Coffee Futures (KC_F) formed a lower high in October 2018 and have been declining since then. In the last 6 months, KC_F lost approximately 27.8% dropping from a high of 125.51 to it’s current levels. In this...
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USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3274. As long as the trend line support holds, the pullback from 1.3520 could be treated as consolidation for the...
USDJPY broke below 111.65 support, suggesting that consolidation for the uptrend from 109.70 is underway. Deeper decline is still possible and next target would be at the bottom of the price channel on the 4-hour chart. As...
AUDUSD extended its downside movement from 0.7205 to as low as 0.6988. 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...
GBPUSD’s downside movement from 1.3132 extended to as low as 1.2865. Further decline is still possible after a minor consolidation and next target would be at 1.2800 area. Resistance is located at the bearish trend line on...
EURUSD extended its downside movement from 1.1323 to as low as 1.1117. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...
USDCAD extended its upside movement from 1.3274 to as high as 1.3520. Further rise is still possible after a minor consolidation and next target would be at 1.3550 area. Near term support is at 1.3460, a breakdown...
USDJPY broke above 112.16 resistance, suggesting that the upside movement from 110.84 has resumed. Further rise could be expected and next target would be at 113.00 area. Key support is at 111.65, only break below this level...
AUDUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 0.7205. Further decline is still possible after a minor consolidation and next target would be at 0.6950 area. Near term...