USDCAD stays below a bearish trend line on its daily chart and remains in the downtrend from 1.3793. As long as the trend line resistance holds, the downtrend could be expected to continue and further decline to...
USDJPY failed to break above 115.50 again. Indicating that lengthier sideways movement in a range between 108.00 and 115.50 is underway. Another fall to test 108.13 support could be expected in a couple of weeks. Near term...
AUDUSD extended its bullish movement to as high as 0.7989. Now the pair is facing the resistance of the bearish price channel on its monthly chart at around 0.7900. A clear break above the channel resistance could...
GBPUSD broke above 1.3047 resistance and is now in uptrend from 1.2589. As long as 1.2811 support holds, the uptrend could be expected to continue and next target would be at 1.3500 area. On the downside, a...
EURUSD broke above 1.1450 key resistance and reached as high as 1.1682, confirming the double bottom pattern on the weekly chart. As long as the pair is above the rising trend line on the daily chart, the...
USDCAD continued its bearish movement from 1.3793 and the fall extended to as low as 1.2639. Resistance is located at the descending trend line on its daily chart. As long the pair is below the trend line,...
After touching 114.36 resistance, USDJPY pulled back from 114.49, indicating that a short term top had been formed, and lengthier sideways movement in a range between 108.13 and 114.49 is underway. Deeper decline could be expected in...
AUDUSD continued its bullish movement from 0.7328 and the rise extended to as high as 0.7834. Further rise is still possible after a minor consolidation and next target would be at 0.8000 area. Support is now located...
GBPUSD broke above 1.3047 resistance, indicating that the uptrend from 1.1987 has resumed. Further rise could be expected in a couple of weeks and next target would be at 1.3500 area. Support is at 1.2811, only a...
EURUSD is testing the key resistance at 1.1450. A clear break above this level will confirm the double bottom pattern on the weekly chart, then the following long term bullish movement could bring price into 1.2700 zone....
