EURUSD broke below 1.1822 support, suggesting that the downtrend from 1.2413 has resumed. Further decline could be expected in a couple of days, and next target would be at 1.1700 area. Resistance levels are at 1.1900 and...
USDCAD is now in the downtrend from 1.2997, the bounce from 1.2728 is likely consolidation for the downtrend. Range trading between 1.2728 and 1.2850 would likely be seen in a couple of days. The downtrend could be...
USDJPY stays in a rising price channel on its 4-hour chart and remains in the uptrend from 104.63. As long as the channel support holds, the upside movement could be expected to resume and a breakout of...
AUDUSD broke above 0.7560 resistance, suggesting that the downside movement from 0.7813 had completed at 0.7412 already. Further rise is still possible after a corrective consolidation and next target would be at 0.7650 area. Support levels are...
GBPUSD continued its sideways movement in a trading range between 1.3459 and 1.3617. As long as 1.3617 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.4376 and another...
EURUSD extended its upside movement from 1.1822 to as high as 1.1996. As long as the price is in the rising channel on the 4-hour chart, the upside movement could be expected to continue and next target...
USDCAD broke below 1.2803 support, suggesting that the upside movement from 1.2526 had completed at 1.2997 already. Further decline could be expected after a corrective consolidation and next target would be at 1.2600 area. Resistance levels are...
USDJPY failed in its attempt to breakout of 110.03 and stayed in a trading range between 108.64 and 110.03, suggesting that lengthier consolidation for the uptrend from 104.63 is needed. Near term support is at the bottom...
AUDUSD is facing 0.7560 resistance. A breakout of this level would confirm that the downside movement from 0.7813 had completed at 0.7412 already, then next target would be at 0.7700 area. On the downside, as long as...
GBPUSD extended its downside movement from 1.4376 to as low as 1.3459. Key resistance is now at 1.3617. As long as this level holds, the sideways movement in a range between 1.3459 and 1.3617 could be treated...
