USDCAD broke above the falling price channel on the 4-hour chart, suggesting that the uptrend from 1.3015 has resumed. Further rise could be expected over the next several days and next target would be at 1.3400 area....
USDJPY stays in a rising price channel on the 4-hour chart and remains in the short term uptrend from 104.44. As long as the channel support holds, the upside movement could be expected to continue and next...
AUDUSD is forming a triangle pattern on the 4-hour chart. The triangle pattern is likely consolidation for the downtrend from 0.7081, a breakdown below the lower border of the triangle pattern could trigger further downside movement to...
GBPUSD’s downside movement from 1.2309 extended to as low as 1.2136. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next target...
EURUSD extended its downside movement from 1.1164 to as low as 1.0963, breaking below 1.1026 support. Further decline is still possible after a minor consolidation and next target would be at 1.0900 area. Near term resistance is...
USDJPY is facing 106.97 resistance, a break above this level could trigger further upside movement towards the falling trend line on the daily chart. On the downside, as long as the trend line resistance holds, the downtrend...
USDCAD is testing the resistance of the falling price channel on the 4-hour chart. As long as the channel resistance holds, the downside movement from 1.3345 could be expected to continue and next target would be at...
USDJPY extended its upside movement from 104.44 to as high as 106.68. Further rise to test 107.08 resistance is possible, a break of this level could trigger further upside movement to 108.00 area. Support is at 106.10,...
AUDUSD is facing the support of the lower border of the triangle pattern on the 4-hour chart, a breakdown below could take the price to 0.6600 area. On the other side, a breakout of the upper border...
GBPUSD is now in the downtrend from 1.2309, further decline would likely be seen in a couple of days and next target would be at 1.2060, followed by 1.2000. Resistance is at 1.2250, above this level could...
