GBPUSD remains in the downtrend from 1.2985. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next target would be at 1.2768...
EURUSD extended its downside movement from 1.1097 to as low as 1.1003, facing the support level at 1.0989, a breakdown below this level could trigger further downside movement towards 1.0900. Near term resistance is at 1.1040, above...
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3041. As long as the trend line support holds, the price action from 1.3327 could be treated as consolidation for...
USDJPY’s bounce from 108.23 extended to as high as 109.20. Further rise could be expected in a couple of days and next target would be at 109.48 resistance. Near term support is at 108.80, a breakdown below...
AUDUSD broke below 0.6769 support, suggesting that the downtrend from 0.6929 has resumed. Further decline could be expected and next target would be at 0.6700 area. Near term resistance is at 0.6800, above this level could trigger...
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.2985. As long as the channel resistance holds, the bounce from 1.2822 could be treated as consolidation for the downtrend,...
EURUSD is facing 1.0989 support, a breakdown below this level could trigger further downside movement towards 1.0950. Near term resistance is at 1.1040, above this level could bring the price back towards 1.1100.
USDCAD broke below 1.3270 support, deeper decline towards the rising trend line on the 4-hour chart would likely be seen in a couple of days. As long as the trend line support holds, the pullback from 1.3327...
USDJPY failed to break below the support of rising price channel on the 4-hour chart. Further rally would likely be seen in the coming days and next target would be at 109.07 resistance. Key support is at...
AUDUSD stays in a trading range between 0.6769 and 0.6840. The price action in the range is likely consolidation for the downtrend from 0.6929, further decline towards 0.6700 is possible after the consolidation. Only break above 0.6840...
