EURUSD broke above the top trend line of the price channel on the 4-hour chart, suggesting that the downside movement from 1.1746 had completed at 1.1301 already. Further rally would likely be seen in the coming days...
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.2961. Further rise could be expected and next target would be at 1.3250 area. Key support is at 1.3050, only...
USDJPY moved sideways in a trading range between 110.10 and 111.43. Support is at 110.10, a breakdown below this level could take the price to 109.00 area. Resistance is at 111.43, above this level would aim 112.00...
AUDUSD is facing 0.7283 resistance. A clear break of this level would indicate that the downside movement from 0.7453 had completed at 0.7202 already, then the pair would find next resistance level at around 0.7350. On the...
GBPUSD remains in the downtrend from 1.3213, the bounce from 1.2661 is likely consolidation for the downtrend. Further decline is still possible after the consolidation and next target would be at 1.2600. Key resistance is at 1.2827,...
EURUSD stays in a falling price channel on its 4-hour chart and remains in the downtrend from 1.1746. As long as the price is in the channel, the bounce from 1.1301 could be treated as consolidation of...
USDCAD’s upside movement from 1.2961 extended to as high as 1.3174. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target...
USDJPY broke below 110.80 support, suggesting that the short term uptrend from 110.10 had completed at 111.43 already. Further decline would likely be seen in the coming days and a breakdown below 110.10 support could take the...
AUDUSD remains in the downtrend from 0.7453, the bounce from 0.7202 is likely consolidation for the downtrend. As long as 0.7283 resistance holds, the downtrend could be expected to resume and further decline to 0.7100 area is...
GBPUSD extended its downside movement from 1.3213 to as low as 1.2661. As long as 1.2827 resistance holds, the downside movement could be expected to continue and next target would be at 1.2600 area. On the upside,...
