EURUSD moved sideways in a triangle pattern on its 4-hour chart. A breakout of the upper line of the pattern could take the price to 1.1600 area. On the downside, a breakdown below the bottom support line...
USDCAD’s upside movement from 1.3159 extended to as high as 1.3400. Further rise is still possible after a minor consolidation and next target would be at 1.3450 area. Near term support is at 1.3330, a breakdown below...
USDJPY stays in a falling price channel on the 4-hour chart and remains in the downtrend from 114.03. As long as the channel resistance holds, the bounce from 112.57 could be treated as consolidation for the downtrend...
AUDUSD extended its downside movement from 0.7393 to as low as 0.7224. Further decline is still possible and next target would be at 0.7200, followed by 0.7150. Near term resistance is at 0.7270, a break of this...
GBPUSD remains in the downtrend from 1.3174. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next target would be at 1.2500...
EURUSD formed a triangle pattern on its 4-hour chart. Support is at the bottom trend line of the pattern, a breakdown below this trend line could signal resumption of the downtrend from 1.1815 (Sep 24 high), then...
USDCAD broke above 1.3250 resistance, suggesting that the short term downtrend from 1.3359 had completed at 1.3159 already. Further rise could be expected and next target would be at 1.3350 area. Support is at 1.3159, only a...
USDJPY broke below 113.19 support and extended its downside movement from 114.03 to as low as 112.57. Further decline is still possible and next target would be at 112.00 area. Resistance is at 113.20, as long as...
AUDUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 0.7199 had completed at 0.7393 already. Further decline could be expected and next target would be at 0.7260, followed by...
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3174. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
