EURUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.1183 had completed at 1.1323 already. Deeper decline could be expected after a minor consolidation and next target would be...
After touching 1.3283 support, USDCAD rebounded from 1.3274, suggesting that lengthier sideways movement is underway. Further rally would likely be seen in the a couple of days and the target would be at 1.3430 area.
USDJPY moved sideways in a narrow range between 111.84 and 112.16. As long as 111.84 support holds, the price action in the range could be treated as consolidation for the uptrend from 110.84, further rise towards 113.00...
AUDUSD’s upside movement from 0.7052 extended to as high as 0.7205. As long as the price is in the price channel on the 4-hour chart, the upside movement could be expected to continue and next target would...
GBPUSD formed a triangle pattern on the 4-hour chart. Resistance is at the upper border of the pattern, a breakout could trigger another bullish movement towards 1.3400. Key support is at 1.2960, a breakdown below this level...
EURUSD failed to break above 1.1323 resistance, suggesting that lengthier consolidation for the uptrend from 1.1183 is needed. However, as long as the price is above the bullish trend line on the 4-hour chart, the upside movement...
USDCAD failed to break above 1.3402 resistance and stayed in a trading range between 1.3283 and 1.3402. Another fall to test 1.3283 support would likely be seen in the coming days, a breakdown below this level could...
USDJPY broke above 112.09 resistance, suggesting that the upside movement from 110.84 has resumed. Further rise could be expected in a couple of days and next target would be at 113.00 area. Near term support is at...
AUDUSD moved sideways in a trading range between 0.7115 and 0.7192. As long as the price is in the rising price channel on the 4-hour chart, the price action in the range could be treated as consolidation...
GBPUSD failed to breakout of the upper trend line of the triangle pattern on the 4-hour chart and pulled back from 1.3132. Another fall to test 1.2960 key support would likely be seen in the coming days,...
