AUDUSD broke below the rising price channel on the 4-hour chart, suggesting that the upside movement from 0.6910 had completed at 0.7081 already. Deeper decline could be expected over the next several days and next target would...
GBPUSD moved sideways in a trading range between 1.2381 and 1.2578. As long as 1.2578 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2783, further decline towards 1.2300 is still possible....
EURUSD is testing 1.1193 support, a breakdown below this level could trigger further downside movement towards 1.1140. Near term resistance is at 1.1230, above this level could bring the price back towards 1.1285 resistance.
USDCAD moved sideways in a trading range between 1.3015 and 1.3144. As long as 1.3144 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3432, further decline to 1.2950 area is still...
USDJPY stays in a falling price channel on the 4-hour chart and remains in the downtrend from 108.99. As long as the channel resistance holds, the bounce from 107.20 could be treated as consolidation for the downtrend,...
AUDUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 0.6910. As long as the channel support holds, the pullback from 0.7081 could be treated as consolidation for the uptrend,...
GBPUSD failed to break above 1.2578 resistance and pulled back from 1.2558. However, another rise to retest this level is possible, a breakout could take the price to 1.2700 area. Near term support is at 1.2470, below...
EURUSD is facing 1.1193 support once again. A breakdown below this level could signal resumption of the downtrend from 1.1412, then next target would be at 1.1140 area. Near term resistance is at 1.1230, above this level...
USDCAD stays below a falling trend line on the daily chart and remains in the downtrend from 1.3564. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
USDJPY moved sideways in a trading range between 106.77 and 108.99. As long as 108.99 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 112.40, further decline to 106.00...
