EURUSD failed to break above 1.1285 resistance and stayed in a trading range between 1.1193 and 1.1285. As long as 1.1285 resistance holds, the price action in the range could be treated as consolidation for the downtrend...
USDCAD moved sideways in a trading range between 1.3017 and 1.3144. As long as 1.3144 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.3432, a breakdown below 1.3017...
USDJPY broke below 107.79 support, suggesting that the downside movement from 108.99 has resumed. Further decline could be expected over the next several days and next target would be at 107.30 area. Resistance is at 108.00, a...
AUDUSD is in consolidation for the uptrend from 0.6910. Range trading between 0.6975 and 0.7047 would likely be seen over the next several days. Another rise to test 0.7047 is possible, a break of this level could...
GBPUSD remains in the downtrend from 1.2578, the bounce from 1.2381 is likely consolidation for the downtrend. Further decline could be expected after the consolidation, a breakdown below 1.2381 support could take the price to 1.2300 area....
EURUSD failed to break below 1.1193 support and rebounded from 1.1199, suggesting that the fall from 1.1285 had completed. Further rally would likely be seen over the next several days and next target would be at 1.1285...
USDCAD broke above 1.3080 resistance, suggesting that lengthier consolidation for the downtrend from 1.3432 is needed. Further rally could be expected in the coming days and the target would be at 1.3144 resistance.
USDJPY remains in the downtrend from 108.99, the bounce from 107.79 is likely consolidation for the downtrend. Further decline could be expected after the consolidation, a breakdown below 107.79 support could take the price to 107.30 area.
AUDUSD failed to break above 0.7047 resistance and pulled back from 0.7044. Range trading between 0.6975 and 0.7047 would likely be seen over the next several days. As long as 0.6975 support holds, the upside movement from...
GBPUSD broke below 1.2439 support, suggesting that the downside movement from 1.2783 has resumed. Further decline could be expected over the next several days and next target would be at 1.2350 area. Near term resistance is at...
