EURUSD remains in the downtrend from 1.1448, the bounce from 1.1183 is likely consolidation for the downtrend. Key resistance is at 1.1254, as long as this level holds, the downtrend could be expected to resume, further decline...
USDCAD moved sideways in a trading range between 1.3295 and 1.3373. As long as 1.3373 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3450, further decline to 1.3250 area is still...
USDJPY extended its upside movement from 109.70 to as high as 111.57. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 112.00 area. Key...
AUDUSD is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 0.7052 could be treated as consolidation for the downtrend from 0.7168, one...
GBPUSD broke above 1.3149 resistance, suggesting that lengthier sideways movement in a trading range between 1.2960 and 1.3381 is underway. Another rise towards 1.3300 could be expected in the coming days. Near term support is at 1.3100,...
EURUSD broke above the bearish price channel on the 4-hour chart, suggesting that the downside movement from 1.1448 had completed at 1.1183 already. Further rally could be expected in the coming days and next target would be...
USDCAD remains in the downtrend from 1.3450, the bounce from 1.3297 could be treated as consolidation for the downtrend. Deeper decline could be expected in a couple of days and next target would be at 1.3250 area....
USDJPY stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 109.70. Further rise could be expected and next target would be at 112.00 area. Only a clear break below the...
AUDUSD broke below 0.7056 support, suggesting that the upside movement from 0.7003 had completed at 0.7168 already. Further decline could be expected in the coming days and next target would be at 0.7000 area. Resistance is located...
GBPUSD is facing 1.3149 resistance, a breakout of this level could trigger another rise towards 1.3300. On the other side, as long as 1.3149 resistance holds, another fall to test 1.2960 support is still possible, below here...
