USDCAD broke below 1.2700 support and extended its downside movement from 1.2916 to as low as 1.2666, facing the support of the bullish trend line on the daily chart. Near term resistance is at the falling trend...
USDJPY is facing 112.95 support, a breakdown below this level could trigger further downside movement to 112.30 area. On the upside, as long as 112.95 support holds, the price action from 114.45 could be treated as consolidation...
AUDUSD moved sideways without trend in a trading range between 0.7624 and 0.7729. As long as the price is below 0.7729, the sideways movement could be treated as consolidation of the downtrend from 0.7897 and further decline...
GBPUSD moved sideways in a trading range between 1.3027 and 1.3337 for several weeks. As long as 1.3337 key resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3657,...
EURUSD broke above 1.1625 resistance and extended its bounce from 1.1554 to as high as 1.1654. Further rise to test 1.1690 resistance is possible. As long as this level holds, the price action in the trading range...
USDCAD is now facing 1.2700 support, a breakdown below this level could signal resumption of the short term downtrend from 1.2916, then next target would be at the bullish trend line on the daily chart. Near term...
USDJPY continued its sideways movement in a trading range between 112.95 and 114.73. As long as 112.95 support holds, the price action in the range could be treated as consolidation of the uptrend from 111.65 and further...
AUDUSD failed to break below 0.7624 support and stayed in a trading range between 0.7624 and 0.7729. The range trading could be expected to continue in a couple of days and a break of 0.7685 level could...
GBPUSD stays in a trading range between 1.3027 and 1.3337. Near term resistance is at 1.3180, a breakout of this level could trigger another rise towards 1.3337 key resistance. As long as 1.3337 resistance holds, the price...
EURUSD remains in the downtrend from 1.1879. Further decline would likely be seen after a minor consolidation and next target would be at 1.1400 area. Near term resistance is at 1.1625, followed by 1.1690, only break above...
