EURUSD broke above the falling price channel on its 4-hour chart, suggesting that the downside movement from 1.1996 had completed at 1.1510 already. Further rally would likely be seen and next target would be at 1.1800 area....
USDCAD broke below the bullish trend line on its 4-hour chart and dropped sharply to as low as 1.2835, suggesting that the upside movement from 1.2728 had completed at 1.3046 already. Further decline could be expected and...
USDJPY stays in a falling price channel on its 4-hour chart and remains in the downtrend from 111.39. As long as the channel resistance holds, the bounce from 108.11 could be treated as consolidation for the downtrend...
After breaking below the bottom of the price channel on the 4-hour chart, AUDUSD rebounded strongly from 0.7476, suggesting that the pair remains in the uptrend from 0.7412. Further rise could be expected in the coming days...
GBPUSD stays in the falling price channel on its 4-hour chart and remains in the downtrend from 1.3617. As long as the channel resistance holds, the bounce from 1.3204 could be treated as consolidation for the downtrend...
EURUSD is facing the resistance of the top trend line of the price channel on the 4-hour chart. A breakout of the channel resistance could bring the price back to test next resistance level at 1.1750. Above...
USDCAD stays above a rising trend line on its 4-hour chart and remains in the uptrend from 1.2728. As long as the trend line support holds, the upside movement could be expected to continue and next target...
USDJPY extended its downside movement from 111.39 to as low as 108.11. Further decline is still possible after a minor consolidation and next target would be at 107.00 area. Resistance is at the top trend line of...
AUDUSD broke below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the upside movement from 0.7412 had completed at 0.7605 already. Further decline could be expected in the coming days...
GBPUSD extended its downside movement from 1.3617 to as low as 1.3204. Resistance is at the top trend line of the price channel on the 4-hour chart. As long as the channel resistance holds, the downside movement...
