GBPUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.2774. As long as the channel resistance holds, the rise from 1.2202 could be treated as consolidation of the downtrend, and further...
EURUSD remains in downtrend from 1.1299 (Nov 9, 2016 high), the rise from 1.0352 could be treated as consolidation of the downtrend. Resistance is at 1.0700, as long as this level holds, the downtrend could be expected...
USDCAD’s upward movement from 1.3080 extended to as high as 1.3580. Further rise is still possible after a minor consolidation, and next target would be at 1.3700 area. Support is at 1.3471, only break below this level...
USDJPY moved sideways in a narrow range between 116.54 and 118.66. As long as 116.54 support holds, the price action in the range could be treated as consolidation of the uptrend from 101.18, and further rise to...
AUDUSD remains in downtrend from 0.7524, the rise from 0.7159 is likely consolidation of the downtrend. Resistance is at 1.7280, as long as this level holds, the downtrend could be expected to continue, and next target would...
GBPUSD remains in downtrend from 1.2774, the rise from 1.2228 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 channel resistance holds,...
EURUSD continued its sideways movement in a rang between 1.0352 and 1.0500. As long as 1.0500 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.1299 (Nov 9 high) and another fall...
USDCAD continued its upward movement from 1.3080 and the rise extended to as high as 1.3446. Near term support is at the upward trend line on 4-hour chart. As long as the trend line support holds, the...
AUDUSD’s downward movement from 0.7524 extended to as low as 0.7219. Near term resistance is at 0.7280, as long as this level holds, the downtrend could be expected to continue, and next target would be at 0.7000...
EURUSD moved sideways in a trading range between 1.0352 and 1.0479. As long as 1.0500 resistance holds, the price action in the range could be treated as consolidation of the downtrend and further decline to 1.0200 area...
