AUDUSD stays in a trading range between 0.7875 and 0.8065. As long as 0.7875 key support holds, the price action in the range could be treated as consolidation of the uptrend from 0.7571 and another rise towards...
GBPUSD broke below the ascending trend line on its 4-hour chart, indicating that the short term uptrend from 1.2932 had completed at 1.3267 already. Deeper decline could be expected and next target would be at 1.3000 area....
EURUSD remains in the uptrend from 1.1312, the pullback from 1.1908 could be treated as consolidation of the uptrend. Near term support is at the bottom trend line of the price channel on its 4-hour chart. As...
EURUSD broke above a major trend line from the August 2015 high of 1.1713 to the May 2016 high of 1.1616 at 1.1445 on the weekly chart, and extended its bullish movement to as high as 1.1908,...
USDCAD broke above 1.2575 resistance, indicating that the downtrend from 1.3347 had completed at 1.2413 already. Further rally could be expected in a couple of days and next target would be at around 1.2690, followed by 1.2740....
USDJPY remains in the downtrend from 114.49, the bounce from 109.91 is likely consolidation of the downtrend. Near term resistance is at the top trend line of the price channel on the 4-hour chart. As long as...
AUDUSD continued its sideways movement in a range between 0.7875 and 0.8065. Key support is at 0.7875, as long as this level holds, the uptrend could be expected to resume and another rise towards 0.8150 is still...
GBPUSD stays above a bullish trend line on its 4-hour chart and remains in uptrend from 1.2932. As long as the trend line support holds, the uptrend could be expected to continue and next target would be...
EURUSD’s bullish movement from 1.1312 extended to as high as 1.1908. As long as the pair is in the rising price channel on its 4-hour chart, the bullish move could be expected to continue and next target...
USDCAD recently broke below an important support level at the May 2016 low of 1.2460 and reached as low as 1.2413, confirming that the long term downtrend from the January 2016 high of 1.4689 had resumed. On...
