USDCAD remains in the downtrend from 1.3226, the bounce from 1.2884 is likely consolidation for the downtrend. Near term resistance is at 1.2980, as long as this level holds, the downtrend could be expected to continue and...
USDJPY stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 112.87. As long as the channel support holds, the fall from 112.87 could be treated as consolidation for the uptrend...
AUDUSD remains in the uptrend from 0.7085, the pullback from 0.7303 is likely consolidation for the uptrend. Near term support is at 0.7200, as long as this level holds, the upside movement could be expected to continue...
GBPUSD broke below the bottom of the price channel on the 4-hour chart, suggesting that the upside movement from 1.2785 had completed at 1.3298 already. Further decline would likely be seen after a minor consolidation and next...
EURUSD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.1526. As long as the price is in the channel, the fall from 1.1802 could be treated as consolidation for...
USDCAD broke below 1.2887 support, suggesting that the downside movement from 1.3385 has resumed. Further decline could be expected in a couple of weeks and next target would be at 1.2800 area. Near term resistance is at...
USDJPY broke above 112.15 resistance. Further rise to test 113.17 resistance could be expected, a breakout of this level would aim 115.50 resistance. Near term support is at 111.60, a breakdown below this level could bring the...
AUDUSD remains in the downtrend from 0.8135, the bounce from 0.7085 is likely consolidation for the downtrend. Resistance is located at the bearish trend line on the daily chart. As long as the trend line resistance holds,...
GBPUSD broke above 1.3213 resistance, suggesting that the downside movement from 1.4376 had completed at 1.2661 already. Further rally would likely be seen in a couple of weeks and next target would be at 1.3500 area. Near...
EURUSD is facing 1.1851 resistance, as long as this level holds, the price action from 1.1510 could be treated as consolidation for the downtrend from 1.2555, and another fall towards 1.1000 is still possible after the consolidation....
