USDCAD is facing the channel support once again. A breakdown below the channel support would indicate that the upside movement from 1.2782 had completed at 1.3317 already, then further decline towards 1.2950 area could be seen. On...
USDJPY broke above the bearish price channel on the 4-hour chart and is now in uptrend from 112.30. Further rally could be expected after a minor consolidation and next target would be at 113.50 area. Support levels...
No changed in our view, AUDUSD remains in the downtrend from 0.7337, the bounce from 0.7201 could be treated as correction of the downtrend. Resistance is at 0.7280, as long as this level holds, the downtrend could...
GBPUSD broke above 1.2883 resistance. Further rally towards the falling trend line on the 4-hour chart is possible, and a breakout of the trend line would indicate that the downside movement from 1.3174 had completed at 1.2723...
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1215. As long as the trend line support holds, the upside movement could be expected to continue and next target...
USDCAD pulled back from the top of the price channel on the 4-hour chart, suggesting that consolidation for the uptrend from 1.2782 is underway. Another fall towards the bottom of the channel could be expected in the...
USDJPY broke above the bearish price channel on the 4-hour chart, suggesting that the downside movement from 114.20 had completed at 112.30 already. Further rally is still possible after consolidation and next target would be at 113.50...
AUDUSD remains in the downtrend from 0.7337, the bounce from 0.7201 is likely corrective consolidation for the downtrend. Another fall could be expected after the consolidation and next target would be at 0.7100 area. Resistance is at...
GBPUSD moved sideways in a trading range between 1.2723 and 1.2883. The sideways movement is likely consolidation for the downtrend from 1.3174. A breakdown below 1.2723 support would indicate that the downtrend has resumed, then next target...
EURUSD is facing the support of the bullish trend line on the 4-hour chart. As long as the trend line support holds, the fall from 1.1472 could be treated as consolidation for the uptrend from 1.1215 and...
