EURUSD rebounded strongly after touching 1.2165 support, facing the resistance of the falling price channel on its 4-hour chart. As long as the price is in the channel, the bounce could be treated as consolidation for the...
USDCAD extended its upside movement from 1.2450 to as high as 1.2848. Further rise is still possible after a minor consolidation and next target would be at 1.2900 area. Support is located at the bullish trend line...
USDJPY is in consolidation for the downtrend from 113.75 (Dec 12, 2017 low). Sideways movement in a trading range between 105.54 and 107.90 would likely be seen over the next several days. As long as 107.90 resistance...
AUDUSD extended its downside movement from 0.7988 to as low as 0.7717. Further decline is still possible and next target would be at 0.7600 area. Near term resistance is located at the falling trend line on the...
GBPUSD continued its downside movement from 1.4144 and the fall extended to as low as 1.3742, breaking below 1.3764 major support. Further decline could be expected over the next several days and next target would be at...
EURUSD extended its downside movement from 1.2555 to as low as 1.2183, facing the support level at 1.2165. Further decline would likely be seen and a breakdown below 1.2165 support could take price to 1.2000 area. Near...
USDCAD broke above 1.2757 resistance, suggesting that the upside movement from 1.2450 has resumed. Further rise could be expected and next target would be at 1.2850 area. Key support is now at 1.2614, only a breakdown below...
USDJPY broke above the top trend line of the price channel on the 4-hour chart, indicating that lengthier consolidation for the downtrend from 113.75 (Dec 12, 2017 low) is needed. Range trading between 105.54 and 107.90 would...
AUDUSD broke below 0.7790 support, indicating that the downtrend from 0.7988 has resumed. Further decline would likely be seen in the coming days and next target would be at 0.7700 area. Near term resistance is at 0.7830,...
GBPUSD is facing 1.3856 support. A breakdown below this level would indicate that the downtrend from 1.4144 has resumed, then deeper decline to test 1.3764 support could be seen. Below this level could trigger further downside movement...
