EURUSD broke above the falling trend line on the daily chart and continued its sideways movement in a trading range between 1.0635 and 1.1147. As long as 1.1147 resistance holds, the sideways movement could be treated as...
USDCAD broke above 1.4250 resistance, suggesting that the downside movement from 1.4667 had completed at 1.3854 already. Further rally would likely be seen in a couple of weeks and next target would be at 1.4600 area. Support...
USDJPY is testing 106.90 support, a breakdown below this level could signal resumption of the downtrend from 111.71, then further decline to 104.00 area could be seen. Near term resistance is at 108.20, a break of this...
AUDUSD is testing the resistance at the falling trend line on the daily chart. A breakout of the trend line resistance could take the price to 0.6800 area. Near term support is at 0.6200, a breakdown below...
GBPUSD moved sideways in a trading range between 1.2160 and 1.2647. As long as 1.2160 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.1409, and further rise towards the falling trend...
EURUSD’s fall from 1.1147 extended to as low as 1.0727. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next target would...
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...
