EURUSD remains in the downtrend from 1.1746, the bounce from 1.1365 is likely consolidation for the downtrend. Further decline is possible after the consolidation and a breakdown below 1.1365 support could take the price to 1.1300 area....
USDCAD broke above 1.3119 resistance, suggesting that the upside movement from 1.2961 has resumed. Further rally is possible in a couple of days and next target would be at 1.3250 area. Support is at the bullish trend...
USDJPY extended its downside movement from 112.15 to as low as 110.29. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...
AUDUSD extended its downside movement from 0.7453 to as low as 0.7270. Further decline is still possible after a minor consolidation and next target would be at 0.7200 area. Resistance is at 0.7321, only a break of...
GBPUSD’s downside movement from 1.3213 extended to as low as 1.2722. Near term resistance is at 1.2860, as long as this level holds, the downside movement could be expected to continue and next target would be at...
EURUSD extended its downside movement from 1.1746 to as low as 1.1369. Further decline is still possible after a minor consolidation and next target would be at 1.1300 area. Resistance is at 1.1480, as long as this...
USDCAD stays below a falling trend line on the daily chart and remains in the downtrend from 1.3385. As long as the trend line resistance holds, the bounce from 1.2961 could be treated as consolidation for the...
USDJPY broke below the rising trend line on the daily chart, suggesting that the upside movement from 104.63 to as high as 113.17. Deeper decline would likely be seen in a couple of weeks and next target...
AUDUSD broke below 0.7310 support and extended its downside movement from 0.8135 to as low as 0.7280. As long as the price is below the falling trend line on the daily chart, the downside movement could be...
GBPUSD extended its downside movement from 1.4376 to as low as 1.2722. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next...
