USDCAD moved sideways in a trading range between 1.2951 and 1.3007. As long as 1.3007 resistance holds, the downtrend from 1.3327 could be expected to continue and next target would be at 1.2900 area. On the upside,...
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the downtrend from 109.68 had completed at 107.77 already. Further rally could be expected in a couple of days and next target would be...
AUDUSD is facing the support of the bullish trend line on the 4-hour chart. As long as the trend line support holds, the fall from 0.7031 could be treated as corrective consolidation for the uptrend from 0.6754,...
GBPUSD broke above 1.3165 resistance, suggesting that the short term downtrend from 1.3284 had completed at 1.3053 already. Another rise towards 1.3400 would likely be seen over the next several days. Support is at 1.3053, only a...
EURUSD failed to break below the bullish trend line on the 4-hour chart and rebounded from 1.1125. Further rise could be expected and next target would be at 1.1239 resistance. Near term support is at 1.1165, below...
USDCAD remains in the downtrend from 1.3327. As long as the price is below the falling trend line on the 4-hour chart, the bounce from 1.2951 could be treated as consolidation for the downtrend, and further decline...
USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 109.70. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
AUDUSD extended its downside movement from 0.7031 to as low as 0.6930. Further decline is still possible after a minor consolidation and the target would be at the rising trend line on the 4-hour chart. Near term...
GBPUSD’s downside movement from 1.3284 extended to as low as 1.3053. Further decline would likely be seen after a minor consolidation and next target would be at 1.2900 area. Near term resistance is at 1.3165, only break...
EURUSD extended its downside movement from 1.1239 to as low as 1.1125. Further decline is still possible and the target would be at the rising trend line on the 4-hour chart. Near term resistance is at 1.1180,...
