USDCAD is forming a sideways consolidation in a trading range between 1.2355 and 1.2590. As long as 1.2590 resistance holds, the downtrend from 1.2920 could be expected to resume and further fall towards 1.2200 area is still...
USDJPY continued its sideways movement in a trading range between 110.19 and 111.48. The sideways move is likely consolidation of the downtrend from 113.38. Further decline is still possible after the consolidation and next target would be...
AUDUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 0.7501. As long as the price is above the trend line, the upside movement could be expected to continue and...
GBPUSD’s bullish movement from 1.3458 extended to as high as 1.4002. Further rise is still possible after a minor consolidation and next target would be at 1.4200 area. Near term support is located at the bullish trend...
EURUSD continued its sideways movement in a trading range between 1.2165 and 1.2323. As long as 1.2165 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.1915 and further rise towards 1.2400...
USDCAD failed to break below 1.2355 support and stayed in a trading range between 1.2355 and 1.2590. The sideways movement is likely consolidation of the downtrend from 1.2920. As long as 1.2590 resistance holds, the downside movement...
USDJPY moved sideways in a trading range between 110.19 and 111.48. As long as 111.48 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 113.75, and a breakdown below 110.19 support could...
AUDUSD’s upside movement from 0.7501 extended to as high as 0.8038. Further rise is still possible and next target would be at 0.8124 resistance. Near term support is at 0.7936, followed by the bullish trend line on...
GBPUSD extended its upside movement from 1.3458 to as high as 1.3945. The key support is at 1.3741, as long as this level holds, the uptrend could be expected to continue and next target would be at...
EURUSD moved sideways in a trading range between 1.2165 and 1.2323. The price action in the range could be treated as consolidation of the uptrend from 1.1717. A breakdown below 1.2165 support could trigger further downside movement...
