USDCAD broke above the falling trend line on the 4-hour chart, indicating that the short term downtrend from 1.2916 had completed at 1.2700 already. Further rally would likely be seen and a break of 1.2825 could take...
USDJPY moved sideways in a trading range between 112.95 and 114.73. The sideways movement is likely consolidation of the uptrend from 111.65. As long as the price is above 112.95 support, the uptrend could be expected to...
AUDUSD is facing 0.7624 support, a breakdown below this level could signal resumption of the downtrend from 0.7897 then further decline towards 0.7500 could be seen. Near term resistance is at 0.7670, a break of this level...
GBPUSD continued its sideways movement in a trading range between 1.3027 and 1.3337. Another rise towards 1.3337 resistance would likely be seen in the coming days. As long as this level holds, the sideways movement could be...
EURUSD extended its downside movement from 1.1879 to as low as 1.1554, breaking below 1.1574 support, suggesting that the downtrend has resumed. Further decline would likely be seen in a couple of days and next target would...
USDCAD is now in short term downtrend from 1.2916. Deeper decline is still possible after a minor consolidation and next target would be at the bullish trend line on the daily chart now at around 1.2625. Near...
USDJPY’s upside movement from 111.65 extended to as high as 114.73, the subsequent pullback is likely consolidation of the uptrend. Near term support is at the bottom support trend line of the price channel on the 4-hour...
AUDUSD failed to break below 0.7624 support and stayed in a trading range between 0.7624 and 0.7729. The price action in the range is likely consolidation of the downtrend from 0.8124 (Sep 8 high). As long as...
GBPUSD failed to break below 1.3027 support and stayed in the trading range between 1.3027 and 1.3337. Another rise towards 1.3337 resistance would likely be seen in the coming days. Above this level could take price to...
EURUSD is facing 1.1574 support. A breakdown below this level could signal resumption of the downtrend from 1.2092 (Sep 8 high), then next target would be at 1.1400 area. On the upside a breakout of 1.1690 level...
