USDCAD remains in uptrend from 1.2968, the fall from 1.3534 is likely consolidation of the uptrend. Further rise is still possible after the consolidation, and next target would be at 1.3800 area. Support is at 1.3200, only...
USDJPY continued its downward movement from 115.50 and the fall extended to as low as 108.54. Near term resistance is at 110.00, as long as the pair is below this level, the downtrend could be expected to...
After touching 0.7490 support, AUDUSD rebounded to 0.7595, suggesting that the pair remains in uptrend from 0.7158, and the price action from 0.7740 could be treated as consolidation of the uptrend. Another rise to test 0.7778 resistance...
GBPUSD is forming a triangle pattern on daily chart. Resistance is at the upper trend line of the pattern, as long as this trend line resistance holds, sideways movement could be expected to continue and next target...
EURUSD remains in downtrend from 1.1616 (May 3, 2016 high), the price action from 1.0340 is likely consolidation of the downtrend. As long as the pair is in the descending price channel on daily chart, the downtrend...
USDCAD moved sideways in a trading range between 1.3264 and 1.3534. The sideways movement is likely consolidation of the short term uptrend from 1.2968 and further rise to 1.3800 area is possible after the consolidation. On the...
USDJPY stays below a descending trend line on daily chart and remains in downtrend from 118.66. As long as the pair is below the trend line, the downtrend could be expected to continue, and next target would...
AUDUSD is facing 0.7490 support, a breakdown below this level will indicate that the upward movement from 0.7158 had completed at 0.7749 already, then the following downward movement could bring price to 0.7000 area. On the upside,...
Under pressure by the downward trend line on daily chart, GBPUSD pulled back from 1.2615, indicating that lengthier sideways movement in the range between 1.1946 and 1.2774 is underway. Another fall to test 1.1946 support could be...
EURUSD stays in the descending price channel on daily chart and remains in downtrend from 1.1616 (May 3, 2016 high). Further decline could be expected over the next several weeks and next target would be at 1.0400...
