USDCAD is facing the resistance of the bearish trend line on its daily chart. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would be at around 1.2280....
USDJPY moved sideways in a trading range between 108.13 and 115.50 for several months. As long as 108.13 key support holds, the sideways movement could be expected to continue and another rise to retest 115.50 resistance is...
AUDUSD stays above a bullish trend line on its daily chart and remains in the uptrend from 0.7328. Near term support is at 0.7875, as long as this level holds, the uptrend could be expected to continue...
GBPUSD stays above the ascending trend line on its daily chart remains in the uptrend from 1.1987. As long as the price is above the trend line the pullback from 1.3267 could be treated as consolidation of...
EURUSD pulled back from 1.1909 after touching the top resistance trend line of the price channel on its daily chart, suggesting that consolidation for the bullish movement from 1.0569 is underway. Range trading between 1.1600 and 1.1909...
USDCAD extended its bearish movement from 1.3793 to as low as 1.2413, and broke below 1.2460 (the May 2016 low) support, suggesting that the long term downtrend from 1.4689 (Jan 20, 2016 high) has resumed. Further decline...
USDJPY formed sideways movement in a trading range between 108.13 and 115.50 for several months. Another fall to retest 108.13 support would likely be seen, and a breakdown below this level signal resumption of the downtrend from...
AUDUSD’s bullish movement from 0.7328 extended to as high as 0.8065. Near term support is at 0.7875, as long as the price is above this level, the bullish movement could be expected to continue and next target...
GBPUSD’s upside movement from 1.2589 extended to as high as 1.3158. Further rise could be expected and next target would be at 1.3500 area. Near term support is at 1.2811, only a breakdown below this level could...
EURUSD extended its bullish movement from 1.0569 to as high as 1.1776. As long as the pair is above the bullish trend line on the daily chart, the uptrend could be expected to continue and next target...
