GBPUSD moved sideways in a narrow range between 1.2077 and 1.2249. As long as 1.2249 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2578, further decline to 1.2000 area is still...
EURUSD broke below 1.1190 support, suggesting that the upside movement from 1.1026 had completed at 1.1249 already. Further decline would likely be seen, a breakdown below 1.1167 support could take the price to 1.1130, followed by 1.1100....
USDCAD remains in the uptrend from 1.3015, the pullback from 1.3265 is likely consolidation for the uptrend. As long as the price is in the rising price channel on the 4-hour chart, the uptrend could be expected...
USDJPY’s downside movement from 109.31 extended to as low as 105.52. Further decline is still possible and next target would be at 105.00 area. Near term resistance is at 106.45, above this level could bring the price...
AUDUSD remains in the downtrend from 0.7081, further decline is still possible after consolidation and next target would be at 0.6700 area. Resistance is at 0.6805, above this level could bring the price back to next resistance...
GBPUSD continued its sideways movement in a trading range between 1.2077 and 1.2249. The sideways movement is likely consolidation for the downtrend from 1.2578, further decline to 1.2000 area is still possible after the consolidation. Key resistance...
EURUSD broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 1.1285 had completed at 1.1026 already. Further rally could be expected and next target would be at 1.1260 area. Near...
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3015. As long as the channel support holds, the pullback from 1.3265 could be treated as consolidation for the uptrend,...
USDJPY extended its downside movement from 109.31 to as low as 105.78. Further decline is still possible after consolidation and next target would be at 105.50 area. Near term resistance is at 106.75, above this level could...
AUDUSD extended its downside movement from 0.7081 to as low as 0.6747. Further decline is still possible after a minor consolidation and next target would be at 0.6730 area. Near term resistance is at 0.6805, above this...
