USDCAD extended its upside movement from 1.3201 to as high as 1.3346, breaking above 1.3328 resistance. Further rise could be expected after a minor consolidation and next target would be at 1.3400 area. Support is located at...
USDJPY remains in the downtrend from 112.22, the bounce from 109.88 is likely consolidation for the downtrend. As long as 111.04 resistance holds, the downtrend could be expected to continue and next target would be at 109.60,...
AUDUSD broke below 0.6585 support and extended its downside movement from 0.6749 to as low as 0.6542. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be...
GBPUSD broke below the bottom of the rising price channel on the 4-hour chart, suggesting that the downtrend from 1.3209 has resumed. Further decline could be expected and next target would be at 1.2850, followed by 1.2800....
EURUSD broke above the resistance of the falling price channel on the 4-hour chart, suggesting that the downside movement from 1.1239 (Dec 31, 2019 high) had completed at 1.0778 already. Further rally would likely be seen and...
USDCAD remains in the uptrend from 1.3201. Further rise could be expected after a minor consolidation and next target would be at 1.3350 area. Near term support is at 1.3250, only break below this level could trigger...
USDJPY broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 108.30 had completed at 112.22 already. Further decline could be expected after consolidation and next target would be at 109.50...
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.6749. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
GBPUSD extended its upside movement from 1.2848 to as high as 1.3017. Further rise could be expected and next target would be at 1.3100. Support is at the rising trend line on the 4-hour chart, a breakdown...
EURUSD is facing the resistance of the falling price channel on the 4-hour chart. A breakout of the channel resistance would indicate that the downside movement from 1.1239 (Dec 31, 2019 high) had completed at 1.0778 already,...
