USDJPY broke below 109.37 support, indicating that the upside movement from 108.11 had completed at 110.26 already. Further decline could be expected and next target would be at 108.50 area. Resistance is at 110.26, only a breakout...
AUDUSD broke below 0.7594 support, suggesting that the upside movement from 0.7476 had completed at 0.7676 already. Further decline could be expected in the coming days and next target would be at the rising trend line on...
GBPUSD broke below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the upside movement from 1.3204 had completed at 1.3472 already. Another fall could be expected and next target would...
EURUSD remains in the uptrend from 1.1510. As long as the price is in the rising price channel on the 4-hour chart, the pullback from 1.1840 could be treated as consolidation for the uptrend and another rise...
Leveraging the benefits of the Relative Strength Index (RSI) in forex trading is easy when you know how to go about it. All it takes is a keen eye and in-depth understanding of how this particular indicator...
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.2728. As long as the price is in the channel, the upside movement could be expected to continue and next...
USDJPY is facing 109.37 support, a breakdown below this level would indicate that the upside movement from 108.11 had completed at 110.26 already, then further decline towards 108.11 support could be seen. On the upside, as long...
AUDUSD is facing 0.7594 support, a breakdown below this level would suggest that the short term uptrend from 0.7476 had completed at 0.7676 already, then the pair would find support at the rising trend line on the...
GBPUSD extended its upside movement from 1.3204 to as high as 1.3472. Another rise could be expected after a minor consolidation and next target would be at 1.3550 area. Near term support is at the bottom of...
EURUSD stays above a rising trend line on its 4-hour chart and remains in the uptrend from 1.1510. As long as the trend line support holds, the upside movement could be expected to continue and next target...
