EURUSD broke below 1.1051 support and extended its downside movement from 1.1164 to as low as 1.1042. Deeper decline is still possible and next target would be at 1.1000 area. Resistance is at the falling trend line...
USDCAD is facing the resistance of the falling price channel on the 4-hour chart. A break of the channel resistance could signal resumption of the uptrend from 1.3015, then next target would be at 1.3400 area. On...
No changed in our view, USDJPY remains in the downtrend from 109.31, the bounce from 104.44 would possibly be consolidation for the downtrend, further decline to 104.00 area is still possible after the consolidation. Only break above...
AUDUSD formed a triangle pattern on its 4-hour chart. The triangle pattern is likely consolidation for the downtrend from 0.7081, a breakdown below the bower border of the pattern could take the price to 0.6600 area. On...
GBPUSD broke below the rising trend line on the 4-hour chart, suggesting that the short term uptrend from 1.2014 had completed at 1.2309 already. Deeper decline could be expected in the coming days and next target would...
EURUSD extended its downside movement from 1.1164 to as low as 1.1073. As long as 1.1097 resistance holds, the downside movement could be expected to continue and next target would be at 1.1050 support. On the upside,...
USDCAD stays in a falling price channel on the 4-hour chart and remains in the short term downtrend from 1.3345. As long as the price is in the channel, the downside movement could be expected to continue...
USDJPY remains in the downtrend from 109.31, the bounce from 104.44 is likely consolidation for the downtrend. As long as 107.08 key resistance holds, the downside movement could be expected to resume, further decline to 104.00 area...
AUDUSD moved sideways in a trading range between 0.6677 and 0.6821. As long as 0.6821 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 0.7081, one more fall to 0.6600 is still...
GBPUSD extended its upside movement from 1.2014 to as high as 1.2309. 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...
