USDCAD rebounded strongly from 1.2969 after touching the bullish trend line on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.2782. As long the price is above the trend line, the fall from...
USDJPY is now in the downtrend from 112.88. Further decline is possible in the coming days and a breakdown below 111.62 support could take the price to 111.00 area. Resistance is at 112.30, a break of this...
AUDUSD remains in the downtrend from 0.7159. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next target would be at 0.7041...
GBPUSD broke below 1.2921 support and extended its downside movement from 1.3257 to 1.2865 area. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to...
EURUSD broke below 1.1432 support and extended its downside movement from 1.1622 to 1.1380 area. Key resistance is located at the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the...
USDCAD remains in the uptrend from 1.2915, the pullback from 1.3132 could be treated as consolidation for the uptrend. As long as 1.3025 support holds, the uptrend could be expected to resume and further rise to 1.3200...
USDJPY broke below the rising trend line on the 4-hour chart, suggesting that the short term uptrend from 111.62 had completed at 112.88 already. The pair is now in downtrend, further decline to test 111.62 support could...
AUDUSD stays in a falling price channel on its 4-hour chart and remains in the downtrend from 0.7159. As long as the channel resistance holds, the downside movement could be expected to continue and further decline to...
GBPUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3257. As long as the trend line resistance holds, the downside movement could be expected to continue and a breakdown...
EURUSD is facing a key support level at 1.1432. A breakdown below this level could signal resumption of the downtrend from 1.1622, then next target would be at 1.1350 area. Resistance levels are at 1.1495 and 1.1550,...
