GBPUSD continued its sideways movement in a trading range between 1.2381 and 1.2578. Another fall to test 1.2380 support could be expected, a breakdown below this level could take the price to 1.2300 zone. Near term resistance...
EURUSD broke below 1.1193 support, suggesting that the downside movement from 1.1412 has resumed. Further decline could be expected after a minor consolidation and next target would be at 1.1100 area. Near term resistance is at 1.1170,...
USDCAD is facing 1.3144 resistance, a break of this level would indicate that the downside movement from 1.3432 had completed at 1.3015 already, then further rally to 1.3200 area could be seen. However, as long as 1.3144...
USDJPY is facing the resistance of the price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 107.20 could be treated as consolidation for the downtrend from 108.99, another fall towards...
AUDUSD broke below the rising price channel on the 4-hour chart, suggesting that the upside movement from 0.6910 had completed at 0.7081 already. Deeper decline could be expected over the next several days and next target would...
GBPUSD moved sideways in a trading range between 1.2381 and 1.2578. As long as 1.2578 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2783, further decline towards 1.2300 is still possible....
EURUSD is testing 1.1193 support, a breakdown below this level could trigger further downside movement towards 1.1140. Near term resistance is at 1.1230, above this level could bring the price back towards 1.1285 resistance.
USDCAD moved sideways in a trading range between 1.3015 and 1.3144. As long as 1.3144 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3432, further decline to 1.2950 area is still...
USDJPY stays in a falling price channel on the 4-hour chart and remains in the downtrend from 108.99. As long as the channel resistance holds, the bounce from 107.20 could be treated as consolidation for the downtrend,...
AUDUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 0.6910. As long as the channel support holds, the pullback from 0.7081 could be treated as consolidation for the uptrend,...
