USDCAD extended its upside movement from 1.3205 to as high as 1.3347. Further rise is still possible after a minor consolidation and next target would be at 1.3400 area. Near term support is at 1.3305, below this...
USDJPY extended its downside movement from 108.47 to as low as 106.48, breaking below 106.95 support. Further decline could be expected after a minor consolidation and next target would be at 106.00 area. Near term resistance is...
AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downtrend from 0.6894 had completed at 0.6670 already. Further rally could be expected in the coming days and next target would be at...
GBPUSD broke above 1.2346 resistance, suggesting that the downside movement from 1.2581 had completed at 1.2205 already. Further rally could be expected in a couple of days and next target would be at 1.2500 area. Near term...
EURUSD broke above 1.0967 resistance, suggesting that the downside movement from 1.1109 had completed at 1.0879 already. Further rally could be expected in a couple of days and next target would be at 1.1030 area. Near term...
USDCAD broke above 1.3309 resistance, suggesting that the uptrend from 1.3133 has resumed. Further rise would likely be seen after a minor consolidation and next target would be at 1.3400 area. Near term support is at 1.3290,...
USDJPY is facing 106.95 support, a breakdown below this level could take the price to 106.00 area. Near term resistance is at 107.35, above here could trigger another rise towards 108.50.
AUDUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 0.6894. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
GBPUSD moved sideways in a narrow rang between 1.2205 and 1.2346. As long as 1.2346 resistance holds, the price action in the rang could be treated as consolidation for the downtrend from 1.2581, further decline to 1.2100...
EURUSD broke above the bearish price channel on the 4-hour chart, a break of 1.0967 resistance would confirm that the downside movement from 1.1109 had completed at 1.0879 already, then another rise towards 1.1050 could be seen....
