USDCAD is testing 1.2916 (Oct 27 high) resistance. A breakout above this level could take price to 1.3100 area. Support is at 1.2800, below this level could bring price back towards 1.2713 support. A breakdown below this...
USDJPY remains in the downtrend from 113.75, the bounce from 112.03 could be treated as consolidation of the downtrend. Resistance is at 113.00, as long as this level holds, the downtrend could be expected to continue and...
No changed in our view, AUDUSD remains in the uptrend from 0.7501, the pullback from 0.7694 could be treated as consolidation of the uptrend. Range trading between 0.7580 and 0.7694 would likely be seen in a couple...
GBPUSD moved sideways in a trading range between 1.3301 and 1.3466. The sideways movement is likely consolidation of the downtrend from 1.3549. As long as 1.3466 resistance holds, the downtrend could be expected to resume, and a...
EURUSD moved sideways in a trading range between 1.1717 and 1.1862. As long as 1.1862 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.1961, and further decline could be expected after...
USDCAD is facing 1.2916 resistance once again. A breakout of this level could trigger further upside movement towards 1.3100. Near term support is at 1.2800, a breakdown below this level could bring price back to next support...
USDJPY is now in downtrend from 113.75, the bounce from 112.03 is likely consolidation of the downtrend. A breakdown below 112.03 level could trigger further downside movement towards 110.84. Near term resistance is at 113.00, only break...
AUDUSD remains in the uptrend from 0.7501, the fall from 0.7694 is likely consolidation of the uptrend. Range trading between 0.7580 and 0.7694 is possible in a couple of days. The uptrend could be expected to resume...
GBPUSD extended its downside movement from 1.3549 to as low as 1.3301. Further decline would likely be seen and next target would be at 1.3220. Below this level could take price to test 1.3027 (Oct 6 low)...
EURUSD remains in the downtrend from 1.1961, the price action from 1.1717 is likely consolidation of the downtrend. A breakdown below 1.1712 support will indicate that the downtrend has resumed, then next target would be at 1.1660,...
