GBPUSD continued its downward movement from 1.3445 and the fall extended to as low as 1.2995. Further decline could be expected after a minor consolidation, and next target would be at 1.2900 area. Near term resistance is...
EURUSD broke below 1.1198 support and continued its downward movement from 1.1326. Further decline to test 1.1123 support is possible after a minor consolidation, a breakdown below this level will confirm that the longer term downtrend from...
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USDCAD is facing the resistance of the price channel on daily chart. A clear break above the channel resistance could bring price to 1.3600 zone. Near term support is at 1.3100, a breakdown below this level could...
USDJPY stayed in a trading range between 98.97 and 107.48 for several months. As long as 107.48 resistance holds, the price action in the trading range could be treated as consolidation of the downtrend from 123.75 (Nov...
AUDUSD broke below 0.7489 support, indicating that the upward movement from 0.7144 had completed at 0.7755 already. The pair is now in downtrend. Further decline could be expected over the next several weeks, and next target would...
GBPUSD failed to break above 1.3480 resistance, and stayed in the trading range between 1.2795 and 1.3480. Deeper decline to test 1.2795 support would likely be seen next week, a breakdown below this level will signal resumption...
EURUSD is facing the support of the price channel on daily chart. A clear break below the channel support will indicate that the upward movement from 1.0911 had completed at 1.1366 already, then the following downward movement...
The USD/JPY pair rose slightly during the course of the session on Friday, but we continue to grind sideways overall as there is plenty of volatility in this market right now, and not necessarily a whole lot...
The USD/CAD pair rose during the course of the session on Thursday, slicing through the 1.32 level. By doing so, we continue to test serious resistance and I think we are trying to break out to the...
