EURUSD broke above the triangle pattern on the 4-hour chart. Further rise could be expected in a couple of days and next target would be at 1.2050 area. Support levels are at 1.1900 and 1.1823, only break...
After touching 131.39 previous high resistance, EURJPY pulled back sharply from 131.70 and broke below a major support trend line on on the 4-hour chart. The pair might be forming a double top pattern with neckline at...
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USDCAD remains in the downtrend from 1.2662. Further decline is still possible after a minor consolidation and next target would be at 1.2050 area. Resistance is at 1.2500, only break above this level could bring price back...
USDJPY stays in a trading range between 108.26 and 110.94 and is now facing 108.26 support. A breakdown below this level could signal resumption of the downtrend from 114.49 (Jul 11 high), then next target would be...
AUDUSD’s upside movement from 0.7807 extended to as high as 0.8028. As long as the price is in the bullish channel on the 4-hour chart, the upside movement could be expected to continue and next target would...
GBPUSD extended its upside movement from 1.2774 to as high as 1.3044. Near term support is at the bullish trend line on the 4-hour chart. As long as the price is above the trend line, the upside...
EURUSD moved sideways and formed a triangle pattern on its 4-hour chart. The price action in the triangle pattern could be treated as consolidation of the uptrend from 1.1662. Further rise towards 1.2165 is still possible after...
XAUUSD extended its bullish movement from 1204.77 to as high as 1339.69, breaking above the November 2016 high of 1337.28 resistance. Further rise is still possible in a couple of weeks. On the upside, the gold price...
USDCAD is now in downtrend from 1.2662. Range trading between 1.2339 and 1.2500 would likely be seen in a couple of days. Near term resistance is at 1.2500. As long as this level holds, the downside movement...
