USDCAD failed to break below 1.2666 support and stayed in a trading range between 1.2666 and 1.2836. Further rise to test 1.2836 resistance would likely be seen. A breakout of this level could take price towards 1.2916...
USDJPY extended its downside movement from 114.73 to as low as 110.84. Near term resistance is at the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the downside movement could...
AUDUSD failed to settle above the top trend line of the price channel on the 4-hour chart, indicating that the pair remains in the downtrend from 0.7897, the bounce from 0.7532 could be treated as consolidation of...
GBPUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3039. As long as the channel support holds, the uptrend could be expected to continue and next target would be...
EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.1554. As long as the trend line support holds, the fall from 1.1961 could be treated as consolidation of the...
USDCAD is testing 1.2666 support. A breakdown below this level could signal resumption of the downtrend from 1.2916, then next target would be at 1.2600 area. Below here would aim 1.2433 support. Near term resistance is at...
USDJPY’s downside movement from 114.73 extended to as low as 111.06. As long as the price is below the falling trend line on its 4-hour chart, the bounce from 111.06 could be treated as consolidation of the...
AUDUSD is facing a resistance of the top trend line of the price channel on its 4-hour chart. As long as the channel resistance holds, the bounce from 0.7532 could be treated as consolidation of the downtrend...
GBPUSD extended its upside movement from 1.3039 to as high as 1.3359, breaking above 1.3337 key resistance. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be...
EURUSD extended its upside movement from 1.1554 to as high as 1.1944, breaking above 1.1879 key resistance, confirming that the downside movement from 1.2092 (Sep 8 high) had completed at 1.1554 already. Near term support is at...
