EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1323. As long as the channel resistance holds, the bounce from 1.1226 could be treated as consolidation for the downtrend,...
USDCAD failed to break above 1.3402 and stayed in the trading range between 1.3274 and 1.3402. Another fall towards 1.3250 would likely be seen in the coming days. Only break above 1.3402 resistance could trigger another rise...
USDJPY moved sideways in a narrow range between 111.76 and 112.16. As long as 111.76 support holds, the price action in the range could be treated as consolidation for the uptrend from 110.84, further rise to 113.00...
AUDUSD is now in the downtrend from 0.7205. Further decline would likely be seen in a couple of days and next target would be at 0.7080 area. Resistance is at 0.7170, only break above this level could...
GBPUSD extended its downside movement from 1.3381 to as low as 1.2978, facing 1.2960 key support, a breakdown below this level could trigger further downside movement towards 1.2800. Resistance is located at the bearish trend line on...
EURUSD is now in the downtrend from 1.1323, the bounce from 1.1226 is likely consolidation for the downtrend. Further decline could be expected and next target would be at 1.1200 area. Resistance is at 1.1260, only a...
USDCAD is facing 1.3402 resistance again, a break of this level could trigger further upside movement towards 1.3450. Near term support is at 1.3350, a breakdown below this level could bring the price back towards 1.3300.
USDJPY remains in the uptrend from 110.84, the sideways movement in the trading range between 111.76 and 112.16 could be treated as consolidation for the uptrend. A break of 112.16 resistance would indicate that the uptrend has...
AUDUSD broke below the bottom support trend line on the rising price channel on the 4-hour chart. Deeper decline could be expected in the coming days and next target would be at 0.7050 area. Resistance is at...
GBPUSD is facing 1.2960 support once again. A breakdown below this level could trigger further downside movement towards 1.2800. Near term resistance is at 1.3030, a break of this level could take the price back to 1.3080...
