AUDUSD broke above the bearish price channel on the 4-hour chart, suggesting that the short term downtrend from 0.7159 had completed at 0.7020 already. Further rally would likely be seen and next target would be at 0.7150...
GBPUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3257, the bounce from 1.2776 is likely consolidation of the downtrend. As long as the trend line resistance holds, the...
EURUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.1622. As long as the trend line resistance holds, the bounce from 1.1335 could be treated as consolidation of the...
USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the uptrend could be expected to continue and next target would...
USDJPY moved sideways in a trading range between 111.62 and 112.88. Support is at 111.62, a breakdown below this level could trigger further downside movement towards 111.00. Resistance is at 112.88, above this level would aim 113.50.
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7159. Deeper decline to test 0.7041 support is still possible and a breakdown below this level could trigger further downside...
GBPUSD extended its downside movement from 1.3257 to as low as 1.2795. Further decline is still possible after a minor consolidation and next target would be at 1.2700 area. Key resistance is located at the bearish trend...
EURUSD extended its downside movement from 1.1622 to 1.1355 area. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next target would...
USDCAD rebounded strongly from 1.2969 after touching the bullish trend line on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.2782. As long the price is above the trend line, the fall from...
USDJPY is now in the downtrend from 112.88. Further decline is possible in the coming days and a breakdown below 111.62 support could take the price to 111.00 area. Resistance is at 112.30, a break of this...
