EURUSD is facing 1.1341 resistance. As long as this level holds, the price action in the trading range between 1.1234 and 1.1341 could be treated as consolidation for the downtrend from 1.1514, another fall towards 1.1100 is...
USDCAD is facing 1.3195 support, a breakdown below this level would indicate that the upside movement from 1.3068 had completed at 1.3339 already, then another fall towards 1.3100 could be seen. On the upside, as long as...
USDJPY stays in a bullish price channel on the 4-hour chart. As long as the price is in the channel, the fall from 111.12 could be treated as consolidation for the uptrend from 108.49, and further rise...
AUDUSD broke above 0.7135 resistance. Further rally is still possible and next target would be at 0.7200 area. Near term support is at 0.7110, a break below this level could bring the price back to test 0.7054...
GBPUSD is facing the resistance of the falling price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.2772 could be treated as consolidation for the downtrend from 1.3217, further decline...
EURUSD is in consolidation for the downtrend from 1.1514. Range trading between 1.1234 and 1.1341 would likely be seen in a couple of days. As long as 1.1341 resistance holds, the downtrend could be expected to resume...
USDCAD broke above 1.3329 resistance, suggesting that the upside movement from 1.3068 has resumed. Further rise could be expected in the coming days and next target would be at 1.3450 area. Key support is at 1.3195, only...
USDJPY remains in the uptrend from 108.49, the pullback from 111.12 is likely consolidation for the uptrend. As long as the price is in the bullish price channel on the 4-hour chart, the upside movement could be...
AUDUSD remains in the short term uptrend from 0.7054, the pullback from 0.7135 is likely correction for the uptrend. Another rise could be expected after the correction and the target would be at 0.7180 area. Support is...
GBPUSD extended its downside movement from 1.3217 to as low as 1.2772. Further decline could be expected in the coming days and next target would be at 1.2700 area. Near term resistance is at 1.2850, a break...
