USDJPY stays in a rising price channel on the 4-hour chart and remains in the short term uptrend from 106.95. As long as the channel support holds, further rise towards 108.47 resistance is still possible. However, a...
AUDUSD remains in the downtrend from 0.6894, the bounce from 0.6738 is likely consolidation for the downtrend. As long as 0.6808 key resistance holds, the downside movement could be expected to continue and next target would be...
GBPUSD extended its downside movement from 1.2581 to as low as 1.2270. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue, next target...
EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1109. As long as the channel resistance holds, the bounce from 1.0904 could be treated as consolidation for the downtrend,...
USDCAD remains in the downtrend from 1.3382, a breakdown below 1.3133 support could take the price to next support level at 1.3015. Near term resistance is at 1.3310, only break above this level could trigger another rise...
USDJPY remains in the downtrend from 112.40, the bounce from 104.44 is likely consolidation for the downtrend. Near term support is at 106.95, a breakdown below this level could trigger another fall towards 104.00. Resistance is at...
AUDUSD remains in the downtrend from 0.7295, the price action from 0.6677 is likely consolidation for the downtrend. Further decline could be expected after the consolidation and next target would be at 0.6500 area. Near term resistance...
GBPUSD remains in the uptrend from 1.1958, the pullback from 1.2581 would possibly be corrective consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 1.3000 area. Support levels...
EURUSD broke below 1.0925 support, suggesting that the downtrend from 1.1412 has resumed. As long as the price is in the falling price channel on the daily chart, the downside movement could be expected to continue and...
USDCAD moved sideways in a trading range between 1.3230 and 1.3309 for several days. The price action in the range is likely consolidation for the uptrend from 1.3133, further rise to 1.3360 area could be expected after...
