EURUSD moved sideways in a trading range between 1.1717 and 1.1862. As long as 1.1862 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.1961, and further decline could be expected after...
EURGBP has been trending lower on its 1-hour time frame, trading inside a new descending channel pattern. Price is currently testing the resistance and could be due for a drop to support. The resistance lines up with...
USDCAD is facing 1.2916 resistance once again. A breakout of this level could trigger further upside movement towards 1.3100. Near term support is at 1.2800, a breakdown below this level could bring price back to next support...
USDJPY is now in downtrend from 113.75, the bounce from 112.03 is likely consolidation of the downtrend. A breakdown below 112.03 level could trigger further downside movement towards 110.84. Near term resistance is at 113.00, only break...
AUDUSD remains in the uptrend from 0.7501, the fall from 0.7694 is likely consolidation of the uptrend. Range trading between 0.7580 and 0.7694 is possible in a couple of days. The uptrend could be expected to resume...
GBPUSD extended its downside movement from 1.3549 to as low as 1.3301. Further decline would likely be seen and next target would be at 1.3220. Below this level could take price to test 1.3027 (Oct 6 low)...
EURUSD remains in the downtrend from 1.1961, the price action from 1.1717 is likely consolidation of the downtrend. A breakdown below 1.1712 support will indicate that the downtrend has resumed, then next target would be at 1.1660,...
USDCAD is facing 1.2916 resistance once again. A breakout of this level will signal resumption of the uptrend from 1.2061, then next target would be at 1.3200 area. Near term support is at 1.2623, a breakdown below...
USDJPY moved sideways in a trading range between 110.84 and 114.73. As long as 110.84 support holds, the sideways movement could be treated as consolidation of the uptrend from 107.31, and a breakout of 115.50 resistance will...
AUDUSD broke above the top trend line of the price channel on the daily chart, suggesting that the downtrend from 0.8124 had completed at 0.7501 already. Further rally to test 0.7729 would likely be seen next week,...
