AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9461, the rise from 0.9227 would possibly be consolidation of the downtrend. Further decline is still possible after consolidation, and next target...
GBPUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.6465. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
EURUSD broke above 1.3879 resistance, indicating that the downward movement from 1.3905 had completed at 1.3775 already. The pair is now in uptrend, further rise could be expected after a minor consolidation, and next target would be...
What’s in a price chart? A lot! Plain and simple, price patterns help you spot high-confidence trading and investing opportunities. Yes, fundamentals have their place, but technical analysis — forecasting the market by looking for price patterns...
USDCAD is now in downtrend from 1.1053. Further decline could be expected after a minor consolidation, and next target would be at 1.0900 area. Resistance is at 1.1000, only break above this level could trigger another rise...
USDCHF failed to break above 0.8861 resistance and pulled back to 0.8791. Deeper decline to test 0.8743 key support is possible, a breakdown below this level will trigger another fall towards 0.8300. On the upside, a break...
USDJPY remains in uptrend from 101.32, the price action from 102.72 could be treated as consolidation of the uptrend. Another rise could be expected, and next target would be at 103.50 area. Support is at 101.96, only...
AUDUSD is facing 0.9316 resistance, a break above this level will indicate that the downtrend from 0.9461 had completed at 0.9227 already, then the following upward movement could bring price to 0.9550 – 0.9600 area. On the...
GBPUSD broke above 1.6857 resistance, and continued its upward movement from 1.6465. Near term support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, further rise could be...
EURUSD is facing 1.3879 resistance, a break above this level will signal resumption of the uptrend from 1.3672, then next target would be at 1.3950 area. On the downside, as long as 1.3879 resistance holds, the rise...
