EURUSD broke below the rising trend line on the 4-hour chart, suggesting that the short term uptrend from 1.1303 had completed at 1.1570 already. Deeper decline would likely be seen and next target would be at 1.1400...
USDCAD is in consolidation for the downtrend from 1.3664. Range trading between 1.3179 and 1.3322 would likely be seen in a couple of days. As long as 1.3322 resistance holds, the downtrend could be expected to resume...
USDJPY is now in the short term downtrend from 109.08. Further decline could be expected after correction and next target would be at 106.50 area. Key resistance is at 109.08, a break of this level could trigger...
AUDUSD continued its upside movement from 0.6765 and the rise extended to as high as 0.7204. Further rise is still possible after a minor consolidation and next target would be at 0.7300 area. Near term support is...
GBPUSD moved sideways below the key resistance at 1.2814. A break of this level could trigger further upside movement towards 1.2900. Near term support is at 1.2705, below this level could bring the price back to 1.2550...
EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.1303. As long as the trend line support holds, the pullback from 1.1570 could be treated as consolidation for the...
USDCAD continued its downside movement from 1.3664 and the fall extended to as low as 1.3179. Further decline is still possible and next target would be at 1.3100 area. Near term resistance is at 1.3250, above this...
After touching the bearish trend line on the 4-hour chart, USDJPY pulled back from 109.08, suggesting that the pair remains in the downtrend from 1113.70. Further decline could be expected in a couple of days and next...
AUDUSD’s upside movement from 0.6765 extended to as high as 0.7193. Near term support is at 0.7100, as long as this level holds, the upside movement could be expected to continue and next target would be at...
GBPUSD is facing 1.2814 resistance once again, a breakout of this level could trigger further upside movement towards 1.2900. Near term support is at 1.2705, below this level could bring the price back to 1.2550 area.
