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 broke above the falling price channel on the daily chart and extended its upside movement from 1.2951 to as high as 1.3463. Further rise could be expected in a couple of weeks and next target would...
USDJPY is now in the downtrend from 112.22. Further decline would likely be seen after a minor consolidation and next target would be at 105.00 area. Near term resistance is at 109.00, as long as this level...
AUDUSD’s downside movement from 0.7031 extended to as low as 0.6433. 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...
GBPUSD stays below a falling trend line on the daily chart and remains in the downtrend from 1.3514. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
EURUSD broke above the falling price channel on the daily chart, suggesting that the downside movement from 1.1239 had completed at 1.0778 already. Further rally would likely be seen and next target would be at 1.1150, followed...
USDCAD failed to break above the falling price channel on the daily chart and pulled back from 1.3328. Another fall towards 1.2900 would likely be seen over the next several weeks. Resistance is at 1.3328, a break...
USDJPY broke above the rising price channel on the daily chart and extended its upside movement from 104.44 to as high as 112.22. Further rise would likely be seen after a minor consolidation and next target would...
AUDUSD extended its downside movement from 0.7031 to as low as 0.6585. 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...
GBPUSD extended its downside movement from 1.3514 to as low as 1.2848. As long as the price is in the falling price channel on the daily chart, the downside movement could be expected continue and next target...
