EURUSD’s fall from 1.0714 extended to as low as 1.0600. Deeper decline to test the support of the ascending price channel on 4-hours chart is possible. A clear break below the channel support will confirm that the...
Under pressure by the resistance of 1.3598 (Dec 28, 2016 high), USDCAD pulled back from 1.3535. However, as long as the pair stays in the upward price channel on 4-hours chart, the fall from 1.3535 could be...
USDJPY remains in uptrend from 111.68, the fall from 115.50 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hours chart. As long as the price channel support...
AUDUSD stays in the descending price channel on 4-hour chart, and remains in downtrend from 0.7740. As long as the pair is in the channel, the downtrend could be expected to continue and further decline to 0.7400...
GBPUSD broke above the channel resistance, indicating that the downward movement from 1.2569 had completed at 1.2134 already. The pair is now in uptrend, further rise could be expected over the next several days, and next target...
EURUSD remains in uptrend from 1.0494, the fall from 1.0714 is likely consolidation of the uptrend. Support level is at 1.0600, as long as the pair is above this level, the upward movement could be expected to...
USDCAD remains in uptrend from 1.3009, the fall from 1.3535 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds,...
USDJPY is now in uptrend from 111.68. Further rise could be expected over the next several days, and next target would be at 117.50 area. Support is at 113.55, only break below this level could trigger another...
AUDUSD remains in downtrend from 0.7740, the rise from 0.7490 is likely consolidation of the downtrend. Resistance is now at the top of the price channel on 4-hour chart. As long as the pair is in the...
GBPUSD stays in the descending price channel on 4-hour chart and remains in downtrend from 1.2569. As long as the pair is in the channel, the downtrend could be expected to continue, and next target would be...
