USDCAD moved sideways in a trading range between 1.3015 and 1.3382. The sideways movement is likely consolidation for the downtrend from 1.3664 (Dec 31, 2018 high), as long as 1.3382 key resistance holds, another fall towards 1.2800...
USDJPY extended its upside movement from 104.44 to as high as 109.48. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next...
AUDUSD failed to break above the resistance of the falling trend line on the daily chart and pulled back to 0.6900 area. Deeper decline to test 0.6800 support is possible next week, a breakdown below this level...
GBPUSD is facing 1.2745 support, a breakdown below this level would indicate that the upside movement from 1.1958 had completed at 1.3012 already, then deeper decline could be seen and the target would be at the bullish...
EURUSD broke below 1.1050 support, indicating that the upside movement from 1.0879 had completed at 1.1179 already. Further decline could be expected in a couple of weeks and next target would be at 1.0879 support. Resistance levels...
USDCAD is facing 1.3207 resistance, a break of this level would indicate that the upside movement from 1.3041 has resumed, then further rise to 1.3280 area could be seen. Near term support is at 1.3155, below this...
USDJPY broke above 109.28 resistance, suggesting that the uptrend from 107.88 has resumed. Further rise could be expected in a couple of days and next target would be at 110.00. Support is now at 108.64, only a...
AUDUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 0.6670. As long as the channel support holds, the pullback from 0.6929 could be treated as consolidation for the uptrend,...
GBPUSD extended its downside movement from 1.2975 to as low as 1.2793. 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...
EURUSD extended its downside movement from 1.1175 to as low as 1.1036. Further decline could be expected after a minor consolidation and next target would be at 1.0950 area. Resistance is at 1.1092, only break above this...
