EURUSD moved sideways in a trading range between 1.1662 and 1.1909. The sideways movement could be treated as consolidation of the uptrend from 1.0569 (Apr 10 low), and deeper decline towards the bottom support trend line of...
USDCAD stays below a bearish trend line on its 4-hour chart and remains in the downtrend from 1.2778. As long as the price is below the trend line, the downtrend could be expected to continue and next...
USDJPY is in downtrend from 110.94, the bounce from 108.60 could be treated as consolidation of the downtrend. Resistance is at 109.59, as long as this level holds, the downtrend could be expected to continue and further...
AUDUSD is facing 0.7962 resistance. A break above this level could signal resumption of the uptrend from 0.7807, then further rise to test 0.8065 resistance could be seen. Support levels are at 0.7870 and 0.7807, only break...
GBPUSD broke above the top trend line of the price channel on its 4-hour chart and is now facing 1.2915 resistance. A break of this level will indicate that the downside movement from 1.3267 had completed at...
EURUSD broke above the top trend line of the price channel on its 4-hour chart, suggesting that the downside movement from 1.1909 had completed at 1.1662 already. Further rise to test 1.1909 resistance is possible, a break...
USDCAD is now in short term downtrend from 1.2778. Deeper decline to test 1.2413 support is possible in the coming days. A breakdown below this level will indicate that the downtrend from 1.3793 (May 5 high) has...
USDJPY broke below 108.73 support, indicating that the downtrend from 114.49 has resumed. Further decline to test 108.13 (Apr 17 low) support is possible in a couple of days. Key resistance is at 110.94, only break above...
AUDUSD is now in uptrend from 0.7807, the fall from 0.7962 is likely correction of the uptrend. A break of 0.7962 resistance will signal resumption of the uptrend, then next target would be at 0.8050 area. Support...
GBPUSD extended its downside movement to as low as 1.2831, facing the support at 1.2811. Near term resistance is at the top trend line of the price channel on its 4-hour chart, followed by 1.2915. As long...
