USDCAD broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 1.3347 had completed at 1.3041 already. Further rally would likely be seen and next target would be at 1.370 area....
USDJPY broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 108.25 had completed at 109.28 already. Further decline would likely be seen and next target would be at 108.40 area....
AUDUSD’s upside movement from 0.6809 extended to as high as 0.6917. Further rise would likely be seen after a minor consolidation and next target would be at 0.6950 area. Near term support is at 0.6890, a breakdown...
GBPUSD extended its upside movement from 1.2788 to as high as 1.2915. Further rise could be expected in the coming days and next target would be at 1.2980 area. Near term support is at 1.2840, below this...
EURUSD broke above the falling trend line on the 4-hour chart, suggesting that the short term downtrend from 1.1179 had completed at 1.1073 already. Further rally to test 1.1179 resistance would likely be seen, above this level...
USDCAD is facing the resistance of the falling price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.3041 could be treated as consolidation for the downtrend from 1.3347, further decline...
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 108.25. As long as the trend line support holds, the upside movement could be expected to continue and next target...
AUDUSD extended its upside movement from 0.6809 to as high as 0.6871. Further rise is still possible in the coming days and next target would be at 0.6900 area. Near term support is at 0.6845, below this...
GBPUSD broke above the falling price channel on the 4-hour chart, suggesting that the downtrend from 1.3012 had completed at 1.2788 already. Further rally would likely be seen and next target would be at 1.2980 area. Support...
EURUSD broke below the bullish trend line on the 4-hour chart, suggesting that the uptrend from 1.0879 had completed at 1.1179 already. Further decline would likely be seen in the coming days and next target would be...
