AUDUSD extended its downside movement from 0.6894 to as low as 0.6670. Further decline is still possible after a minor consolidation and next target would be at 0.6650 area. Near term resistance is at 0.6720, above this...
GBPUSD is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.2205 could be treated as consolidation for the downtrend from 1.2581, further...
EURUSD is facing the resistance of the bearish price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.0879 could be treated as consolidation for the downtrend from 1.1109, further decline...
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USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3309. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
USDJPY remains in the short term uptrend from 106.95. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue, further rise towards 108.47 resistance...
AUDUSD moved sideways in a narrow rang between 0.6738 and 0.6780. As long as 0.6780 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 0.6894, further decline to 0.66700 area is still...
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.2581. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
EURUSD extended its downside movement from 1.1109 to as low as 1.0884. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue, further decline...
USDCAD broke below 1.3230 support, indicating that the upside movement from 1.3133 had completed at 1.3309 already. Further decline could be expected and next target would be at 1.3150 area. Resistance is located at the falling trend...
