EURUSD broke above 1.1250 resistance, suggesting that the downside movement from 1.1419 had completed at 1.1176 already. Further rally could be expected in the coming days and next target would be at 1.1300 area. Support is at...
USDCAD broke below 1.3413 support, suggesting that consolidation for the uptrend from 1.3112 is underway. Range trading between 1.3345 and 1.3467 would likely be seen in a couple of days. As long as 1.3345 support holds, the...
USDJPY broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 108.49 had completed at 112.13 already. Deeper decline is possible in the coming days and next target would be at...
AUDUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 0.7198. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
GBPUSD extended its downside movement from 1.3350 to as low as 1.2960. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...
EURUSD remains in the downtrend from 1.1419, the bounce from 1.1176 is likely consolidation for the downtrend. As long as 1.1250 resistance holds, the downside movement could be expected to continue and next target would be at...
USDCAD remains in the uptrend from 1.3112. As long as 1.3413 support holds, the upside movement could be expected to continue and next target would be at 1.3500 area. On the downside, a breakdown below 1.3413 support...
USDJPY stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 108.49. As long as the trend line support holds, the fall from 112.13 could be treated as consolidation for the...
AUDUSD extended its downside movement from 0.7198 to as low as 0.7004. As long as 0.7051 resistance holds, the downside movement could be expected to continue and next target would be at 0.6950 area. Only a break...
GBPUSD’s downside movement from 1.3350 extended to as low as 1.3067. Key resistance is now at 1.3184. As long as this level holds, the downside movement could be expected to continue and next target would be at...
