EURUSD broke above the resistance of the descending price channel on 4-hour chart, indicating that the downtrend from 1.0905 had completed at 1.0569 already. Further rise could be expected and next target would be at 1.0700 area....
USDCAD remains in downtrend from 1.3455. Further decline is possible in a couple of days, and next target would be at 1.3200 area. Resistance is at 1.3380, as long as this level holds, the downtrend will continue.
USDJPY broke below 110.11 support and continued its downward movement from 115.50. Further decline could be expected in a couple of days, and next target would be at 108.00 area. Key resistance is now at 111.57, only...
AUDUSD’s downward movement from 0.7679 extended to as low as 0.7473. Further decline could be expected after a minor consolidation and next target would be at 0.7400 area. Near term resistance is at the top of the...
GBPUSD is now in downtrend from 1.2615, the price action from 1.2376 could be treated as consolidation of the downtrend. Another fall could be expected after the consolidation and next target would be at 1.2200 area. Resistance...
EURUSD remains in downtrend from 1.0905, the bounce from 1.0569 is likely consolidation of the downtrend. Near term resistance is at the top of the price channel on 4-hour chart. As long as the pair is in...
USDCAD is now in downtrend from 1.3455. Further decline could be expected in a couple of days and next target would be at 1.3200 area. Resistance is at 1.3380, as long as this level holds, the downtrend...
USDJPY continued its sideways movement in a range between 110.11 and 112.19. Resistance is at 112.19, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 115.50 and further...
AUDUSD remains in downtrend from 0.7679. Further decline could be expected after a minor consolidation and next target would be at 0.7400 area. Near term resistance is at the descending trend line on 4-hour chart, as long...
GBPUSD broke out below the lower line of the triangle pattern on 4-hour chart, indicating that the upward movement from 1.2109 had completed at 1.2615 already. The pair is now in downtrend, further decline could be expected...
