USDCAD dropped sharply to 1.3180 area, breaking below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.3041 had completed at 1.3327 already. Further decline could be expected after a minor consolidation...
USDJPY broke above 108.85 resistance, suggesting that the downside movement from 109.72 had completed at 108.42 already. Further rally could be expected in the coming days and next target would be at 109.50 area. Support is located...
AUDUSD remains in the uptrend from 0.6754, the pullback from 0.6861 is likely consolidation for the uptrend. As long as 0.6800 support holds, the upside movement could be expected to resume, and further rise to 0.6900 area...
GBPUSD extended its upside movement from 1.2822 to as high as 1.3120. Further rise would likely be seen after a minor consolidation and next target would be at 1.3200 area. Near term support is at 1.3050, below...
EURUSD extended its upside movement from 1.0981 to as high as 1.1116, breaking above 1.1097 resistance. Near term support is at 1.1065, as long as this level holds, the upside movement could be expected to continue and...
USDCAD failed to break above 1.3327 resistance and stays in a trading range between 1.3254 and 1.3327. As long as the price is above the bullish trend line on the 4-hour chart, the price action in the...
USDJPY extended its downside movement from 109.72 to as low as 108.48. Deeper decline to test 108.23 support is still possible. Near term resistance is at 108.85, a break of this level could trigger another upside movement...
AUDUSD extended its upside movement from 0.6754 to as high as 0.6861. As long as 0.6800 support holds, the upside movement could be expected to continue and next target would be at 0.6900 area. On the downside,...
GBPUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2822. As long as the trend line support holds, the upside movement could be expected to continue and next target...
EURUSD is facing 1.1097 resistance, a breakout of this level could trigger further upside movement to 1.1150 area. Near term support is at 1.1060, below this level would indicate that the upside movement from 1.0981 is complete,...
