AUDUSD extended its downside movement from 0.8135 to as low as 0.7097. Further decline is still possible in a couple of week and next target would be at 0.7000 area. Resistance is at the falling trend line...
GBPUSD remains in the downtrend from 1.4376, the bounce from 1.2661 could be treated as consolidation for the downtrend. Range trading between 1.2661 and 1.3213 would likely be seen in a couple of weeks. Key resistance is...
EURUSD moved sideways in a trading range between 1.1301 and 1.1851. As long as 1.1851 resistance holds, the price action in the trading range would possibly be consolidation for the downtrend from 1.2555 and another fall towards...
USDCAD dropped sharply from 1.3226, suggesting that the upside movement from 1.2887 had completed. Deeper decline would likely be seen and next target would be at 1.3000 area. Resistance is at 1.3226, only a break of this...
USDJPY broke below 110.68 support, suggesting that the downtrend from 111.82 has resumed. Further decline could be expected and next target would be at 110.00 area. Near term resistance is at 111.00, only a break of this...
AUDUSD continued its sideways movement in a trading range between 0.7144 and 0.7235. A breakdown below 0.7144 support could trigger another downside movement towards 0.7100. On the upside, a breakout of 0.7235 resistance could bring the price...
GBPUSD is now in uptrend from 1.2785. Further rise to test 1.3043 resistance is possible, a break of this level could trigger further upside movement towards 1.3200. Near term support is at 1.2875, only a break below...
EURUSD is now in uptrend from 1.1529. A break of 1.1659 resistance could take the price towards 1.1733 resistance, above this level would aim 1.1900 area. Support levels are at 1.1600 and 1.1529, only break below these...
USDCAD remains in the uptrend from 1.2887. Further rise is still possible and next target would be at 1.3300 area. Near term support is at 1.3120, only a breakdown below this level could bring the price back...
USDJPY failed to breakout of 111.82 resistance and stayed in a trading range between 110.68 and 111.82. Another rise to test 111.82 resistance is still possible and a break of this level could take the price to...
