AUDUSD stays in a trading range between 0.7624 and 0.7729. As long as 0.7729 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 0.7897, and a breakdown below 0.7624 support could trigger...
GBPUSD continued its sideways movement in a trading range between 1.3027 and 1.3337. Near term support is at 1.3027, a breakdown below this level could signal resumption of the downtrend from 1.3657, then the following downside movement...
EURUSD continued its sideways movement in a trading range between 1.1554 and 1.1690, and is now facing 1.1690 resistance. As long as this level holds, the price action in the range could be treated as consolidation of...
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USDCAD is facing a bullish trend line on its daily chart. A clear break below the trend line support will suggest the upside movement from 1.2061 had completed at 1.2916 already, then deeper decline towards 1.2433 support...
USDJPY’s upside movement from 107.31 extended to as high as 114.73. Near term support is at the bottom trend line of the price channel on the daily chart now at around 112.65. As long as the channel...
AUDUSD formed a sideways movement in a narrow range between 0.7624 and 0.7729. The sideways movement is likely consolidation of the downtrend from 0.8124 and a breakdown below 0.7624 support could trigger another fall towards 0.7535 support...
GBPUSD moved sideways in a narrow range between 1.3027 and 1.3337. The price action in the range is likely consolidation of the downtrend from 1.3657 and further decline is still possible after the consolidation. There is a...
EURUSD stays below a descending trend line on the daily chart and remains in the downtrend from 1.2092. As long as the price is below the trend line, the bounce from 1.1554 could be treated as consolidation...
The US dollar has been very choppy against the Japanese yen during the Friday session, as the 113.50 level has offered a bit of resistance. I think that the market will continue to be very noisy, but...
