AUDUSD remains in the downtrend from 0.7295, the bounce from 0.7054 is likely corrective consolidation for the downtrend. Further decline could be expected and next target would be at 0.6900 area. Resistance is at 0.7200, only break...
GBPUSD’s fall from 1.3217 had completed at 1.2772 already. Another rise towards 1.3500 would likely be seen over the next several weeks. Near term support is at 1.2960, below this level could bring the price back towards...
EURUSD failed to break below 1.1215 support, suggesting that lengthier sideways movement in the trading range between 1.1215 and 1.1570 is needed. However, as long as 1.1570 resistance holds, the price action in the trading range could...
USDCAD 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 1.3149 could be treated as consolidation for the downtrend from 1.3339, another...
USDJPY moved sideways in a trading range between 110.25 and 111.12. As long as 110.25 support holds, the price action in the range could be treated as consolidation for the uptrend from 108.49, further rise to 112.00...
AUDUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 0.7054 had completed at 0.7206 already. Further decline is still possible in the coming days and next target would be...
GBPUSD moved sideways in a narrow range between 1.3010 and 1.3108. As long as 1.3010 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.2772 and further rise to...
EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.1234. As long as the trend line support holds, the upside movement could be expected to continue and next target...
USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3339. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
USDJPY is facing the support of the rising price channel on the 4-hour chart. As long as the channel support holds, the upside movement could be expected to continue and next target would be at 112.00 area....
