EURUSD broke above 1.0830 resistance, suggesting that the downside movement from 1.1018 had completed at 1.0766 already. Further rally would likely be seen in the coming days and next target would be at 1.0950 area. Support is...
USDCAD broke above 1.4151, suggesting that the uptrend from 1.3849 has resumed. Further rise could be expected in the coming days and next target would be at 1.4400 area. Near term support is at 1.4007, only break...
USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 109.38. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
No changed in our view, AUDUSD remains in the downtrend from 0.6569, the price action from 0.6372 is likely consolidation for the downtrend. A breakdown below 0.6372 support would indicate that the downtrend has resumed, then next...
GBPUSD extended its downside movement from 1.2642 to as low as 1.2320. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...
EURUSD extended its downside movement from 1.1018 to as low as 1.0781. Further decline is still possible in a couple of days and next target would be at 1.0727 support. Near term resistance is at 1.0830, a...
USDCAD broke below 1.4045 support, suggesting that the upside movement from 1.3849 had completed at 1.4151 already. Further decline would likely be seen and next target would be at 1.3900 area. Resistance is at 1.4151, only break...
USDJPY extended its downside movement from 109.38 to as low as 106.20, breaking below 106.35 support. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected...
AUDUSD remains in the downtrend from 0.6569. As long as 0.6500 resistance holds, the downside movement could be expected to continue and next target would be at 0.6250 area. On the upside, a breakout of 0.6500 resistance...
GBPUSD remains in the downtrend from 1.2642. Further decline could be expected after a minor consolidation and next target would be at 1.2200 area. Near term resistance is at 1.2540, only break above this level could trigger...
