USDCAD is in uptrend from 1.2247, the fall from 1.2688 is likely correction of the uptrend. Support levels are at 1.2489 and 1.2400. As long as these levels hold, the uptrend could be expected to resume, and...
USDJPY broke below 108.28 support, suggesting that the downside movement from 113.75 (Dec 12, 2017 low) has resumed. Further decline is still possible and next target would be at 107.31 (Sep 8, 2017 low) support. Near term...
AUDUSD broke above the top trend line of the price channel on the 4-hour chart, suggesting that the downside movement from 0.8135 had completed at 0.7759 already. Further rise would likely be seen and next target would...
GBPUSD extended its downside movement from 1.4345 to as low as 1.3764. Further decline would likely be seen and next target would be at 1.3600 area. Resistance is at 1.4066, only break above this level could signal...
EURUSD is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the downtrend could be expected to continue and further decline to test 1.2165 support is...
USDCAD extended its upside movement from 1.2247 to as high as 1.2614, breaking above 1.2590 resistance. Near term support is at 1.2489. As long as this level holds, the uptrend could be expected to continue and next...
USDJPY moved sideways in a trading range between 108.28 and 110.48. The sideways move is likely consolidation of the downtrend from 113.75 (Dec 12, 2017 low). As long as 110.48 resistance holds, the downtrend could be expected...
AUDUSD’s downside movement from 0.8135 extended to as low as 0.7759. Further decline is still possible after a minor consolidation and next target would be at 0.7700 area. Near term resistance is at the top trend line...
GBPUSD remains in the downtrend from 1.4345, the bounce from 1.3836 is likely consolidation of the downtrend. Further decline towards 1.3600 is still possible after the consolidation. Near term support is at 1.3836, a breakdown below this...
EURUSD extended its downside movement from 1.2523 to as low as 1.2212. As long as the price is below the trend line on the 4-hour chart, the downside movement could be expected to continue and next target...
