EURAUD has been trending higher recently but profit-taking could happen as the pair is testing the top of its ascending channel on the 4-hour chart. If so, the pair could head back to the channel support at...
USDCAD stays in a ascending price channel on 4-hour chart and remains in uptrend from 1.3223. As long as the pair is in the channel, the upward movement could be expected to continue, and next target would...
USDJPY stays in a ascending price channel on 4-hour chart and remains in uptrend from 108.13. Further rise could be expected after consolidation and next target would be at 113.00 area. Support is located at the bottom...
AUDUSD remains in downtrend from 0.7610, the rise from 0.7439 is likely consolidation of the downtrend. Resistance is at 0.7540, as long as this level holds, the downward movement could be expected to continue, and next target...
GBPUSD’s upward movement from 1.2756 extended to as high as 1.2965. Support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the upward movement could be expected to...
EURUSD continued its sideways movement in a range between 1.0820 and 1.0950. Support is at 1.0820. As long as this level holds, the price action in the range could be treated as consolidation of the uptrend from...
