After touching the top of the price channel on 4-hour chart, EURUSD pulled back into the channel, indicating that the pair remains in downtrend from 1.0828. Another fall to test 1.0493 support would likely be seen and...
GBPUSD remains in downtrend from 1.2569, the rise from 1.2214 is likely consolidation of the downtrend. Resistance is at 1.2360, as long as this level holds, the downtrend could be expected to continue and next target would...
EURUSD failed to break below 1.0493 support and is now facing the channel resistance. As long as the pair stays in the channel, the price action from 1.0521 could be treated as consolidation of the downtrend from...
AUDUSD’s downward movement from 0.7740 extended to as low as 0.7542. Further decline is still possible after a minor consolidation, and next target would be at 0.7400 area. Resistance is at 0.7620, as long as this level...
USDJPY failed to break above 114.95 resistance, indicating that lengthier sideways consolidation in a range between 111.59 and 114.95 is underway. Another fall to test 111.59 support could be seen in a couple of days.
USDCAD continued its upward movement from 1.3009, and the rise extended to as high as 1.3436. Further rise could be expected after a minor consolidation and next target would be at 1.3500 zone.
USDCAD’s upward movement from 1.3009 extended to as high as 1.3401. Further rise could be expected after a minor consolidation, and next target would be at 1.3500 area. Support is at 1.3300, as long as this level...
USDJPY is facing 114.95 resistance, a break of this level will signal completion of the downtrend from 118.66 (Dec 15, 2016 high), then the following upward movement could bring price to 117.50 area. Support is at 113.45,...
AUDUSD broke below 0.7605 key support, indicating that the uptrend from 0.7159 (Dec 26, 2016 low) had completed at 0.7740 already. Further decline could be expected after a minor consolidation and next target would be at 0.7400...
GBPUSD’s downward movement from 1.2569 extended to as low as 1.2241. Further decline could be expected after a minor consolidation, and next target would be at 1.2100 area. Resistance is at 1.2340, as long as this level...
