GBPUSD extended its downside movement from 1.2985 to as low as 1.2822. Further decline would likely be seen in a couple of days and next target would be at 1.2750 area. Near term resistance is at 1.2870,...
EURUSD broke below 1.1053 support, suggesting that the downtrend from 1.1179 has resumed. Further decline could be expected in a couple of days and next target would be at 1.0989 support. Near term resistance is at 1.1040,...
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 upside movement could be expected to continue and next target...
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 106.48. As long as the channel support holds, the uptrend could be expected to resume and one more rise towards...
AUDUSD continued its sideways movement in a trading range between 0.6769 and 0.6840. As long as 0.6840 resistance holds, the downside movement from 0.6929 could be expected to resume, and further decline to 0.6700 area is still...
GBPUSD broke below the rising price channel on the 4-hour chart, and is now facing 1.2886 key support, a breakdown below this level would confirm that the upside movement from 1.2768 had completed at 1.2985 already, then...
EURUSD’s upside movement from 1.0989 extended to as high as 1.1097. As long as 1.1053 support holds, the upside movement could be expected to continue and next target would be at 1.1150 area. Only a breakdown below...
USDCAD’s upside movement from 1.3041 extended to as high as 1.3327. Further rise is possible after a minor consolidation and next target would be at 1.3360 area. Near term support is at 1.3270, a breakdown below this...
USDJPY is facing the support of the rising price channel on the 4-hour chart. As long as the channel support holds, the fall from 109.48 could be treated as consolidation for the uptrend from 106.48, another rise...
AUDUSD failed to break above 0.6840 resistance and stays in a trading range between 0.6769 and 0.6840. As long as 0.6840 resistance holds, the price action in the range could be treated as consolidation for the downtrend...
