USDCAD remains in the downtrend from 1.2997, the bounce from 1.2728 is likely correction for the downtrend. Another fall could be expected after the correction and a breakdown below 1.2728 support could trigger further downside movement towards...
USDJPY broke above 110.03 resistance and extended its upside movement from 104.63 to as high as 110.45. Further rise could be expected in a couple of days and next target would be at 111.50 area. Key support...
AUDUSD pulled back to 0.7445 area after touching 0.7560 resistance. However, the pullback is likely correction for the uptrend from 0.7412, another rise could be expected after the correction and next target would be at 0.7650 area....
GBPUSD moved sideways in a trading range between 1.3451 and 1.3617. As long as 1.3617 key resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.4376 and further decline towards 1.3350 is...
EURUSD broke below 1.1822 support, suggesting that the downtrend from 1.2413 has resumed. Further decline could be expected in a couple of days, and next target would be at 1.1700 area. Resistance levels are at 1.1900 and...
USDCAD is now in the downtrend from 1.2997, the bounce from 1.2728 is likely consolidation for the downtrend. Range trading between 1.2728 and 1.2850 would likely be seen in a couple of days. The downtrend could be...
USDJPY stays in a rising price channel on its 4-hour chart and remains in the uptrend from 104.63. As long as the channel support holds, the upside movement could be expected to resume and a breakout of...
AUDUSD broke above 0.7560 resistance, suggesting that the downside movement from 0.7813 had completed at 0.7412 already. Further rise is still possible after a corrective consolidation and next target would be at 0.7650 area. Support levels are...
GBPUSD continued its sideways movement in a trading range between 1.3459 and 1.3617. As long as 1.3617 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.4376 and another...
EURUSD extended its upside movement from 1.1822 to as high as 1.1996. As long as the price is in the rising channel on the 4-hour chart, the upside movement could be expected to continue and next target...
