EURUSD rebounded strongly from 1.1257, suggesting that the downside movement from 1.1514 had completed. Further rally is still possible and next target would be at 1.1360, followed by 1.1400. Near term support is at 1.1300, below this...
USDCAD is facing 1.3329 resistance, a break of this level would indicate that the uptrend from 1.3068 has resumed, then next target would be at 1.3450 area. Near term support is at 1.3230, below this level could...
USDJPY broke above 110.16 resistance and extended its upside movement from 108.49 to as high as 110.50. Further rise could be expected in a couple of days and next target would be at 111.50 area. Key support...
AUDUSD remains in the downtrend from 0.7295, further decline is still possible in a couple of days and next target would be at 0.7000 area. Near term resistance is at 0.7120, a break of this level could...
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3217. Further decline is still possible in a couple of days and next target would be at 1.2750 area. Key...
EURUSD broke below 1.1289 support and extended its downside movement from 1.1514 to as low as 1.1267. Further decline is still possible after a minor consolidation and next target would be at 1.1200 area. Near term resistance...
USDCAD’s upside movement from 1.3068 extended to as high as 1.3329. Further rise is still possible after a minor consolidation and next target would be at 1.3450 area. Support is at 1.3230, a breakdown below this level...
USDJPY moved sideways in a narrow range between 109.55 and 110.16. As long as 109.55 support holds, the sideways movement could be treated as consolidation for the uptrend from 108.49, further rise to 111.00 area could be...
AUDUSD remains in the downtrend from 0.7295, the bounce from 0.7060 is likely consolidation for the downtrend. Further decline is still possible and next target would be at 0.7000 area. Near term resistance is at 0.7120, a...
GBPUSD extended its downside movement from 1.3217 to as low as 1.2853. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next...
