AUDUSD moved sideways in a trading range between 0.7522 and 0.7605. As long as 0.7522 support holds, the sideways movement could be treated as consolidation for the uptrend from 0.7412, and one more rise towards 0.7700 is...
GBPUSD extended its downside movement from 1.3617 to as low as 1.3291. Near term resistance is at the top trend line of the price channel on the 4-hour chart. As long as the channel resistance holds, the...
EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1996. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
USDCAD is facing 1.2924 resistance once again. A breakout of this level could take the price to next resistance level at 1.2997. Above here would aim 1.3100 area. Near term support is at 1.2820, a breakdown below...
USDJPY’s downside movement from 111.39 extended to as low as 108.95. Further decline is still possible after a minor consolidation and next target would be at 108.00 area. Resistance is now at 110.10, only a breakout of...
AUDUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 0.7412. As long as the channel support holds, the upside movement could be expected to continue and next target would...
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3617. As long as the channel resistance holds, the bounce from 1.3304 could be treated as consolidation for the downtrend....
EURUSD extended its downside movement from 1.1996 to as low as 1.1675. Near term resistance is at the top trend line of the price channel on the 4-hour chart. As long as the channel resistance holds, the...
USDCAD failed in its attempt to breakout of 1.2924 resistance and stayed in the trading range between 1.2728 and 1.2924. The price action in the trading range is likely consolidation for the downtrend from 1.2997 and another...
USDJPY extended its downside movement from 111.39 to as low as 109.44. Further decline could be expected after a minor consolidation and next target would be at 108.50 area. Resistance is at 110.50, only a breakout of...
