USDCAD broke above the falling trend line on the 4-hour chart, indicating that the short term downtrend from 1.2916 had completed at 1.2666 already. Further rally to test 1.2819 resistance would likely be seen in the coming...
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the short term downtrend from 114.73 is complete. Another rise to test 114.73 resistance would likely be seen in the coming days. A breakout...
AUDUSD broke below 0.7624 support, indicating that the downtrend from 0.7897 has resumed. Further decline could be expected in the coming days, and next target would be at 0.7500 area. Near term resistance is at 0.7670, only...
GBPUSD is facing 1.3027 support once again. A breakdown below this level could indicate that the downtrend from 1.3657 has resumed, then further decline towards 1.2774 support could be seen. Near term resistance is at 1.3229, a...
EURUSD is facing 1.1690 resistance. A breakout of this level will indicate that lengthier consolidation for the downtrend from 1.2092 (Sep 8 high) is underway, then further rise towards the falling trend line on the 4-hour chart...
USDCAD extended its downside movement from 1.2916 to as low as 1.2666, facing the bullish trend line on its daily chart. Near term resistance is at the falling trend line on the 4-hour chart. As long as...
USDJPY stays below a falling trend line on its 4-hour chart and remains in short term downtrend from 114.73. As long as the price is below the trend line, the downtrend could be expected to continue and...
AUDUSD stays in a trading range between 0.7624 and 0.7729. As long as 0.7729 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 0.7897, and a breakdown below 0.7624 support could trigger...
GBPUSD continued its sideways movement in a trading range between 1.3027 and 1.3337. Near term support is at 1.3027, a breakdown below this level could signal resumption of the downtrend from 1.3657, then the following downside movement...
EURUSD continued its sideways movement in a trading range between 1.1554 and 1.1690, and is now facing 1.1690 resistance. As long as this level holds, the price action in the range could be treated as consolidation of...