EURUSD stays in a trading range between 1.1696 and 1.1832, and is now facing 1.1696 support. A breakdown below this level could signal resumption of the downtrend from 1.2092, then deeper decline to test 1.1662 key support...
USDCAD moved sideways in a trading range between 1.2416 and 1.2538. As long as the price is in the bullish price channel on the 4-hour chart, the sideways movement could be treated as consolidation of the uptrend...
USDJPY continued its sideways movement in a trading range between 112.21 and 113.25. As long as 112.21 support holds, the price action in the range could be treated as consolidation of the uptrend from 107.31, and further...
AUDUSD broke above 0.7860 resistance, indicating that the downtrend from 0.8102 had completed at 0.7785 already. Further rally could be expected in the coming days and next target would be at 0.7930, followed by 0.7986. However, as...
GBPUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3657. As long as the price is below the trend line, the downtrend could be expected to continue and next...
EURUSD moved out of the descending price channel on its 4-hour chart, indicating that lengthier consolidation for the downtrend from 1.2029 is underway. The price is expected to test 1.1832 resistance, above this level could signal completion...
USDCAD extended its upside movement from 1.2061 to as high as 1.2538. As long as the price is above the bullish trend line on the 4-hour chart, the uptrend could be expected to continue and next target...
USDJPY moved sideways in a trading range between 112.21 and 113.25. As long as the price is in the rising price channel on the 4-hour chart, the sideways move could be treated as consolidation of the uptrend...
AUDUSD broke above the top trend line of the price channel on its 4-hour chart, suggesting that the downside movement from 0.8102 is complete. Further rally to test 0.7860 resistance could be expected in the coming days....
GBPUSD’s downside movement from 1.3657 extended to as low as 1.3222. As long as the pair is below the bearish trend line on the 4-hour chart, the downside move could be expected to continue and next target...
