GBPUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend from 1.3445 could be expected to resume, and further decline to 1.2900 area is...
EURUSD moved sideways in a narrow range between 1.1198 and 1.1285. As long as 1.1285 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.1326, and further decline to...
USDCAD’s upward movement from 1.2822 extended to as high as 1.3208. Further rise could be expected after a minor consolidation, and next target would be at 1.3400 area. Support level is now at 1.3125, as long as...
USDJPY’s bounce from 101.20 can reach 103.35 only, the subsequent fall indicate that the pair remains in downtrend from 104.31. Further decline to 100.00 area would likely be seen over the next several days. Resistance is now...
AUDUSD remains in downtrend from 0.7731, the rise from 0.7441 is likely consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 0.7200 area. Resistance is at 0.7530, only break...
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3445. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
EURUSD is in downtrend from 1.1326, the rise from 1.1198 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.1000 area. Near term resistance is at 1.2385,...
USDCAD broke above 1.3147 resistance. Further rise could be expected over the next several days, and next target would be at 1.3400 area. Support is at 1.3020, as long as this level holds, the uptrend will continue.
USDJPY broke above 103.05 resistance indicating that the uptrend from99.52 has resumed. Further rise to test 104.31 resistance could be seen, a break of this level could bring price to 106.00 zone. Support is at 101.20, only...
AUDUSD broke below 0.7489 support and reached as low as 0.7441. Further decline could be expected over the next several days, and next target would be at 0.7200 area. Resistance is at 0.7570, as long as this...
