EURUSD extended its downside movement from 1.1746 to as low as 1.1516, breaking below 1.1530 support. Further decline could be expected in a couple of days and next target would be at 1.1400 area. Resistance is at...
USDCAD dropped sharply from 1.3119 after breaking above 1.3096 resistance, suggesting that the pair remains in the downtrend from 1.3289. Deeper decline to test 1.2961 support is possible and a breakdown below this level could trigger further...
USDJPY extended its downside movement from 112.15 to as low as 110.75. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and deeper...
AUDUSD is facing 0.7440 resistance, a breakout of this level could take the price to next resistance level at 0.7483. Near term support is at 0.7370, below this level could bring the price back towards 0.7310 previous...
GBPUSD extended its downside movement from 1.3213 to as low as 1.2851. Near term resistance is at 1.2975, as long as this level holds, the downside movement could be expected to continue and next target would be...
EURUSD is testing 1.1620 resistance. As long as this level holds, the downtrend from 1.1746 could be expected to resume and another fall towards 1.1500 is possible after the consolidation. On the upside, a clear break above...
USDCAD broke above 1.3039 resistance. Further rally is still possible and next target would be at 1.3096 key resistance, a breakout of this level would indicate that the downside movement from 1.3289 had completed at 1.2961 already,...
USDJPY stays below a falling trend line on its 4-hour chart. As long as the trend line resistance holds, the downside movement could be expected to continue and next target would be at 110.50 area. Only a...
AUDUSD’s bounce from 0.7348 extended to as high as 0.7439. Further rise is still possible in a couple of days and next target would be at 0.7483 resistance. Near term support is at the rising trend line...
GBPUSD remains in the downtrend from 1.3213. Near term resistance is at 1.3020, as long as this level holds, the downside movement could be expected to continue and next target would be at 1.2800 area. Only a...
