USDCAD moved sideways in a trading range between 1.2413 and 1.2778. Support is at 1.2413, a breakdown below this level will signal resumption of the downtrend from 1.3793, then next target would be at 1.2300, followed by...
USDJPY’s downside movement extended to as low as 108.60. Further decline to test 108.13 is still possible, a breakdown below this level could take price to 105.00 area. Resistance is now at 110.94, only a break of...
AUDUSD failed to break below the support of the bullish trend line on the daily chart and rebounded strongly from 0.7807, suggesting that the pair remains in the uptrend from 0.7328. As long as the price is...
GBPUSD broke below the bullish support trend line on its daily chart. Further decline to test 1.2589 key support is possible over the next several days. As long as this level holds, the fall from 1.3267 could...
EURUSD’s pullback from 1.1909 extended to as low as 1.1662. Deeper decline towards the bottom support trend line of the price channel on its daily chart is still possible in the coming days. However, as long as...
USDCAD moved above the bearish trend line on its daily chart, indicating that correction for the downtrend from 1.3793 is underway. Range trading between 1.2413 and 1.2900 would likely be seen over the next several weeks. Support...
USDJPY is facing 108.13 support once again. A breakdown below this level will indicate that the downtrend from 118.66 has resumed, then the following bearish movement could bring price to 105.00 area. On the upside, as long...
AUDUSD’s pullback from 0.8065 extended to as low as 0.7838, facing the support of the bullish trend line on its daily chart. As long as the price is above the trend line, the pullback could be treated...
GBPUSD remains in the uptrend from 1.1987, the pullback from 1.3267 is likely consolidation of the uptrend. Near term support is at the rising trend line on the daily chart. As long as the price is above...
EURUSD stays in a bullish price channel on its daily chart and remains in the uptrend from 1.0569. As long as the price is in the channel, the pullback from 1.1909 could be treated as consolidation of...
