USDCAD stays below a falling trend line on the 4-hour and remains in the downtrend from 1.3327. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would be...
USDJPY extended its downside movement from 109.70 to as low as 107.99, breaking below 108.42 support. Further decline could be expected in a couple of days and next target would be at 107.50 area. Key resistance is...
AUDUSD broke below 0.6990 support, suggesting that the upside movement from 0.6838 had completed at 0.7031 already. Further decline could be expected after a minor consolidation and the target would be at the rising trend line on...
GBPUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.2905 had completed at 1.3284 already. Further decline could be expected in a couple of days and next target would...
EURUSD broke below 1.1180 support, suggesting that the upside movement from 1.1066 had completed at 1.1239 already. Deeper decline would likely be seen in a couple of days and the target would be at the rising trend...
USDCAD extended its downside movement from 1.3327 to as low as 1.2951. Further decline could be expected after a minor consolidation and next target would be at 1.2900 area. Near term resistance is at 1.3000, above this...
USDJPY is facing 108.42 support, a breakdown below this level could trigger further downside movement towards 107.50 area. Near term resistance is at 108.80, above this level could bring the price back to 109.30 area.
AUDUSD’s upside movement from 0.6838 extended to as high as 0.7031. Further rise is still possible after a minor consolidation and next target would be at 0.7070 area. Near term support is at 0.6990, a breakdown below...
GBPUSD extended its upside movement from 1.2905 to as high as 1.3284. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
EURUSD extended its upside movement from 1.1066 to as high as 1.1239, breaking above 1.1199 resistance. Further rise is still possible after a minor consolidation and next target would be at 1.1280 area. Near term support is...
