EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1285. As long as the channel resistance holds, the bounce from 1.1026 could be treated as consolidation for the downtrend....
USDCAD broke above 1.3198 resistance and extended its upside movement from 1.3015 to as high as 1.3218. Further rise could be expected and next target would be at 1.3300 area. Key support is at 1.3104, only break...
USDJPY extended its upside movement from 107.20 to as high as 109.31, breaking above 108.99 resistance. Further rise could be expected after a minor consolidation and next target would be at 110.00 area. Key support is at...
AUDUSD extended its downside movement from 0.7081 to as low as 0.6827, breaking below 0.6831 support. Further decline is still possible after a minor consolidation and next target would be at 0.6800 area. Key resistance is at...
GBPUSD’s downside movement from 1.2578 extended to as low as 1.2100. As long as 1.2249 resistance holds, the downtrend could be expected to continue and next target would be at 1.2050 area, only break above 1.2249 resistance...
EURUSD extended its downside movement from 1.1412 to as low as 1.1033. Further decline is still possible after a minor consolidation and next target would be at 1.1000 area. Resistance is at 1.1080, as long as this...
USDCAD moved sideways in a trading range between 1.3114 and 1.3198. As long as 1.3114 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.3015, further rise to 1.3250 area is still...
USDJPY failed to break above 108.99 resistance and pulled back from 108.94. However, as long as 108.41 support holds, the pullback could be treated as consolidation for the uptrend from 107.20, further rise to 109.50 area is...
AUDUSD extended its downside movement from 0.7081 to as low as 0.6862. The subsequent bounce is likely consolidation for the downtrend. Range trading between 0.6862 and 0.6916 would likely be seen over the next several days. As...
GBPUSD extended its downside movement from 1.2578 to as low as 1.2119. Further decline is still possible after a minor consolidation and next target would be at 1.2050 area. Resistance is at 1.2260, only break above this...
