GBPUSD is facing the resistance of the price channel on 4-hour chart, as long as the channel resistance holds, the rise from 1.5485 could be treated as consolidation of the downtrend from 1.5785, another fall towards 1.5000...
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.2569. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
USDCAD continued its sideways movement in a range between 1.1560 and 1.1673. As long as 1.1560 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.1191. Further rise could...
USDCHF continued its upward movement from 0.9553, and the rise extended to as high as 0.9913. Near term support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the...
USDJPY remains in uptrend from 155.56. Further rise to test 131.84 resistance would likely be seen, a break of this level will signal resumption of the longer term uptrend from 105.19 (Oct 15 low), then the following...
AUDUSD is facing the resistance of the price channel on 4-hour chart. As long as the channel resistance holds, the rise from 0.8087 could be treated as consolidation of the downtrend from 0.8795, another fall to 0.7900...
GBPUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.5785. Further decline could be expected, and next target would be at 1.5000 area. Resistance is at the upper line of the...
EURUSD’s downward movement from 1.2569 extended to as low as 1.2132. Near term resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to...
USDCAD stays in the trading range between 1.1560 and 1.1673. As long as 1.1560 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.1191. Further rise could be expected...
USDCHF’s upward movement from 0.9553 extended to as high as 0.9886. Further rise could be expected after a minor consolidation, and next target would be at 1.0000 area. Support is at 0.9750, only break below this level...
