EURUSD is facing the bottom support trend line of the triangle pattern on the 4-hour chart, below this trend line support could trigger further downside movement towards 1.1200. Near term resistance is at 1.1350, a break of...
USDCAD is facing 1.3444 resistance, a break of this level could trigger further upside movement towards 1.3500 area. Support is at 1.3300, a breakdown below this level could bring the price back towards 1.3200 area.
USDJPY broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 114.03 had completed at 112.23 already. Further rise would likely be seen and next target would be at 114.00 area....
AUDUSD moved sideways in a trading range between 0.7178 and 0.7241. As long as 0.7241 resistance holds, the bounce from 0.7178 could be treated as consolidation for the downtrend from 0.7393, further decline could be expected after...
GBPUSD dropped sharply to as low as 1.2506. Further decline is still possible and next target would be at 1.2400 area. Near term resistance is at 1.2600, a break of this level could bring the price back...
After touching the top trend line of the triangle pattern on the 4-hour chart, EURUSD pulled back from 1.1442, suggesting that lengthier sideways movement is underway. Deeper decline towards the bottom trend line of pattern would likely...
USDCAD broke below 1.3330 support, suggesting that the short term uptrend from 1.3159 had completed at 1.3444 already. Deeper decline is still possible and next target would be at 1.3200 area. Near term resistance is at 1.3350,...
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 downside movement could be expected to continue and next target would...
AUDUSD extended its downside movement from 0.7393 to as low as 0.7178. Further decline is still possible and next target would be at 0.7100 area. Near term resistance is at 0.7241, a break of this level would...
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 be...
