The EURUSD has broken above the 1.1032 resistance level and reached a high of 1.1095. This suggests that the uptrend from the September 2022 low of 0.9535 has resumed. If the current momentum continues, a further rally...
USDCAD broke above the top of the falling price channel on the daily chart and is now in the uptrend from 1.2993. Further rally would likely be seen in a couple of weeks and next target would...
USDJPY moved sideways in a trading range between 104.00 and 107.05. As long as the price is below the falling trend line on the daily chart, the price action in the range could be treated as consolidation...
AUDUSD extended its downside movement from 0.7413 to as low as 0.7005. Further decline would likely be seen and next target would be at 0.6800 area. Near term resistance is at 0.7240, only break above this level...
GBPUSD remains in the downtrend from 1.3482, the bounce from 1.2674 is likely consolidation for the downtrend, and further decline to 1.2400 area is possible. Near term resistance is at 1.3100, only break above this level could...
EURUSD’s fall from 1.2010 extended to as low as 1.1612. Deeper decline is still possible next week and next target would be at 1.1500, followed by 1.1350. Near term resistance is at 1.1800, a breakout of this...
USDCAD broke above the falling price channel on the daily chart, indicating that the downside movement from 1.4667 had completed at 1.2993 already. Further rally would likely be seen in a couple of weeks and next target...
USDJPY remains in the downtrend from 111.71, the price action from 104.18 is likely consolidation for the downtrend. As long as the price is below the falling trend line on the daily chart, the downside movement could...
AUDUSD broke below the rising price channel on the daily chart, suggesting that the upside movement from 0.5507 had completed at 0.7413 already. Further decline could be expected in a couple of weeks and next target would...
GBPUSD broke below the bottom of the rising price channel on the daily chart, suggesting that the upside movement from 1.1409 had completed at 1.3482 already. Deeper decline would likely be seen in the coming days and...
