EURUSD failed to break below the the bottom of the rising price channel on 4-hours chart and rebounded strongly from 1.0600, indicating that the pair remains in uptrend from 1.0494. As long as the pair stays in...
USDCAD stays in a ascending price channel on 4-hours chart, and remains in uptrend from 1.3009. As long as the channel support holds, the fall from 1.3535 could be treated as consolidation of the uptrend and further...
USDJPY stays in the rising price channel on 4-hours chart and remains in uptrend from 111.68. As long as the pair stays in the channel, the fall from 115.50 could be treated as consolidation of the uptrend...
AUDUSD remains in downtrend from 0.7740, the price action from 0.7542 is likely consolidation of the downtrend. Key resistance is at 0.7632, as long as the pair is below this level, the downtrend could be expected to...
GBPUSD continued its downward movement from 1.2569 and the fall extended to as low as 1.2109. Resistance is now at 1.2251, as long as this level holds, the downtrend could be expected to continue and next target...
EURUSD’s fall from 1.0714 extended to as low as 1.0600. Deeper decline to test the support of the ascending price channel on 4-hours chart is possible. A clear break below the channel support will confirm that the...
Under pressure by the resistance of 1.3598 (Dec 28, 2016 high), USDCAD pulled back from 1.3535. However, as long as the pair stays in the upward price channel on 4-hours chart, the fall from 1.3535 could be...
USDJPY remains in uptrend from 111.68, the fall from 115.50 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hours chart. As long as the price channel support...
AUDUSD stays in the descending price channel on 4-hour chart, and remains in downtrend from 0.7740. As long as the pair is in the channel, the downtrend could be expected to continue and further decline to 0.7400...
GBPUSD broke above the channel resistance, indicating that the downward movement from 1.2569 had completed at 1.2134 already. The pair is now in uptrend, further rise could be expected over the next several days, and next target...
