USDCAD continued its upside movement from 1.2728 to as high as 1.3236. Further rise is still possible after a minor consolidation and next target would be at 1.3300 area. Near term support is at 1.3110, only a...
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 108.11. As long as the channel support holds, the upside movement could be expected to continue and next target would...
AUDUSD broke below 0.7412 support. Resistance is at 0.7480, as long as this level holds, the downtrend from 0.7676 could be expected to continue and further decline towards 0.7300 is possible. Only a breakout of 0.7480 resistance...
GBPUSD is testing 1.3204 support. A breakdown below this level would indicate that the downtrend from 1.4376 (Apr 17 high) has resumed, then further decline towards 1.3000 could be seen. Resistance is at 1.3320, only a breakout...
Being contained by 1.1510 support, EURUSD rebounded from 1.1543. However, the bounce is likely consolidation for the downtrend from 1.1851, another fall to test 1.1510 support is possible after the consolidation and a breakdown below this level...
The Organization of the Petroleum Exporting Countries (OPEC) will meet in Vienna next week to discuss potential reduction or revision to the 1.8 million barrels/day production cut put in place in early 2017. After yearlong rise in...
USDCAD extended its upside movement from 1.2728 to as high as 1.3207. Further rise is still possible after a minor consolidation and next target would be at 1.3250 area. Near term support is at 1.3110, a breakdown...
USDJPY extended its upside movement from 108.11 to as high as 110.90. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
AUDUSD extended its downside movement from 0.7676 to as low as 0.7625, facing the 0.7412 support. A breakdown below this level could trigger further downside movement towards 0.7300. Resistance is at 0.7520, as long as this level...
GBPUSD is facing 1.3204 support. A breakdown below this level could trigger further downside movement towards 1.3000 area. Resistance is at 1.3320, only break above this level could bring the price back towards 1.3500.
