AUDUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 0.7501. As long as the trend line support holds, the upside movement could be expected to continue and next target...
GBPUSD is now facing 1.3466 resistance. A breakout of this level could take price towards 1.3549. Above here would aim 1.3657 (Sep 20 high). Near term support is at 1.3385, a breakdown below this level could bring...
EURUSD extended its upside movement to as high as 1.1959, facing the resistance at 1.1961. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to...
USDCAD was previously trading inside a rectangle pattern, which turned out to be a triple top reversal formation when price broke to the downside. The chart pattern is approximately 250 pips tall, so the resulting selloff could...
USDCAD extended its downside movement from 1.2920 to as low as 1.2630, facing 1.2623 support. Near term resistance is at the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the...
USDJPY failed to break above 113.75 resistance and pulled back from 113.63, suggesting that lengthier sideways movement in a range between 112.03 and 113.75 is underway. Deeper decline to 112.40 area would likely be seen in the...
AUDUSD extended its upside movement from 0.7501 to as high as 0.7783. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...
GBPUSD continued its sideways movement in a range between 1.3301 and 1.3466. As long as the price is below 1.3466 resistance, the price action in the range could be treated as consolidation of the downtrend from 1.3549,...
EURUSD broke above 1.1901 resistance, indicating that the short term uptrend from 1.1717 has resumed. Near term support is at the rising trend line on the 4-hour chart. As long as the trend line support holds, further...
GBPUSD has formed lower highs and higher lows recently, creating a symmetrical triangle pattern on its 1-hour time frame. Price is approaching the peak of the formation so a breakout could take place soon. The chart pattern...
