AUDUSD remains in the short term downtrend from 0.7712, the bounce from 0.7571 is likely consolidation of the downtrend. Another fall to test 0.7535 support is still possible after the consolidation. A breakdown below this level will...
GBPUSD stays below a descending trend line on its 4-hour chart and is in downtrend from 1.3029. As long as the price is below the trend line, the downward movement could be expected to continue and next...
EURUSD continued its sideways movement in a trading range between 1.1290 and 1.1445. The sideways movement is likely consolidation of the uptrend from 1.1118, another rise to test 1.1450 key resistance is still possible after the consolidation,...
After consolidation, USDCAD continued its bearish movement from 1.3347 and the fall extended to as low as 1.2859. Key resistance is at 1.3014, as long as this level holds, the downtrend could be expected to continue and...
USDJPY’s bullish movement from 108.81 extended to as high as 114.19. Near term support is at the bottom trend line on the price channel on its 4-hour chart, and the key support is at 112.74, only a...
AUDUSD remains in uptrend from 0.7328 (May 9 low), the fall from 0.7712 could be treated as consolidation of the uptrend. Key support is at 0.7535, as long as this support holds, the uptrend could be expected...
GBPUSD broke below 1.2893 support, suggesting that the uptrend from 1.2589 had completed at 1.3029 already. Further decline could be expected and next target would be at 1.2750 area. Near term resistance is at the downward trend...
EURUSD moved sideways in a trading range between 1.1290 and 1.1445. As long as the pair is above 1.1290 support, the sideways movement could be treated as consolidation of the uptrend from 1.1118 and further rise towards...
After breaking above the top trend line of the price channel on the 4-hour chart, USDCAD moved sideways in a trading range between 1.2912 and 1.3014, suggesting that consolidation for the downtrend from 1.3347 is underway. Further...
USDJPY continued its upside movement and the rise extended to as high as 113.83. Near term support is at 112.74, followed by the bottom trend line of the price channel on its 4-hour chart now at around...
