USDCAD is now in the downtrend from 1.2688, the bounce from 1.2450 is likely consolidation for the downtrend. Further decline is still possible after the consolidation and a breakdown below 1.2450 support could take price to 1.2300...
USDJPY extended its downside movement from 110.48 to as low as 105.54. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...
AUDUSD is now in the uptrend from 0.7759, the fall from 0.7988 could be treated as consolidation of the uptrend. Support levels are at 0.7890 and 0.7865. As long as these levels hold, the uptrend could be...
GBPUSD broke above 1.4066 resistance, confirming that the downside movement from 1.4345 had completed at 1.3764 already. Further rally would likely be seen in the coming days, and next target would be at 1.4300 area. Support levels...
EURUSD remains in the uptrend from 1.2205, the fall from 1.2555 is likely correction for the uptrend. As long as the price is above the bullish trend line on the 4-hour chart, the uptrend could be expected...
USDCAD broke below 1.2489 support, suggesting that the upside movement from 1.2247 had completed at 1.2688 already. Further decline would likely be seen in a couple of days and next target would be at 1.2400 area. Resistance...
USDJPY’s downside movement from 110.48 extended to as low as 106.42, breaking below 107.31 (Sep 8, 2017 low) support. Further decline would likely be seen after a minor consolidation and next target would be at 105.00 area....
AUDUSD broke above 0.7910 resistance. Further rally would likely be seen and next target would be at 0.8000 area. Near term support is at 0.7860, only a breakdown below this level could bring price back to test...
GBPUSD is facing 1.4066 resistance. A breakout of this level would suggest that the downside movement from 1.4345 had completed at 1.3764 already, then further rise towards 1.4345 resistance could be seen. On the downside, as long...
EURUSD’s upside movement from 1.2205 extended to as high as 1.2473. Further rise to test 1.2537 resistance would likely be seen after a minor consolidation. Near term support is at 1.2400, only a breakdown below this level...
