The Australian dollar initially tried to rally on Monday, but turned around at the 0.76 level to fall to the 0.7580 level. We hardly gone anywhere during the day though, and I believe the Australian dollar is...
EURAUD is trending higher recently and has been moving inside an ascending channel on its 1-hour time frame. Price just bounced off the resistance and could be due for a test of support at the 1.4900 major...
USDCAD remains in downtrend from 1.3347, the rise from 1.2859 is likely consolidation of the downtrend. Key resistance is at 1.3014, as long as this level holds, the downtrend could be expected to continue and next target...
USDJPY stays in a bullish price channel on its 4-hour chart and remains in uptrend from 108.81. As long as the pair is in the channel, the uptrend could be expected to continue and further rise to...
AUDUSD remains in the short term downtrend from 0.7712, the bounce from 0.7571 is likely consolidation of the downtrend. Another fall to test 0.7535 support is still possible after the consolidation. A breakdown below this level will...
GBPUSD stays below a descending trend line on its 4-hour chart and is in downtrend from 1.3029. As long as the price is below the trend line, the downward movement could be expected to continue and next...
EURUSD continued its sideways movement in a trading range between 1.1290 and 1.1445. The sideways movement is likely consolidation of the uptrend from 1.1118, another rise to test 1.1450 key resistance is still possible after the consolidation,...
After hitting a highest record at 2889, BTCUSD fell sharply to 2251, and is now forming a triangle pattern on its 4-hour chart. All we need to do now is wait for a break out of the...
After consolidation, USDCAD continued its bearish movement from 1.3347 and the fall extended to as low as 1.2859. Key resistance is at 1.3014, as long as this level holds, the downtrend could be expected to continue and...
USDJPY’s bullish movement from 108.81 extended to as high as 114.19. Near term support is at the bottom trend line on the price channel on its 4-hour chart, and the key support is at 112.74, only a...
