EURUSD moved sideways in a triangle pattern on the 4-hour chart. The triangle pattern is likely consolidation for the downtrend from 1.2555 (Feb 16 high), a breakdown below the bottom support trend line of the triangle pattern...
USDCAD extended its downside movement from 1.3289 to as low as 1.2981. 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...
USDJPY broke above 111.54 resistance, suggesting that the downside movement from 113.17 had completed at 110.58 already. Further rally is still possible and next target would be at 112.40 area. Support is at 111.25, only break below...
AUDUSD continued its sideways movement in a trading range between 0.7310 and 0.7483. Another fall towards 0.7330 is possible in the coming days. Resistance is at the falling trend line on the 4-hour chart, a clear break...
GBPUSD moved sideways in a trading range between 1.3070 and 1.3213. As long as 1.3070 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.2957 and another rise towards 1.3300 could be...
EURUSD continued its sideways movement in a triangle pattern on its 4-hour chart. Resistance is at the top trend line of the pattern, a clear break above could take the price to 1.1900 area, followed by 1.2000....
USDCAD extended its downside movement towards 1.2994. As long as the price is in the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next target would be at 1.2900...
USDJPY continued its sideways movement in a trading range between 110.58 and 111.54. Resistance is at 111.54, as long as this level holds, the sideways movement could be treated as consolidation for the downtrend from 113.17 and...
AUDUSD moved sideways in a trading range between 0.7310 and 0.7483. Another fall towards 0.7300 would likely be seen in a couple of days. Near term resistance is at 0.7425, only break above this level could trigger...
GBPUSD failed to break below 1.3070 support and stayed in a trading range between 1.3070 and 1.3213. As long as 1.3070 support holds, the price action in the range could be treated as consolidation for the uptrend...
