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USDCAD moved sideways in a trading range between 1.2416 and 1.2538. As long as the price is in the bullish price channel on the 4-hour chart, the sideways movement could be treated as consolidation of the uptrend...
USDJPY continued its sideways movement in a trading range between 112.21 and 113.25. As long as 112.21 support holds, the price action in the range could be treated as consolidation of the uptrend from 107.31, and further...
AUDUSD broke above 0.7860 resistance, indicating that the downtrend from 0.8102 had completed at 0.7785 already. Further rally could be expected in the coming days and next target would be at 0.7930, followed by 0.7986. However, as...
GBPUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3657. As long as the price is below the trend line, the downtrend could be expected to continue and next...
EURUSD moved out of the descending price channel on its 4-hour chart, indicating that lengthier consolidation for the downtrend from 1.2029 is underway. The price is expected to test 1.1832 resistance, above this level could signal completion...
XAUUSD stays below a bearish trend line now at around 1291.35 on its 4-hour chart and remains in the downtrend from 1357.45. As long as the price is below the trend line, the downtrend could be expected...
The US dollar initially tried to rally against the Japanese yen, but then rolled over at the 113.25 level. We dropped down to the 112.75 level, where we had seen a bit of support. I believe that...
The US dollar rolled over against the Canadian dollar, reaching towards the 1.25 level on Tuesday. If we can break down below the 1.2450 level, the market should be very bearish, as it looks likely to show...
The British pound went sideways overall during the day on Tuesday, showing signs of support near the 1.32 level. I believe that ultimately, we will probably bounce, but we will more than likely have a lot of...
