USDCAD continued its sideways movement in a trading range between 1.3254 and 1.3327. The sideways move is likely consolidation for the uptrend from 1.3041. As long as the price is above the bullish trend line on the...
USDJPY stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 108.27. As long as the channel support holds, the upside movement could be expected to continue and next target would...
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.6834. As long as the price is in the channel, the downside movement could be expected to continue and next...
GBPUSD’s short term uptrend from 1.2822 extended to as high as 1.2950. Further rise is still possible and next target would be at 1.3000 area. Near term support is at 1.2880, below this level could trigger another...
EURUSD extended its downside movement from 1.1097 to as low as 1.0992, facing the support level at 1.0989, a breakdown below this level could trigger further downside movement towards 1.0900. Near term resistance is at 1.1030, above...
USDCAD moved sideways in a trading range between 1.3254 and 1.3327. As long as the price is above the rising trend line on the 4-hour chart, the sideways movement could be treated as consolidation for the uptrend...
USDJPY extended its upside movement from 108.27 to as high as 109.60, breaking above 109.48 resistance. As long as the price is in the rising channel on the 4-hour chart, the upside movement could be expected to...
AUDUSD extended its downside movement from 0.6834 to as low as 0.6758. As long as the channel resistance holds, the downside movement could be expected to continue and next target would be at 0.6700 area. Key resistance...
GBPUSD broke above the falling price channel on the 4-hour chart, suggesting that the short term downtrend from 1.2985 had completed at 1.2822 already. Further rally could be expected and next target would be at 1.3000 area....
EURUSD is facing 1.0989 support, a breakdown below this level would indicate that the downtrend from 1.1179 has resumed, then further decline to 1.0900 area could be seen. Near term resistance is at 1.1030, above this level...
