EURUSD continued its downward movement from 1.0905 and the fall extended to as low as 1.0642. As we mentioned yesterday, the resistance level is at 1.0705, as long as the pair is below this level, the downtrend...
USDCAD is facing 1.3264 support, a breakdown below this level will indicate that the downtrend from 1.3535 has resumed, then next target would be at 1.3100 area. Resistance is at 1.3414, a break of this level will...
USDJPY broke above 111.57 resistance, indicating that the downward movement from 115.50 had completed at 110.11 already. Further rally would likely be seen over the next several days, and next target would be at 114.00 area. Support...
AUDUSD remains in uptrend from 0.7587, the fall from 0.7679 is likely correction of the uptrend. Another rise could be expected after the correction and next target would be at 0.7750 area. Support is at 0.7587, only...
GBPUSD remains in downtrend from 1.2615, the rise from 1.2376 is likely correction of the downtrend. As long as 1.2615 resistance holds, the downtrend could be expected to resume, and further decline to 1.2200 area is still...
EURUSD’s downward movement from 1.0905 extended to as low as 1.0650. Near term resistance is at 1.0705, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.0600...
After touching 1.3409 resistance, USDCAD pulled back to 1.3330, indicating that lengthier sideways movement is underway. The 1.3264 support would be tested, and a breakdown below this level will signal resumption of the downtrend from 1.3535, then...
USDJPY is facing 111.57 resistance. As long as the pair is below this level, the rise from 110.11 could be treated as consolidation of the downtrend from 115.50 and further decline to 109.00 area is still possible...
AUDUSD is now in uptrend from 0.7587. Further rise could be expected in a couple of days and next target would be at 0.7800 area. Support is at 0.7625, as long as this level holds, the uptrend...
GBPUSD is now in downtrend from 1.2615, the rise from 1.2376 is likely consolidation of the downtrend. Further decline could be expected in a couple of days, and next target would be at 1.2200 area. Resistance is...
