USDCAD extended its upside movement from 1.2450 to as high as 1.2757, breaking above 1.2688 resistance. Further rise could be expected in the coming days, and next target would be at 1.2800 area. Support is at 1.2650,...
USDJPY remains in the downtrend from 113.75 (Dec 12, 2017 low), the bounce from 105.54 is likely consolidation for the downtrend. Near term resistance is at the top trend line of the price channel on the 4-hour...
AUDUSD is now in the downtrend from 0.7988, the bounce from 0.7790 is likely consolidation for the downtrend. Further decline would likely be seen after the consolidation and next target would be at 0.7759 support. Resistance is...
GBPUSD’s downside movement from 1.4144 extended to as low as 1.3856. Further decline is still possible after a minor consolidation and next target would be at 1.3764 support. Near term resistance is at 1.4020, a breakout of...
EURUSD extended its downside movement from 1.2555 to as low as 1.2259. Near term resistance is at 1.2365. As long as this level holds, the downside movement could be expected to continue and further decline to test...
USDCAD’s bounce from 1.2450 extended to as high as 1.2592. Further rise is still possible and next target would be at 1.2630 area. Near term support is at 1.2525, a breakdown below this level could bring price...
USDJPY stays in a falling price channel on its 4-hour chart and remains in the downtrend from 110.48. As long as the channel resistance holds, the bounce from 105.54 could be treated as consolidation for the downtrend...
AUDUSD remains in the uptrend from 0.7759, the fall from 0.7988 is likely correction for the uptrend. Near term support is at 0.7865, as long as this level holds, the uptrend could be expected to resume and...
GBPUSD is now in uptrend from 1.3764, the fall from 1.4144 is likely correction for the uptrend. Near term support is at 1.3935, as long as this level holds, the uptrend could be expected to resume and...
EURUSD is facing the support of the bullish trend line on its 4-hour chart. As long as the trend line support holds, the fall from 1.2555 could be treated as correction for the uptrend from 1.2205, and...
