USDCAD broke above the top trend line of the price channel on its daily chart. Further rise towards 1.2778 key resistance could be expected in a couple of weeks, a breakout of this level would confirm that...
USDJPY extended its bullish movement from 107.31 to as high as 113.25. Further rise to test 115.50 key resistance could be expected in a couple of weeks. Near term support is at 111.00, only a breakdown below...
AUDUSD broke below 0.7807 key support, indicating that the upside movement from 0.7328 had completed at 0.8124 already. Further decline could be expected and next target would be at the resistance-turned-support trend line on the weekly chart...
GBPUSD failed its attempt to breakout of the bearish trend line on its weekly chart and pulled back from 1.3657. However, the pair is above a bullish trend line on its daily chart, indicating that the price...
EURUSD broke below the rising price channel on its daily chart, indicating that consolidation for the uptrend from 1.0340 is underway. Range trading between 1.1662 and 1.2092 would likely be seen in a couple of weeks. As...
USDCAD’s bounce from 1.2061 extended to as high as 1.2390. Further rally is still possible next week and next target would be at the top trend line of the price channel on the daily chart now at...
USDJPY’s bounce from 107.31 extended to as high as 112.71. Near term support is at 110.70, as long as this level holds, further rise to retest 115.50 key resistance is still possible. On the downside, a break...
AUDUSD broke below the bullish support trend line on its daily chart, suggesting that lengthier consolidation for the uptrend from 0.7328 is underway. Range trading between 0.7807 and 0.8124 would likely be seen in a couple of...
GBPUSD is now facing a long term bearish trend line on its weekly chart. An upside break through the trend line could take price to next resistance level at 1.3950 which would be the final target of...
EURUSD stays in a rising price channel on its daily chart and remains in the uptrend from 1.0569. As long as the price is in the channel, the sideways movement in a trading range between 1.1823 and...
