USDCAD is now in the downtrend from 1.3382, the bounce from 1.3191 is likely consolidation for the downtrend. Further decline would likely be seen after the consolidation and next target would be at 1.3130 area. Near term...
USDJPY extended its upside movement from 104.44 to as high as 107.22, breaking above 107.08 resistance. Further rally is still possible in a couple of days and next target would be at 107.70 area. Near term support...
AUDUSD’s upside movement from 0.6687 extended to as high as 0.6829. Further rise is still possible after a minor consolidation and next target would be at 0.6900 area. Near term support is at 0.6800, below this level...
GBPUSD extended its upside movement from 1.1958 to as high as 1.2353, breaking above 1.2309 resistance. Further rally is still possible in a couple of days and next target would be at 1.2500 area. Near term support...
EURUSD extended its upside movement from 1.0925 to as high as 1.1084. As long as 1.1016 support holds, the upside movement could be expected to continue and next target would be at 1.1150 area. On the downside,...
USDCAD broke below 1.3224 support, indicating that the uptrend from 1.3015 had completed at 1.3382 already. Further decline could be expected over the next several days and next target would be at 1.3150 area. Near term resistance...
USDJPY failed to break below 105.58 support, suggesting that the pair remains in the uptrend from 104.44. Further rise could be expected in a couple of days and next target would be at 107.08 resistance. Near term...
AUDUSD extended its upside movement from 0.6687 to as high as 0.6824. Further rise could be expected after a minor consolidation and next target would be at 0.6880 area. Near term support is at 0.6790, below this...
GBPUSD broke above the resistance of the falling trend line on the 4-hour chart, indicating that the downside movement from 1.2309 had completed at 1.1958 already. Further rise is still possible and next target would be at...
EURUSD broke above the falling trend line on the 4-hour chart, indicating that the downside movement from 1.1164 had completed at 1.0925 already. Further rally could be expected after consolidation and next target would be at 1.1100...
