GBPUSD’s upside movement from 1.3039 extended to as high as 1.3448, breaking above the top trend line of the price channel on the 4-hour chart, facing a bearish trend line on the weekly chart. Breakthrough here could...
EURUSD is facing the support of the rising trend line from 1.1554 to 1.1712 on the 4-hour chart. As long as the trend line support holds, the fall from 1.1961 could be treated as consolidation of the...
GBPJPY failed in its attempt to break below 146.93 support, and stayed in a trading range between 146.93 and 152.85. As long as 146.93 support holds, the price action in the range could be treated as consolidation...
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USDCAD is facing 1.2836 resistance. A breakout of this level could trigger further upside movement towards 1.2916 previous high. Near term support is at 1.2750, a breakdown below this level could bring price back to test 1.2666...
USDJPY broke above the falling trend line on the 4-hour chart and is now facing 111.69 resistance. As long as this level holds, the sideways movement in a trading range between 110.84 and 111.69 could be treated...
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7897. Near term support is at 0.7580, a breakdown below this level could take price to next support level at...
GBPUSD extended its upside movement from 1.3039 to as high as 1.3387. As long as the price is in the rising price channel on the 4-hour chart, the uptrend could be expected to continue and next target...
EURUSD’s fall from 1.1961 extended to as low as 1.1827. However, as long as the price is above the bullish trend line on the 4-hour chart, the fall could be treated as consolidation of the uptrend from...
USDCAD failed to break below 1.2666 support and stayed in a trading range between 1.2666 and 1.2836. Further rise to test 1.2836 resistance would likely be seen. A breakout of this level could take price towards 1.2916...
