AUDUSD remains in the downtrend from 0.7381, the bounce from 0.7165 is likely consolidation for the downtrend. Range trading between 0.7165 and 0.7250 would likely be seen in a couple of days. Support is at 0.7165, a...
GBPUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.2661 had completed at 1.3043 already. Further decline would likely be seen and next target would be at 1.2700 area....
EURUSD remains in the downtrend from 1.1733. Further decline is still possible after a minor consolidation and next target would be at 1.1540 area. Near term resistance is at 1.1640, only a breakout of this level could...
USDCAD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3174 had completed at 1.2887 already. Further rise is still possible and next target would be at 1.3174 resistance. Near...
USDJPY extended its downside movement from 111.82 to as low as 110.68. Further decline is still possible and next target would be at 110.00 area. Near term resistance is at 111.30, only a break of this level...
AUDUSD broke below 0.7202 support and extended its downside movement from 0.7381 to as low as 0.7165. Near term resistance is at 0.7230, only a break of this level could bring the price back towards 0.7381 resistance.
GBPUSD is facing the support of the bullish trend line on the 4-hour chart. As long as the trend line support holds, the fall from 1.3043 could be treated as consolidation for the uptrend from 1.2661 and...
EURUSD extended its downside movement from 1.1733 to as low as 1.1584. Deeper decline is still possible and next target would be at 1.1540 area. Near term resistance is at 1.1640, only a break of this level...
USDCAD remains in the downtrend from 1.3385, the bounce from 1.2887 is likely consolidation of the downtrend. As long as the price is below the bearish trend line on the daily chart, the downside movement could be...
USDJPY moved sideways in a trading range between 109.77 and 112.15. The sideways movement is likely consolidation for the downtrend from 113.17. Further decline would likely be seen after the consolidation and a breakdown below 109.77 support...
