USDCAD continued its upside movement from 1.2623 and the rise extended to as high as 1.2879. Further rise to test 1.2916 resistance is possible in the coming days. A breakout of this level could signal resumption of...
USDJPY extended its upside movement from 110.84 to as high as 113.63. As long as the pair is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and further...
AUDUSD remains in the downtrend from 0.7653. Further decline would likely be seen after a minor consolidation and next target would be at 0.7475 area. A breakdown below this level could trigger further downside movement towards 0.7328...
The GBPUSD pair failed to break above 1.3549 resistance and moved sideways in a trading range between 1.3319 and 1.3549. Near term support is at the bullish trend line on the 4-hour chart. As long as the...
EURUSD extended its downside movement from 1.1961 to as low as 1.1730, facing the support level at 1.1712. A breakdown this level could take price to next support level at 1.1670, followed by 1.1554. Below these levels...
USDCAD continued its sideways movement in a trading range between 1.2623 and 1.2916. As long as 1.2623 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.2061, and a...
USDJPY’s fall from 114.73 had completed at 110.84 already. Further rise to test 115.50 resistance would likely be seen in a couple of weeks, a breakout of this level will confirm that the long term uptrend from...
AUDUSD extended its downside movement from 0.8124 to as low as 0.7501. As long as the price is in the falling price channel on the daily chart, the downside movement could be expected to continue and next...
GBPUSD stays above a bullish trend line on its daily chart, suggesting that the pair remains in the uptrend from 1.1946 (Oct 2016 low), and the price action from 1.3657 could be treated as consolidation of the...
EURUSD broke below the rising trend line on the daily chart, indicating that the short term uptrend from 1.1554 had completed at 1.1961 already. Deeper decline to test 1.1554 support would likely be seen over the next...
