AUDUSD extended its downside movement from 0.7393 to as low as 0.7031. Resistance is now at 0.7100, as long as this level holds, the downside movement could be expected to continue and next target would be at...
GBPUSD is testing the resistance of the bearish trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.2475 could be treated as consolidation for the downtrend from 1.3174, a...
EURUSD pulled back from 1.1485 and broke below the bullish trend line on the 4-hour chart, suggesting that the uptrend from 1.1269 had completed. Another fall towards 1.1200 could be expected in the coming days. Resistance is...
USDCAD extended its upside movement from 1.2782 to as high as 1.3601. As long as the price is above the bullish trend line on the daily chart, the upside movement could be expected to continue and next...
USDJPY broke below the bottom support trend line of the price channel on the daily chart, suggesting that the uptrend from 104.63 had completed at 114.54 already. Further decline is still possible and next target would be...
AUDUSD extended its downside movement from 0.7393 to as low as 0.7031, facing the support level at 0.7020, a breakdown below this level could trigger further downside movement towards 0.6800. Near term resistance is at 0.7100, only...
GBPUSD remains in the downtrend from 1.3298, the bounce from 1.2475 is likely consolidation for the downtrend. Resistance levels are at 1.2710 and 1.2800, as long as these levels holds, the downside movement could be expected to...
EURUSD failed to break above 1.1500 resistance and stayed in a trading range between 1.1215 and 1.1500. The price action in the range is likely consolidation for the downtrend from 1.1815, a breakdown below 1.1215 support could...
USDCAD extended its upside movement from 1.3253 to as high as 1.3529. As long as the prices are above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...
USDJPY extended its downside movement from 113.70 to as low as 110.81. Further decline is still possible after a minor consolidation and next target would be at 110.00 area. Near term resistance is at 111.50, a break...
