USDCAD remains in the downtrend from 1.3347, the bounce from 1.3170 is likely consolidation for the downtrend. Range trading between 1.3170 and 1.3260 would likely be seen in a couple of days. Resistance is at 1.3260, as...
USDJPY extended its upside movement from 106.48 to as high as 108.89. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...
AUDUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 0.6670 had completed at 0.6810 already. Deeper decline could be expected and next target would be at 0.6650 area. Near...
GBPUSD broke above 1.2707 resistance and extended its upside movement from 1.2195 to as high as 1.2799. The upside movement could be expected to continue after a minor consolidation and next target would be at 1.2900 area....
EURUSD failed to break below the bottom of the price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.0879. Further rise could be expected in the coming days and next target...
USDCAD is in consolidation for the downtrend from 1.3347, range trading between 1.3170 and 1.3260 would likely be seen in a couple of days. As long as 1.3260 resistance holds, the downtrend could be expected to resume,...
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 106.48. Further rise towards 109.00 is still possible. On the downside, a breakdown below the channel support would indicate that...
AUDUSD remains in the uptrend from 0.6670, the pullback from 0.6810 is likely consolidation for the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be...
GBPUSD moved sideways in a trading range between 1.2516 and 1.2707. As long as 1.2516 support holds, the sideways movement could be treated as consolidation for the uptrend, further rise to 1.2900 area is still possible. On...
EURUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.0879. As long as the price is in the channel, the upside movement could be expected to continue and next...
