GBPUSD broke above the downward trend line on 4-hour chart, indicating that lengthier consolidation of the downtrend from 1.6182 (Oct 28 high) is underway. Range trading between 1.5541 and 1.5825 could be seen over the next several...
EURUSD failed to break above the downward trend line on 4-hour chart, indicating that the pair remains in downtrend from 1.2599, and the rise from 1.2247 could be treated as consolidation of the downtrend. As long as...
USDCAD’s upward movement from 1.1191 extended to as high as 1.1493. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.1600 area. Key support is...
USDCHF stays above the rising trend line on 4-hour chart, and remains in uptrend from 0.9531. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
USDJPY remains in uptrend from 117.23, the fall from 121.84 is likely consolidation of the uptrend. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.8795. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
GBPUSD is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that lengthier consolidation for the downtrend from 1.6182 (Oct 28 high) is needed, then...
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.2599. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
USDCAD broke above 1.1466 resistance. Further rise could be expected, and next target would be at 1.1600 area. Near term support is at the rising trend line on 4-hour chart, and the key support is at 1.1313,...
USDCHF’s upward movement from 0.9531 extended to as high as 09799. Further rise could be expected, and next target would be at 1.0000 area. Support is now located at the upward trend line on 4-hour chart, as...
