USDCAD moved sideways in a trading range between 1.2728 and 1.2924. The sideways move is likely consolidation for the downtrend from 1.2997. Another fall could be expected after the consolidation and a breakdown below 1.2728 support could...
USDJPY extended its upside movement from 104.63 to as high as 111.08. Further rise is still possible in a couple of days and next target would be at 111.50 area. Near term support is at the bottom...
AUDUSD failed to break above 0.7566 resistance and stayed in a trading range between 0.7412 and 0.7566. As long as 0.7566 resistance holds, the price action in the range could be treated as consolidation for the downtrend...
GBPUSD is facing 1.3451 support. A breakdown of this level would suggest that the downside movement from 1.4376 has resumed, then next target would be at 1.3350 area. Key resistance is at 1.3617, only a breakout of...
EURUSD remains in the downtrend from 1.1996. Further decline could be expected after a minor consolidation and next target would be at 1.1700 area. Resistance is at 1.1840, a breakout of this level would suggest that the...
USDCAD is now in downtrend from 1.2997. Another fall towards the bottom of the price channel on the daily chart is possible over the next several weeks. Resistance is at 1.2997, only a breakout of this level...
USDJPY stays in a rising price channel on the daily chart and remains in the uptrend from 104.63. As long as the price is in the channel, the upside movement could be expected to continue and next...
AUDUSD moved sideways in a trading range between 0.7412 and 0.7566. The sideways move is likely consolidation for the downtrend from 0.8135 and further decline to 0.7150 is possible after the consolidation. On the upside, a breakout...
No changed in our view, GBPUSD remains in the downtrend from 1.4376. As long as 1.3617 key resistance holds, the downside movement could be expected to continue and next target would be at 1.3100 area. On the...
EURUSD extended its downside movement from 1.2555 to as low as 1.1749. Key resistance is now at 1.1996. As long as this level holds, the downside movement could be expected to continue and next target would be...
