EURUSD continued its sideways movement in a trading range between 1.1301 and 1.1851. The sideways movement is likely consolidation for the downtrend from 1.2555. As long as 1.1851 key resistance holds, the downside movement could be expected...
USDCAD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3226 had completed at 1.2782 already. Further rise is still possible and next target would be at 1.3150 area. Support...
USDJPY extended its downside movement from 114.54 to as low as 112.05. Further decline is still possible after a minor consolidation and next target would be at 111.50 area. Near term resistance is at 112.40, a break...
AUDUSD is facing 0.7041 support, a breakdown below this level could trigger another downside movement towards 0.6900. Resistance is at 0.7130, a break of this level would confirm that the downside movement from 0.7314 is complete, then...
GBPUSD extended its upside movement from 1.2921 to as high as 1.3215. Further rise is still possible after a minor consolidation and next target would be at 1.3300 area. Near term support is located at the bullish...
EURUSD is facing 1.1550 resistance, a breakout of this level would indicate that the downside movement from 1.1815 had completed at 1.1432 already, then the pair would find resistance at around 1.1600. However, as long as 1.1550...
USDCAD failed in its attempts to break above the falling trend line on the 4-hour chart and pulled back to 1.2930 area, suggesting that corrective consolidation for the uptrend from 1.2782 is underway. Deeper decline would likely...
USDJPY remains in the downtrend from 114.54, the bounce from 112.82 is likely consolidation for the downtrend. Further decline is possible after the consolidation and next target would be at 112.00 area. Resistance levels are at 113.40...
AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 0.7314 had completed at 0.7041 already. Further rally would likely be seen in a couple of days and next target...
GBPUSD broke above 1.3132 resistance, suggesting that the upside movement from 1.2921 has resumed. Further rise could be expected in a couple of days and next target would be at 1.3250 area. Near term support is at...
