AUDUSD broke below 0.7672 support, indicating that the downtrend from 0.7916 has resumed. Further decline would likely be seen in a couple of days, and next target would be at 0.7600 area. Resistance is now at 0.7700,...
GBPUSD broke below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the upside movement from 1.3711 had completed at 1.4244 already. Further decline would likely be seen in the coming...
EURUSD broke below the channel support and extended its downside movement from 1.2476 to as low as 1.2300. Further decline could be expected and next target would be at 1.2239 support. Below this level could take price...
USDCAD failed to break below 1.2803 support and rebounded from 1.2814. A breakout of 1.2948 resistance would confirm that the downside movement from 1.3124 had completed at 1.2814 already, then next target would be at 1.3000, followed...
USDJPY is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 104.63 could be treated as consolidation for the short term downtrend from...
AUDUSD is facing 0.7672 support, a breakdown below this level could signal resumption of the downtrend from 0.7916, then further decline towards 0.7600 could be seen. The key resistance is at 0.7785, a break of this level...
GBPUSD failed its attempt to break below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.3711 and the fall from 1.4244 could be...
EURUSD stays in a bullish price channel on its 4-hour chart, suggesting that the pair remains in the short term uptrend from 1.2239. As long as the channel support holds, the fall from 1.2476 could be treated...
USDCAD is testing 1.2803 support. A breakdown below this level would indicate that the uptrend from 1.2247 (Jan 31 low) had completed at 1.3124 already, then deeper decline towards 1.2650 support could be seen. On the upside,...
USDJPY broke above 105.60 resistance, suggesting that the short term downtrend from 107.29 had completed at 104.63 already. Further rally is still possible in the coming days and the target would be at 106.00 area, followed by...
