USDJPY remains in the downtrend from 108.99, the bounce from 107.79 is likely consolidation for the downtrend. Further decline could be expected after the consolidation, a breakdown below 107.79 support could take the price to 107.30 area.
AUDUSD failed to break above 0.7047 resistance and pulled back from 0.7044. Range trading between 0.6975 and 0.7047 would likely be seen over the next several days. As long as 0.6975 support holds, the upside movement from...
GBPUSD broke below 1.2439 support, suggesting that the downside movement from 1.2783 has resumed. Further decline could be expected over the next several days and next target would be at 1.2350 area. Near term resistance is at...
EURUSD extended its downside movement from 1.1285 to as low as 1.1201, facing 1.1193 support, a breakdown below this level could trigger further downside movement to 1.1150 area. Near term resistance is at 1.1230, a break of...
USDCAD remains in the downtrend from 1.3143, the bounce from 1.3017 is likely consolidation for the downtrend. Near term resistance is at 1.3080, as long as this level holds, the downtrend could be expected to resume and...
USDJPY remains in the downtrend from 108.99. Further decline is still possible after a minor consolidation and next target would be at 107.00 area. Near term resistance is at 108.35, only break above this level could signal...
AUDUSD is facing 0.7047 resistance, a breakout of this level could signal resumption of the uptrend from 0.7910, then next target would be at 0.7100 area. Near term support is at 0.7020, below this level could bring...
GBPUSD remains in the uptrend from 1.2439, the pullback from 1.2578 is likely corrective consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 1.2700 area. Near term support...
EURUSD failed to break above 1.1285 resistance and stayed in a trading range between 1.1238 and 1.1285. As long as 1.1238 support holds, the price action in the range could be treated as consolidation for the uptrend...
EUR and GBP have seen a strong sell off against Canadian Dollar in the last few weeks and in this article we will take a look at the swing sequences in EURCAD and GBPCAD to present the...
