USDCAD is in consolidation for the uptrend from 1.3041, as long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to resume, further rise to 1.3360 area...
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 108.27. As long as the channel support holds, the uptrend could be expected to continue and next target would be...
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the short term downtrend from 0.6834. As long as the channel resistance holds, the downtrend could be expected to continue and next target...
GBPUSD remains in the downtrend from 1.2985. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next target would be at 1.2768...
EURUSD extended its downside movement from 1.1097 to as low as 1.1003, 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 1.1040, above...
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3041. As long as the trend line support holds, the price action from 1.3327 could be treated as consolidation for...
USDJPY’s bounce from 108.23 extended to as high as 109.20. Further rise could be expected in a couple of days and next target would be at 109.48 resistance. Near term support is at 108.80, a breakdown below...
AUDUSD broke below 0.6769 support, suggesting that the downtrend from 0.6929 has resumed. Further decline could be expected and next target would be at 0.6700 area. Near term resistance is at 0.6800, above this level could trigger...
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.2985. As long as the channel resistance holds, the bounce from 1.2822 could be treated as consolidation for the downtrend,...
EURUSD is facing 1.0989 support, a breakdown below this level could trigger further downside movement towards 1.0950. Near term resistance is at 1.1040, above this level could bring the price back towards 1.1100.
