USDCAD broke below the support trend line of the price channel on 4-hour chart and continued its downward movement from 1.3793. Further decline could be expected and next target would be at 1.3300 area. Near term resistance...
USDJPY is now in uptrend from 110.23. Further rally could be expected over the next several days and next target would be at around 113.50. Support levels are at 110.80 and 110.23, only break below these levels...
AUDUSD failed to break below the bottom support trend line of the price channel on 4-hour chart and rebound from 0.7442, indicating that the pair remains in uptrend from 0.7328. As long as the pair is in...
GBPUSD moves in a bullish price channel on 4-hour, indicating that the pair remains in uptrend from 1.2365. As long as the pair is in the channel, the uptrend could be expected to continue, and further rise...
EURUSD failed to break below 1.1161 support and moved sideways in a trading range between 1.1161 and 1.1267, indicating that the pair remains in uptrend from 1.0839 and the fall from 1.1267 could be treated as consolidation...
EURGBP might be forming a double bottom pattern on its daily chart. The first bottom is at the December 2016 low of 0.8304, and the second bottom is at the April 18 low of 0.8313. The neckline...
USDCAD moved in a bearing price channel on 4-hour chart and just bounces off the bottom support trend line. Further rally is possible and the target would be at the top resistance trend line. However, as long...
USDJPY broke above 111.73 resistance, indicating that the bearish movement from 114.36 had completed at 110.23 already. Further rise could be seen in a couple of days, and next target would be at around 113.50. Support levels...
AUDUSD ran in an ascending price channel on 4-hour chart and just bounces off the top resistance line of the channel. Correction pullback could be seen and the target would be at the bottom support line of...
GBPUSD pair found resistance at the top of the price channel on 4-hour chart and pulled back into 1.2955 zone. Deeper decline would likely be seen and the target would be at the bottom support line of...
