bounce from 1.2061 extended to as high as 1.2630. Further rise to test 1.2778 resistance is possible next week. Above this level could indicate that the downtrend from 1.3793 had completed at 1.2061 already, then next...
USDJPY is facing the resistance trend line from 115.50 to 114.49 once again. Breakthrough the trend line resistance could trigger further upside movement towards 115.50. Above this level will confirm that the downside movement from 118.66 (Dec...
AUDUSD remains in the downtrend from 0.8124, the bounce from 0.7732 is likely correction of the downtrend. Further rally would likely be seen in the coming days and the target would be at 0.7986. However, the downtrend...
GBPUSD trades above a bullish trend line on the daily chart, suggesting that the pair remains in the uptrend from 1.1946 (Oct 2016 low). As long as the price is above the trend line, the upside movement...
EURUSD failed in its attempt to break below 1.1662 key support, indicating that the pair remains in the uptrend from 1.0340. As long as the price is above 1.1662 level, the price action in the trading range...
