No changed in our view, AUDUSD remains in the uptrend from 0.7807, the fall from 0.7962 is likely correction of the uptrend. Another rise to test 0.7962 resistance could be expected, a breakout of this level could...
GBPUSD stays in a bearish price channel on its 4-hour chart and remains in the downtrend from 1.3267. As long as the price is in the channel, the downside movement could be expected to continue and next...
EURUSD moved sideways in a trading range between 1.1662 and 1.1909. The sideways movement is likely consolidation of the uptrend from 1.0569 (Apr 10 low). As long as 1.1662 support holds, the uptrend could be expected to...
USDCHF moved sideways in a trading range between 0.9583 and 0.9772 on the 4-hour chart for several weeks. All we can do is wait for the breakout to occur. On the upside A breakout of 0.9772 could...
USDCAD stays in a falling price channel on its 4-hour chart, indicate that the pair remains in the downtrend from 1.2778. As long as the price is in the channel, the downtrend could be expected to continue...
USDJPY is forming a sideways consolidation in a range between 108.60 and 109.82. Near term support is at 108.60, a breakdown below this level could trigger another fall to test 108.13 (Apr 17 low) support. Resistance is...
AUDUSD remains in uptrend from 0.7807, the fall from 0.7962 could be treated as correction of the uptrend. Another rise to test 0.7962 resistance is possible after the correction, and a breakout of this level could signal...
GBPUSD moved below 1.2811 support and extended its downside movement to as low as 1.2779. Near term resistance is located at the top trend line of the price channel on the 4-hour chart. As long as the...
EURUSD continued its sideways movement in a trading range between 1.1662 and 1.1909. As long as 1.1662 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.0569 (Apr 10 low), and further...
GBPUSD Broke below a major bullish trend line from 1.2109 to 1.2589 on its daily chart. Further decline would likely be ween over the next several days. On the downside The GBPUSD pair stays in a bearish...
