USDCAD extended its downside movement from 1.3347 to as low as 1.3130. Further decline could be expected after a minor consolidation and next target would be at 1.3100 area. Resistance is at falling trend line on the...
USDJPY broke below the bottom support trend line of the rising price channel on the 4-hour chart, suggesting that consolidation for the uptrend from 106.48 is underway. Range trading between 108.03 and 108.93 would likely be seen...
AUDUSD broke above 0.6810 resistance, suggesting that the uptrend from 0.6670 has resumed. Further rise could be expected in a couple of days and next target would be at 0.6880 area. Near term support is at 0.6810,...
GBPUSD’s upside movement from 1.2195 extended to as high as 1.2989. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target...
EURUSD extended its upside movement from 1.0879 to as high as 1.1139. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
USDCAD moved sideways in a trading range between 1.3170 and 1.3239. The sideways movement is likely consolidation for the downtrend from 1.3347, further decline to 1.3100 area is still possible after the consolidation. Key resistance is at...
USDJPY stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 106.48. As long as the channel support holds, the upside movement could be expected to continue and next target would...
AUDUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 0.6810. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
GBPUSD extended its upside movement from 1.2195 to as high as 1.2876. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...
After consolidation, EURUSD broke above 1.1062 resistance and extended its upside movement from 1.0879 to as high as 1.1085. As long as the price is in the bullish price channel on the 4-hour chart, the upside movement...