GBPUSD failed its attempt to breakout of the bearish trend line on its weekly chart and pulled back from 1.3657. However, the pair is above a bullish trend line on its daily chart, indicating that the price...
EURUSD broke below the rising price channel on its daily chart, indicating that consolidation for the uptrend from 1.0340 is underway. Range trading between 1.1662 and 1.2092 would likely be seen in a couple of weeks. As...
EURGBP recently broke out of a price channel on its 4-hour chart and moved sideways in a trading range between 0.8746 and 0.8899, suggesting that consolidation for the bearish movement from 0.9306 is underway. The EURGBP pair...
Aside from a brief dip a few weeks ago, U.S. stocks have been the embodiment of stability. And many in the mainstream are talking about this continuing for the foreseeable future. If there’s one thing we know,...
USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2061. As long as the price is above the trend line, the fall from 1.2519 could be treated as consolidation...
USDJPY remains in the uptrend from 107.31, the fall from 113.25 is likely consolidation of the uptrend. Range trading between 111.47 and 113.25 would likely be seen in a couple of days. As long as 111.47 support...
AUDUSD broke below 0.7807 key support and extended its downside movement from 0.8102 to as low as 0.7799, indicating that the uptrend from 0.7328 (May 9 low) had completed at 0.8124 already. Near term resistance is at...
GBPUSD extended its downside movement from 1.3652 to as low as 1.3342. Near term resistance is at the top trend line on the price channel on the 4-hour chart. As long as the channel resistance holds, the...
EURUSD remains in the downtrend from 1.2029, the bounce from 1.1717 is likely consolidation of the downtrend. Near term resistance is located at the top trend line of the price channel on the 4-hour chart, now at...
USDCAD extended its bullish movement from 1.2061 to as high as 1.2493, breaking above the top trend line of the price channel on the daily chart. Near term support is at the rising trend line on the...
