USDCAD broke below 1.2835 support, indicating that the short term uptrend from 1.2623 had completed at 1.2920 already. Deeper decline towards 1.2713 support could be expected in the coming days. A breakdown below this level could trigger...
USDJPY is now facing 113.75 resistance. A breakout of this level could trigger further upside movement towards 114.73. Support level are at 112.75 and 112.03, only break below these levels could take price back towards 110.84.
AUDUSD continued its sideways movement in a trading range between 0.7635 and 0.7694. The sideways movement is likely consolidation of the uptrend from 0.7501 and a breakout of 0.7694 could take price to 0.7800 area. On the...
GBPUSD stays in a trading range between 1.3301 and 1.3466. The price action in the range is likely consolidation of the downtrend from 1.3549 and another fall could be expected after the consolidation. Near term support is...
EURUSD broke above 1.1862 resistance, indicating that the downside movement from 1.1961 had completed at 1.1717 already. Further rise could be expected and next target would be at 1.1961 resistance. A breakout of this level would aim...
USDCAD pulled back from 1.2920 after touching 1.2916 (Oct 27 high) resistance. Near term support is at 1.2835, a breakdown below this level will indicate that lengthier sideways movement in the trading range between 1.2623 and 1.2920...
USDJPY broke above 113.00 resistance, indicating that the short term downtrend from 113.75 had completed at 112.03 already. Further rally would likely be seen and next target would be at 113.75 resistance. Near term support is at...
AUDUSD moved sideways in a narrow range between 0.7635 and 0.7694. As long as 0.7635 support holds, the sideways movement could be treated as consolidation of the uptrend from 0.7501 and a breakout of 0.7694 resistance could...
GBPUSD continued its sideways movement in a trading range between 1.3301 and 1.3466. As long as 1.3466 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.3549, and further decline is till...
EURUSD is facing 1.1862 resistance. A breakout of this level could indicate that the downside movement from 1.1961 had completed at 1.1717 already, then the following upside movement could take price to next resistance level at 1.1961....
