EURUSD is testing 1.1193 support, a breakdown below this level could trigger further downside movement towards 1.1140. Near term resistance is at 1.1230, above this level could bring the price back towards 1.1285 resistance.
USDCAD moved sideways in a trading range between 1.3015 and 1.3144. As long as 1.3144 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3432, further decline to 1.2950 area is still...
USDJPY stays in a falling price channel on the 4-hour chart and remains in the downtrend from 108.99. As long as the channel resistance holds, the bounce from 107.20 could be treated as consolidation for the downtrend,...
AUDUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 0.6910. As long as the channel support holds, the pullback from 0.7081 could be treated as consolidation for the uptrend,...
GBPUSD failed to break above 1.2578 resistance and pulled back from 1.2558. However, another rise to retest this level is possible, a breakout could take the price to 1.2700 area. Near term support is at 1.2470, below...
EURUSD is facing 1.1193 support once again. A breakdown below this level could signal resumption of the downtrend from 1.1412, then next target would be at 1.1140 area. Near term resistance is at 1.1230, above this level...
USDCAD broke below 1.3017 support, suggesting that the downtrend from 1.3432 has resumed. Further decline could be expected and next target would be at 1.2950 area. Near term resistance is at 1.3050, above this level could bring...
USDJPY extended its downside movement from 108.99 to as low as 107.20. Further decline is still possible in a couple of days and next target would be at 106.77 support. Near term resistance is at 107.70, above...
AUDUSD broke above 0.7047 resistance and extended its upside movement from 0.6910 to as high as 0.7081. Further rise could be expected after a minor consolidation and next target would be at 0.7150 area. Support is located...
GBPUSD is facing 1.2578 resistance, a break of this level would confirm that the downside movement from 1.2783 had completed at 1.2381 already, then further rise to 1.2650 area could be seen. Near term support is at...
