The Dow Jones Transportation Average ($TRAN) is a running average of the stock prices of twenty transportation companies with each stock’s price-weighted to adjust for stocks and other factors. As a result, it can change at any time...
USDCAD is in consolidation for the uptrend from 1.3854, range trading between 1.3960 and 1.4182 would likely be seen in a couple of days. As long as 1.3960 support holds, the uptrend could be expected to resume...
USDJPY moved sideways in a trading range between 106.92 and 108.08. The price action in the range is likely consolidation for the downtrend from 109.38, and further decline to 105.00 could be expected after the consolidation. On...
AUDUSD moved sideways in a trading range between 0.6263 and 0.6444. As long as 0.6263 support holds, the sideways movement could be treated as consolidation for the uptrend from 0.5507, and further rise towards 0.6600 is possible...
GBPUSD remains in the downtrend from 1.2647, further decline would likely be seen in a couple of days and next target would be at 1.2300 area. Near term resistance is at 1.2575, only break above this level...
EURUSD remains in the downtrend from 1.0990, the bounce from 1.0812 is likely consolidation for the downtrend. As long as 1.0905 resistance holds, the downtrend could be expected to resume, and further decline to 1.0700 area is...
USDCAD broke below 1.3920 support, suggesting that the downside movement from 1.4667 has resumed. Further decline would likely be seen and next target would be at 1.3600 area. Resistance is at 1.4250, a break of this level...
USDJPY is facing 106.90 support, a breakdown below this level could trigger further downside movement towards 104.00. On the upside, as long as 106.90 support holds, the pullback from 111.71 could be treated as consolidation for the...
AUDUSD extended its upside movement from 0.5507 to as high as 0.6444, facing the resistance at the falling trend line on the daily chart, a breakout of the trend line resistance could trigger further upside movement to...
GBPUSD extended its upside movement from 1.1409 to as high as 1.2647. Further rise is still possible after a minor consolidation and next target would be at the falling trend line on the daily chart. Key support...
