GBPUSD broke below 1.2077 support and extended its downside movement from 1.2578 to as low as 1.2014. Further decline is still possible and next target would be at 1.1900 area. Near term resistance is at 1.2080, above...
EURUSD moved sideways in a trading range between 1.1167 and 1.1249. As long as 1.1167 key support holds, the sideways move could be treated as consolidation for the uptrend from 1.1026, further rise to 1.1300 area is...
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3015. As long as the trend line support holds, the pullback from 1.3344 could be treated as consolidation for the...
No changed in our view, USDJPY remains in the downtrend from 109.31, as long as 107.08 resistance holds, the price action from 105.52 is likely consolidation for the downtrend. Further decline is possible after the consolidation and...
AUDUSD broke above 0.6805 resistance, suggesting that the downside movement from 0.7081 had completed at 0.6677 already. Further rally could be expected and next target would be at 0.6867 resistance. Near term support is at 0.6770, below...
GBPUSD stays in a trading range between between 1.2077 and 1.2249. Key resistance is at 1.2249, as long as this level holds, the sideways movement could be treated as consolidation for the downtrend from 1.2578, further decline...
EURUSD continued its sideways movement in a trading range between 1.1167 and 1.1249. The sideways movement is likely consolidation for the uptrend from 1.1026. As long as 1.1167 support holds, the upside movement could be expected to...
USDCAD’s upside movement from 1.3015 extended to as high as 1.3344. Further rise is still possible after a minor consolidation and next target would be at 1.3400 area. Near term support is at 1.3280, a breakdown below...
USDJPY remains in the downtrend from 109.31, the price action from 105.52 is likely consolidation for the downtrend. As long as 107.08 resistance holds, the downside movement could be expected to resume, further decline to 105.00 area...
AUDUSD remains in the downtrend from 0.7081, as long as 0.6805 resistance holds, the bounce from 0.6677 could be treated as consolidation for the downtrend. Further decline is still possible after the consolidation and next target would...
