USDCAD failed to break above 1.3598 resistance and pulled back from 1.3534. Deeper decline would likely be seen in a couple of weeks, and next target would be at 1.3100 area. Resistance is now at 1.3534, only...
USDJPY failed to break above 115.62 resistance and continued its sideways movement in a range between 111.58 and 115.62. Deeper decline to test 111.58 support would likely be seen next week. A break of this level will...
AUDUSD is facing 0.7740 resistance. A break of this level will signal resumption of the uptrend from 0.7158, then next target would be at 0.8000 area. Support is now at 0.7490, only break below this level will...
Being contained by the 1.1946 support, GBPUSD rebounded from 1.2109, indicating that lengthier sideways movement is a range between 1.1946 and 1.2774 is underway. Another rise to test 1.2774 resistance would likely be seen, as long as...
EURUSD is facing the resistance of the descending price channel on daily chart. As long as the pair stays in the channel, the price action from 1.0340 could be treated as consolidation of the downtrend from 1.1616...
USDCAD remains in uptrend from 1.2460 (May 3, 2016 low). The price action from 1.3598 is likely consolidation of the uptrend. Further rise could be expected after the consolidation and next target would be at 1.4000 area....
USDJPY is facing the 115.62 resistance. A break of this level will indicate that the downtrend from 118.66 had completed at 111.58 already, then the following upward movement could bring price to 120.00 zone. On the other...
Being contained by 0.7778 resistance, AUDUSD pulled back from 0.7740. The pair is now in downtrend. Further decline could be expected and next target would be at 0.7100 area. Resistance is at 0.7740, only break above this...
GBPUSD continued its sideways movement in a trading range between 1.1946 and 1.2774. As long as 1.2774 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.5016, and further decline to 1.1500...
EURUSD stays in the descending price channel on daily chart and remains in downtrend from 1.1616 (May 3, 2016 high). As long as the channel resistance holds, the price action from 1.0340 could be treated as consolidation...
