USDJPY dropped sharply from 112.22 to as low as 104.99. Further decline could be expected after a minor consolidation and next target would be at 104.44 support, followed by 102.00 area. Near term resistance is at 106.20,...
AUDUSD broke above the falling trend line on the daily chart, suggesting that the downtrend from 0.7031 had completed at 0.6433 already. Further rally could be expected and next target would be at 0.6900 area. Near term...
GBPUSD’s bounce from 1.2725 extended to as high as 1.3051. Further rally would likely be seen next week and the target would be at the falling trend line on the daily chart. As long as the trend...
EURUSD extended its upside movement from 1.0778 to as high as 1.1354, breaking above 1.1239 resistance. Further rally is still possible after a minor consolidation and next target would be at 1.1500 area. Near term support is...
USDCAD extended its upside movement from 1.3314 to as high as 1.3438. Further rise would likely be seen and next target would be at 1.3463 resistance, followed by 1.3500 area. Near term support is at 1.3375, a...
USDJPY extended its downside movement from 112.22 to as low as 105.96. 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...
AUDUSD moved sideways in a trading range between 0.6575 and 0.6645. As long as 0.6575 support holds, the price action in the range could be treated as consolidation for the uptrend from 0.6433, and further rise to...
GBPUSD broke above the falling price channel on the 4-hour chart. Further rally would likely be seen in a couple days and next target would be at 1.3050 area. Near term support is at 1.2895, a breakdown...
EURUSD extended its upside movement from 1.0778 to as high as 1.1244, breaking above 1.1213 resistance. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected...
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