USDJPY remains in the downtrend from 114.54, the bounce from 112.82 is likely consolidation for the downtrend. Further decline is possible after the consolidation and next target would be at 112.00 area. Resistance levels are at 113.40...
AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 0.7314 had completed at 0.7041 already. Further rally would likely be seen in a couple of days and next target...
GBPUSD broke above 1.3132 resistance, suggesting that the upside movement from 1.2921 has resumed. Further rise could be expected in a couple of days and next target would be at 1.3250 area. Near term support is at...
EURUSD broke above the bearish price channel on the 4-hour chart. Further rally to test 1.1550 resistance is possible, a breakout of this level would indicate that the downside movement from 1.1815 had completed at 1.1432 already,...
USDCAD failed to break above the falling trend line on the 4-hour chart and pulled back from 1.3009. Near term support is at 1.2920, as long as this level holds, another rise to test the trend line...
USDJPY broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 110.38 had completed at 114.54 already. Further decline could be expected and next target would be at 112.00 area. Resistance...
AUDUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 0.7314. As long as the trend line resistance holds, the bounce from 0.7041 could be treated as consolidation for the...
GBPUSD remains in the uptrend from 1.2921, the pullback from 1.3132 is likely correction for the uptrend. A break of 1.3132 resistance could trigger another rise towards 1.3250. Near term support is at 1.3025, only a breakdown...
EURUSD extended its downside movement from 1.1815 to as low as 1.1460. As long as the price is in the bearish price channel on the 4-hour chart, the downside movement could be expected to continue and next...
USDCAD broke above 1.2930 resistance and extended its upside movement to as high as 1.2954. Further rally is still possible and next target would be at 1.3050 area. Near term support is at 1.2880, only a breakdown...
