AUDUSD broke above 0.7047 resistance and extended its upside movement from 0.6910 to as high as 0.7081. Further rise could be expected after a minor consolidation and next target would be at 0.7150 area. Support is located...
GBPUSD is facing 1.2578 resistance, a break of this level would confirm that the downside movement from 1.2783 had completed at 1.2381 already, then further rise to 1.2650 area could be seen. Near term support is at...
EURUSD failed to break above 1.1285 resistance and stayed in a trading range between 1.1193 and 1.1285. As long as 1.1285 resistance holds, the price action in the range could be treated as consolidation for the downtrend...
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USDCAD moved sideways in a trading range between 1.3017 and 1.3144. As long as 1.3144 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.3432, a breakdown below 1.3017...
USDJPY broke below 107.79 support, suggesting that the downside movement from 108.99 has resumed. Further decline could be expected over the next several days and next target would be at 107.30 area. Resistance is at 108.00, a...
AUDUSD is in consolidation for the uptrend from 0.6910. Range trading between 0.6975 and 0.7047 would likely be seen over the next several days. Another rise to test 0.7047 is possible, a break of this level could...
GBPUSD remains in the downtrend from 1.2578, the bounce from 1.2381 is likely consolidation for the downtrend. Further decline could be expected after the consolidation, a breakdown below 1.2381 support could take the price to 1.2300 area....
EURUSD failed to break below 1.1193 support and rebounded from 1.1199, suggesting that the fall from 1.1285 had completed. Further rally would likely be seen over the next several days and next target would be at 1.1285...
USDCAD broke above 1.3080 resistance, suggesting that lengthier consolidation for the downtrend from 1.3432 is needed. Further rally could be expected in the coming days and the target would be at 1.3144 resistance.
