EURUSD’s downside movement from 1.1570 extended to as low as 1.1353. As long as the price is below the falling trend line on the 4-hour chart, the downtrend could be expected to continue and next target would...
Fibonacci is in essence a sequence of numbers which were discovered by Leonardo Fibonacci, an Italian mathematician. The numbers commence with zero, and then 1 after that. The third number is usually calculated by adding 0+1, which...
USDCAD moved sideways in a trading range between 1.3179 and 1.3322. The sideways movement is likely consolidation for the downtrend from 1.3664. As long as 1.3322 resistance holds, the downtrend could be expected to resume and further...
USDJPY extended its upside movement from 107.76 to as high as 109.88. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...
AUDUSD remains in the uptrend from 0.6765, the fall from 0.7235 is likely consolidation for the uptrend. Range trading between 0.7100 and 0.7235 is possible in a couple of days. As long as 0.7100 support holds, the...
GBPUSD remains in the uptrend from 1.2396, the fall from 1.3000 is likely consolidation for the uptrend. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be...
EURUSD extended its downside movement from 1.1570 to as low as 1.1353. Further decline would likely be seen in a couple of days and next target would be at 1.1300 area. Key resistance is at 1.1425, a...
USDCAD remains in the downtrend from 1.3664, the bounce from 1.3179 is likely consolidation for the downtrend. Another fall could be expected after the consolidation and next target would be at 1.3000 area. Near term resistance is...
USDJPY extended its upside movement from 105.05 to as high as 109.88. Further rally is still possible next weeks and next target would be at 112.00 area. Near term support is at 109.00, a breakdown below this...
AUDUSD’s upside movement from 0.6765 extended to as high as 0.7235. Further rise is still possible after a minor consolidation and next target would be at 0.7350 area. Near term support is at 0.7140, a breakdown below...
