EURUSD extended its downside movement from 1.1285 to as low as 1.1101. Further decline is still possible and next target would be at 1.1050 area. Key resistance is at 1.1187, only break above this level could signal...
USDCAD broke above 1.3144 resistance, suggesting that the downtrend from 1.3432 had completed at 1.3015 already. Further rally could be expected in the coming days and next target would be at 1.3200 area. Near term support is...
USDJPY broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 108.99 had completed at 107.20 already. Further rally could be expected in the coming days and next target would be...
AUDUSD’s downside movement from 0.7081 extended to as low as 0.6985. Further decline could be expected after a minor consolidation and next target would be at 0.6950 area. Resistance is at 0.7020, only break above this level...
GBPUSD continued its sideways movement in a trading range between 1.2381 and 1.2578. Another fall to test 1.2380 support could be expected, a breakdown below this level could take the price to 1.2300 zone. Near term resistance...
EURUSD broke below 1.1193 support, suggesting that the downside movement from 1.1412 has resumed. Further decline could be expected after a minor consolidation and next target would be at 1.1100 area. Near term resistance is at 1.1170,...
USDCAD is facing 1.3144 resistance, a break of this level would indicate that the downside movement from 1.3432 had completed at 1.3015 already, then further rally to 1.3200 area could be seen. However, as long as 1.3144...
USDJPY is facing the resistance of the price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 107.20 could be treated as consolidation for the downtrend from 108.99, another fall towards...
AUDUSD broke below the rising price channel on the 4-hour chart, suggesting that the upside movement from 0.6910 had completed at 0.7081 already. Deeper decline could be expected over the next several days and next target would...
GBPUSD moved sideways in a trading range between 1.2381 and 1.2578. As long as 1.2578 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2783, further decline towards 1.2300 is still possible....
