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.
EURUSD extended its upside movement from 1.1303 to as high as 1.1561, breaking above 1.1500 resistance. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected...
USDCAD’s downside movement from 1.3664 extended to as low as 1.3241. Further decline is still possible and next target would be at 1.3200 area. Resistance is at 1.3330, above this level could bring the price back to...
USDJPY is testing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 105.05 would possibly be consolidation for the downtrend from 113.70, another fall...
AUDUSD extended its upside movement from 0.6765 to as high as 0.7171. Further rise is still possible and next target would be at 0.7300 area. Near term support is at 0.7100, a breakdown below this level could...
GBPUSD failed to break above 1.2814 resistance and pulled back from 1.2796. However, another rise to test this resistance is possible after a minor consolidation, above here would aim 1.2900 area. Support is at 1.2700, below this...
