EURUSD remains in the downtrend from 1.1496, the bounce from 1.0635 is likely corrective consolidation for the downtrend. Further decline is possible after the consolidation and next target would be at 1.0400 area. Resistance is at 1.1147,...
USDCAD dropped sharply from 1.4667 to 1.3920. Further decline would likely be seen next week, and next target would be at the rising trend line on the daily chart. Near term resistance is at 1.4270, a break...
USDJPY failed to break above 112.22 resistance and pulled back from 111.71. However, another rise to test 112.22 resistance is possible next week, a break of this level could trigger further upside movement towards 115.50 resistance. Support...
AUDUSD bounced strongly from 0.5507 to as high as 1.6199. Further rally would likely be seen next week, and next target would be at the falling trend line on the daily chart. As long as the trend...
GBPUSD rebounded strongly from 1.1409. Further rally would likely be seen next week, and next target would be at the falling trend line on the daily chart. As long as the trend line resistance holds, the downtrend...
After breaking below 1.0778 support, EURUSD rebounded strongly from 1.0635. However, the bounce is likely corrective consolidation for the downtrend from 1.1496, another fall towards 1.0400 is still possible after the consolidation.
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...
