USDCAD extended its downside movement from 1.3328 to as low as 1.3235, breaking below 1.3262 support. Further decline would likely be seen and next target would be at 1.3200 area. Near term resistance is at 1.3270, a...
USDJPY extended its upside movement from 108.30 to as high as 110.13. Further rise could be expected and next target would be at 110.50 area. Support is at 109.53, a breakdown below this level could bring the...
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7031. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
GBPUSD is facing the resistance of the falling price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.2871 could be treated as consolidation for the downtrend from 1.3209, further decline...
EURUSD’s downside movement from 1.1095 extended to as low as 1.0865. Key resistance is at 1.0925, as long as this level holds, the downside movement could be expected to continue and next target would be at 1.0800...
USDCAD pulled back from 1.3328, breaking below the rising trend line on the 4-hour chart. Deeper decline to test 1.3262 support would likely be seen, a breakdown below this level would indicate that the upside movement from...
USDJPY continued its sideways movement in a trading range between 109.53 and 110.02. As long as 109.53 support holds, the sideways movement could be treated as consolidation for the uptrend from 108.30, a breakout of 110.02 resistance...
AUDUSD extended its upside movement from 1.6661 to as high as 0.6737, breaking above 0.6710 resistance. Further rise would likely be seen and next target would be at 0.6760 area. Near term support is at 0.6695, a...
GBPUSD stays in a falling price channel on the 4-hour chart and remains in downtrend from 1.3209. As long as the channel resistance holds, the bounce from 1.2871 could be treated as consolidation for the downtrend, and...
EURUSD extended its downside movement from 1.1095 to as low as 1.0891. Further decline is still possible after a minor consolidation and next target would be at 1.0850 area. Near term resistance is at 1.0940, a breakout...
