GBPUSD is in consolidation for the downtrend from 1.3199. Range trading between 1.1409 and 1.2250 would likely be seen in a couple of days. As long as 1.2250 resistance holds, the downtrend trend could be expected to...
EURUSD’s downside movement from 1.1496 extended to as low as 1.0635. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next target...
USDCAD’s upside movement from 1.2951 extended to as high as 1.4667. Further rise would likely be seen and next target would be at 1.5200 area. Near term support is at 1.4140, a breakdown below this level could...
USDJPY is now facing 112.22 resistance, a break of this level could trigger further upside movement towards 120.00. Near term support is at 109.30, a breakdown below this level could bring the price back towards 107.50.
AUDUSD’s downside movement from 0.7031 extended to as low as 0.5507. Further decline is still possible after consolidation and next target would be at 0.5000 area. Near term resistance is at 0.6000, a break of this level...
GBPUSD broke below 1.1958 support and extended its downside movement from 1.3514 to as low as 1.1409. Further decline would likely be seen after a minor consolidation and next target would be at 1.0600 area. Near term...
EURUSD extended its downside movement from 1.1496 to as low as 1.0637, breaking below 1.0778 support. Further decline could be expected after a minor consolidation and next target would be at 1.0400 area. Near term resistance is...
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USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3201. As long as the trend line support holds, the pullback from 1.4667 could be treated as consolidation for the...
USDJPY stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 101.17. As long as the trend line support holds, the upside movement could be expected to continue and next target...
