EURUSD moved sideways in a trading range between 1.0634 and 1.0705. As long as the pair is below 1.0705 resistance, the sideways movement could be treated as consolidation of the downtrend from 1.0905 and further decline to...
USDCAD’s bounce from 1.3264 extended to as high as 1.3455. The subsequent fall from 1.3455 is likely resumption of the downtrend from 1.3535. Deeper decline to test 1.3264 support is possible in a couple of days. Resistance...
USDJPY is facing 110.11 support, a breakdown below this level will indicate that the downtrend from 115.50 has resumed, then next target would be at 108.00 area. On the other side, as long as 110.11 support holds,...
AUDUSD broke below 0.7587 support, indicating that the downtrend from 0.7749 has resumed. Further decline would be expected and next target would be at 0.7500 area. Near term resistance is located at the descending trend line on...
GBPUSD broke below the support of the ascending trend line on 4-hours chart, indicating that the downtrend from 1.2615 has resumed. Further decline could be expected in a couple of days, and next target would be at...
EURUSD remains in downtrend from 1.0905, the rise from 1.0635 is likely consolidation of the downtrend. Resistance is at 1.0705, as long as this level holds, the downtrend could be expected to continue, and further decline to...
USDCAD moved sideways in a trading range between 1.3264 and 1.3414. The pair is now testing 1.3414 resistance, a break of this level will confirm that the downward movement from 1.3535 had completed at 1.3264 already, then...
USDJPY is forming a sideways consolidation in a range between 110.11 and 112.19. Resistance is at 112.19, a break of this level will confirm that the downtrend from 115.50 had completed at 110.11 already, then further rise...
AUDUSD is testing 0.7587 support, a breakdown below this level will indicate that the downtrend from 0.7749 has resumed, then deeper decline to 0.7500 area could be seen. On the upside, as long as 0.7587 support holds,...
GBPUSD is facing the support of the upward trend line on 4-hours chart. A clear break below the trend line support will indicate that the downtrend from 1.2615 has resumed, then further decline to 1.2200 area could...
