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USDCAD stays below a descending trend line on the 4-hour chart and remains in the downtrend from 1.2662. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
USDJPY broke above the resistance of the bearish trend line on its 4-hour chart, indicating that the short term downtrend from 110.67 had completed at 107.31 already. Further rally could be expected and the target would be...
AUDUSD broke below the bullish trend line on its 4-hour chart, indicating that the short term uptrend from 0.7871 had completed at 0.8124 already. Further decline could be expected in a couple of days and next target...
GBPUSD broke below the bullish trend line on the 4-hour chart, indicating that consolidation for the uptrend from 1.2774 is underway. Range trading between 1.3070 and 1.3224 would likely be seen in a couple of days. Support...
EURUSD is facing the support of the ascending trend line from 1.1662 to 1.1823 on its 4-hour chart. A clear break below the trend line could bring price back to test 1.1823 support, below this level could...
USDJPY recently broke below a major support level at 108.13, indicating that the sideways movement in a trading range between 108.13 and 115.50 is complete and the downtrend from 118.66 has resumed. On the downside The USDJPY...
USDCAD extended its downside movement from 1.2662 to as low as 1.2061. As long as the price is below the bearish trend line on the 4-hour chart, the bounce from 1.2061 could be treated as consolidation of...
USDJPY’s downside movement from 110.67 extended to as low as 107.31. Resistance is at the bearish trend line on the 4-hour chart. As long as the trend line resistance holds, the rise from 107.31 could be treated...
AUDUSD remains in the uptrend from 0.7807, the fall from 0.8124 is likely consolidation of the uptrend. Near term support is located at the bullish trend line on the 4-hour chart. As long as the price is...
