USDCAD continued its sideways movement in a trading range between 1.3028 and 1.3079. The price action in the range is likely consolidation for the downtrend from 1.3104, further decline to 1.2950 area is possible after the consolidation....
USDJPY moved sideways in a narrow rang between 109.78 and 110.28. As long as 109.78 support holds, the sideways movement could be treated as consolidation for the uptrend from 107.65, further rise to 110.80 area is possible...
AUDUSD is facing 0.6848 support, a breakdown below this level could signal resumption of the downtrend from 0.7031, then next target would be at 0.6800 area. Near term resistance is at 0.6890, above this level could trigger...
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3284. Further decline could be expected and next target would be at 1.2800 area. Key resistance is at 1.3118, only...
EURUSD extended its downside movement from 1.1172 to as low as 1.1076, breaking below 1.1085 support. Further decline could be expected and next target would be at 1.1040 area. Near term resistance is at 1.1105, above this...
USDCAD failed to break below 1.3028 support and moved sideways in a trading range between 1.3028 and 1.3079. As long as 1.3079 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3104,...
USDJPY extended its upside movement from 107.65 to as high as 110.28. Key support is at 109.78, as long as this level holds, the upside movement could be expected to continue and next target would be at...
AUDUSD moved sideways in a trading range between 0.6848 and 0.6933. As long as 0.6933 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 0.7031, further decline to 0.6800...
After touching the top trend line of the price channel on the 4-hour chart, GBPUSD dropped sharply to 1.2995, suggesting that the pair remains in the downtrend from 1.3284. Further decline could be expected and next target...
EURUSD broke below the rising price channel on the 4-hour chart and extended its downside movement from 1.1172 to as low as 1.1086, facing the support level at 1.1085. Further decline would likely be seen and next...
