AUDUSD failed to break above the resistance of the falling trend line on the 4-hour chart, suggesting that the pair remains in the downtrend from 0.6749. As long as the trend line resistance holds, the bounce from...
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3017. As long as the trend line resistance holds, the bounce from 1.2725 could be treated as consolidation for the...
EURUSD extended its upside movement from 1.0778 to as high as 1.1184. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
USDCAD pulled back from 1.3463. The fall is likely consolidation for the uptrend from 1.3201, as long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to...
USDJPY dropped sharply from 112.22 to as low as 107.36. Further decline is still possible after a minor consolidation and next target would be at 106.50 area. Near term resistance is at 108.55, a break of this...
AUDUSD extended its downside movement from 0.6749 to as low as 0.6433. 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...
GBPUSD extended its downside movement from 1.3017 to as low as 1.2725. 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’s upside movement from 1.0778 to as high as 1.1073. Further rise is still possible in a couple of days and next target would be at 1.1100 area. Key support is at 1.0950, a breakdown below this...
USDCAD broke above the falling price channel on the daily chart and extended its upside movement from 1.2951 to as high as 1.3463. Further rise could be expected in a couple of weeks and next target would...
USDJPY is now in the downtrend from 112.22. Further decline would likely be seen after a minor consolidation and next target would be at 105.00 area. Near term resistance is at 109.00, as long as this level...
