USDCAD extended its upside movement from 1.2247 to as high as 1.2565, facing 1.2590 resistance. A breakout of this level will indicate that the downtrend from 1.2920 had completed at 1.2247 already, then further rise to 1.2750...
USDJPY dropped sharply from 110.48 to as low as 108.54, facing 108.28 support. A breakdown below this level will indicate that the downtrend from 113.38 has resumed, then next target would be at 107.31 support. Near term...
AUDUSD extended its downside movement from 0.8135 to as low as 0.7855. Further decline is still possible after a minor consolidation and next target would be at 0.7800 area. Resistance is at 0.7955, only break above this...
GBPUSD broke below 1.3979 support, suggesting that the uptrend from 1.3301 had completed at 1.4345 already. Deeper decline is still possible in a couple of days, and next target would be at 1.3800 area. Resistance is at...
EURUSD stays in a trading range between 1.2335 and 1.2537. The sideways movement is likely consolidation of the uptrend from 1.1717 (Dec 12, 2017 low). As long as 1.2335 support holds, the uptrend could be expected to...
USDCAD broke above the falling trend line on its 4-hour chart, suggesting that lengthier consolidation for the downtrend from 1.2920 is underway. Further rally would likely be seen and the target would be at 1.2500 area. Near...
USDJPY broke above 109.77 resistance. Further rise would likely be seen and next target would be at 111.00, followed by 111.48. Near term support levels are at 109.50 and 109.20. Only break below these levels could bring...
AUDUSD broke below 0.7956 support, confirming that the upside movement from 0.7501 had completed at 0.8135 already. Further decline could be expected after a minor consolidation and next target would be at 0.7800 area. Near term resistance...
GBPUSD continued its sideways movement in a trading range between 1.3979 and 1.4345. As long as the price is above 1.3979, the sideways movement could be treated as consolidation of the uptrend from 1.3301 and another rise...
EURUSD failed to break above 1.2537 resistance and stayed in the trading range between 1.2335 and 1.2537. As long as 1.2335 support holds, the price action in the range could be treated as consolidation of the uptrend...
