EURUSD broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 1.1285 had completed at 1.1026 already. Further rally could be expected and next target would be at 1.1260 area. Near...
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3015. As long as the channel support holds, the pullback from 1.3265 could be treated as consolidation for the uptrend,...
USDJPY extended its downside movement from 109.31 to as low as 105.78. Further decline is still possible after consolidation and next target would be at 105.50 area. Near term resistance is at 106.75, above this level could...
AUDUSD extended its downside movement from 0.7081 to as low as 0.6747. Further decline is still possible after a minor consolidation and next target would be at 0.6730 area. Near term resistance is at 0.6805, above this...
GBPUSD moved sideways in a trading range between 1.2077 and 1.2249. As long as 1.2249 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2578, further decline towards 1.2000 area is still...
EURUSD is facing the resistance of the price channel on the 4-hour chart. A clear break above the channel resistance would indicate that the downside movement from 1.1285 had completed at 1.1026 already, then the pair would...
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3015. Further rise is still possible after a minor consolidation and next target would be at 1.3300 area. Near term...
USDJPY broke below 108.41 support, suggesting that the uptrend from 107.20 had completed at 109.31 already. Further decline could be expected and next target would be at 106.77 support. Resistance is at 107.90, a break of this...
AUDUSD’s downside movement from 0.7081 extended to as low as 0.6794. Further decline could be expected and next target would be at 0.6750 area. Key resistance is now at 0.6867, only break above this level could signal...
GBPUSD remains in the downtrend from 1.2578, the bounce from 1.2077 is likely consolidation for the downtrend. As long as 1.2249 resistance holds, the downtrend could be expected to continue and next target would be at 1.2000...
