EURUSD stays in a descending price channel on its 4-hour chart and remains in the downtrend from 1.2029. As long as the price is in the channel, the bounce from 1.1717 could be treated as consolidation of...
USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2061. As long as the price is above the trend line, the fall from 1.2519 could be treated as consolidation...
USDJPY remains in the uptrend from 107.31, the fall from 113.25 is likely consolidation of the uptrend. Range trading between 111.47 and 113.25 would likely be seen in a couple of days. As long as 111.47 support...
AUDUSD broke below 0.7807 key support and extended its downside movement from 0.8102 to as low as 0.7799, indicating that the uptrend from 0.7328 (May 9 low) had completed at 0.8124 already. Near term resistance is at...
GBPUSD extended its downside movement from 1.3652 to as low as 1.3342. Near term resistance is at the top trend line on the price channel on the 4-hour chart. As long as the channel resistance holds, the...
EURUSD remains in the downtrend from 1.2029, the bounce from 1.1717 is likely consolidation of the downtrend. Near term resistance is located at the top trend line of the price channel on the 4-hour chart, now at...
USDCAD extended its bullish movement from 1.2061 to as high as 1.2493, breaking above the top trend line of the price channel on the daily chart. Near term support is at the rising trend line on the...
USDJPY’s upside movement from 107.31 extended to as high as 113.25. Further rise could be expected and next target would be at 114.00 area. Key support is at 111.47, only a breakdown below this level would indicate...
AUDUSD is now facing the 0.7807 support, a breakdown below this level would confirm that the uptrend from 0.7328 (May 9 low) had completed at 0.8124 already, then the pair would find next support at the resistance-turned-support...
GBPUSD broke below the bullish trend line on the 4-hour chart, indicating that the upside movement from 1.2774 had completed at 1.3652 already. Further decline could be expected after a minor consolidation and next target would be...
