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EUR/USD 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,...

After touching the top of the price channel on daily chart, EUR/USD pulled back to 1.0650, indicating that the pair remains in downtrend from 1.1616 (May 3, 2016 high), and the rise from 1.0340 could...

USD/JPY 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...

USD/JPY broke above the channel resistance and is now facing 111.57 key resistance. A break of this level will indicate that the downtrend from 115.50 had completed at 110.11 already, then the...

EUR/USD’s upward movement from 1.0494 extended to as high as 1.0905. Further rise is still possible after a minor consolidation and next target would be at 1.0950 area. Near term support is at...

USD/CAD moved sideways in a trading range between 1.3264 and 1.3409. Resistance is at 1.3409, a break of this level will confirm that the downtrend from 1.3535 had completed at 1.3264 already, then...

AUD/USD failed to break above 0.7778 resistance again and pulled back to 0.7600 area, indicating that lengthier consolidation for the uptrend from 0.7158 is needed. However, as long as the pair stays...

USD/JPY ran in the descending price channel on 4-hours chart and the downward movement from 115.50 extended to as low as 110.73. Near resistance is at the top of the price channel. As long as the...

USD/CAD is facing 1.3377 resistance, a break of this level will indicate that the downward movement from 1.3535 had completed at 1.3264 already, then the following upward move could bring price to...

USD/JPY continued its downward movement from 115.50 and the fall extended to as low as 112.26. Resistance is located at the top of the price channel on 4-hours chart. As long as the channel resistance...

USD/JPY failed to break above 115.62 resistance and continued its sideways movement in a range between 111.58 and 115.62. Deeper decline to test 111.58 support would likely be seen next week. A break...

EUR/USD’s fall from 1.0714 extended to as low as 1.0600. Deeper decline to test the support of the ascending price channel on 4-hours chart is possible. A clear break below the channel support...