USDJPY broke above 108.93 resistance, suggesting that the uptrend from 106.48 has resumed. 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...
AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 0.6882 had completed at 0.6809 already. Further rally could be expected and next target would be at 0.6860 area. Support...
GBPUSD is facing the resistance of the falling price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.2788 could be treated as consolidation for the downtrend from 1.3012, further decline...
EURUSD failed to break below the bullish trend line on the 4-hour chart and rebounded from 1.1073. Further rally to test 1.1125 resistance is possible, a breakout of this level could trigger another rise towards 1.1200. On...
USDCAD’s downside movement from 1.3347 extended to as low as 1.3052. As long as the price is in the bearish channel on the 4-hour chart, the downside movement could be expected to continue and next target would...
USDJPY is in consolidation for the uptrend from 106.48. Range trading between 108.03 and 108.93 would likely be seen in a couple of days. As long as 108.03 support holds, the uptrend could be expected to resume,...
AUDUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 0.6882. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3012. As long as the channel resistance holds, the downside movement could be extended to continue and next target would...
EURUSD is testing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 1.1179 could be treated as consolidation of the uptrend from 1.0879, a...
USDCAD is facing 1.3015 support, a breakdown below this level could trigger further downside movement towards 1.2800. Near term resistance is at 1.3125, a breakout of this level could bring the price back towards 1.3300.
