EURUSD’s downside movement from 1.1164 to as low as 1.1085. Further decline is still possible over the next several days and next target would be at 1.1050 support. Near term resistance is at 1.1115, above this level...
USDCAD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.3015 had completed at 1.3345 already. Deeper decline could be expected and next target would be at 1.3184 support. Resistance...
USDJPY bounced strongly from 104.44, however, the bounce would possibly be consolidation for the downtrend from 109.31, one more fall towards 104.00 is still possible after the consolidation. Key resistance is at 107.08, only break above this...
AUDUSD failed to break below 0.6677 support and moved sideways in a trading range between 0.6677 and 0.6821. Another rise towards 0.6800 would likely be seen in the coming days. As long as 0.6821 resistance holds, the...
GBPUSD broke below the rising price channel on the 4-hour chart, suggesting that the upside movement from 1.2014 had completed at 1.2293 already. Further decline would likely be seen and next target would be at 1.2060 area....
EURUSD remains in the uptrend from 1.1051, the pullback from 1.1164 is likely corrective consolidation for the uptrend. Another rise could be expected and next target would be at 1.1200 area. Near term support is at 1.1080,...
USDCAD moved sideways in a trading range between 1.3250 and 1.3344. As long as the price is above the rising trend line on the 4-hour chart, the sideways movement could be treated as consolidation for the uptrend...
USDJPY broke below 105.04 support, suggesting that the downtrend from 109.31 has resumed. Further decline is still possible and next target would be at 104.00 area. Near term resistance is at 105.45, above this level could trigger...
AUDUSD broke below 0.6735 support and extended its downside movement from 0.6821 to as low as 0.6688. Deeper decline to test 0.6677 support is still possible, a breakdown below could take the price to 0.6600 area. Resistance...
GBPUSD extended its upside movement from 1.2014 to as high as 1.2293. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...
