EURUSD has been trending higher over the past few weeks and is currently above a steep rising trend line on its 1-hour chart. Price is bouncing off this support zone, which lines up with the 50% Fibonacci...
USDJPY has been moving back and forth inside a range with support at the 109.00 major psychological level and resistance at 114.00. Price is currently testing support and might be due for another bounce back to the...
USDCAD moved sideways in a trading range between 1.2281 and 1.2391. The sideways move is likely consolidation of the downtrend from 1.2590. Further decline would likely be seen and a breakdown below 1.2281 support could take price...
USDJPY moved sideways in a trading range between 108.28 and 109.77. As long as 109.77 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 111.48 and another fall towards 107.31 is still...
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 fall from 0.8135 could be treated as consolidation of the...
GBPUSD broke below the bullish support trend line on the 4-hour chart, suggesting that the uptrend from 1.3458 had completed at 1.4345 already. Further decline is still possible and next target would be at 1.4000, followed by...
EURUSD is in corrective consolidation for the uptrend from 1.1717. Range trading between 1.2240 and 1.2537 would likely be seen over the next several days. As long as 1.2240 support holds, the uptrend could be expected to...
GBPJPY is trending higher and looks ready for a test of its ascending channel support. Applying the Fib tool on the latest swing low and high shows that the 61.8% level lines up with support at the...
USDCAD stays below a falling trend line on its 4-hour chart and remains in the downtrend from 1.2590. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
USDJPY stays in a falling price channel on its 4-hour chart and remains in the downtrend from 111.48. As long as the price is in the channel, the downside movement could be expected to continue and next...
