USDJPY remains in the downtrend from 111.71, the price action from 104.18 is likely consolidation for the downtrend. As long as the price is below the falling trend line on the daily chart, the downside movement could...
AUDUSD broke below the rising price channel on the daily chart, suggesting that the upside movement from 0.5507 had completed at 0.7413 already. Further decline could be expected in a couple of weeks and next target would...
GBPUSD broke below the bottom of the rising price channel on the daily chart, suggesting that the upside movement from 1.1409 had completed at 1.3482 already. Deeper decline would likely be seen in the coming days and...
EURUSD broke below 1.1695 support, suggesting that the upside movement from 1.0635 had completed at 1.2010 already. Deeper decline would likely be seen and next target would be at 1.1500, followed by 1.1300. Near term resistance is...
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No changed in our view, USDCAD remains in the downtrend from 1.4667, the price action from 1.2993 is likely consolidation for the downtrend. Resistance is located at the top of the falling price channel on the daily...
USDJPY is facing 104.18 support, a breakdown below this level could trigger further downside movement towards 103.00. Key resistance is at 107.05, only break above this level could signal completion of the downtrend.
AUDUSD remains in the uptrend from 0.5507, the pullback from 0.7413 is likely consolidation for the uptrend. As long as the price is in the rising price channel on the daily chart, the upside movement could be...
GBPUSD is facing the support of the rising price channel on the daily chart. As long as the channel support holds, the upside movement from 1.1409 could be expected to resume, and further rise to 1.3800 area...
