GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6182, and the rise from 1.5590 could be treated as consolidation of the downtrend. Resistance is at the downward trend line on...
EURUSD remains in uptrend from 1.2358, the fall from 1.2599 could be treated as consolidation of the downtrend. Support is located at the rising trend line on 4-hour chart. As long as the trend line support holds,...
USDCAD is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will signal completion of the downtrend from 1.1466, then the following upward movement could bring price...
USDCHF’s downward movement from 0.9739 extended to as low as 0.9531. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.9500 area. Resistance is located...
USDJPY continued its upward movement from 105.32, and the rise extended to as high as 118.36. Near term support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the...
AUDUSD’s fall from 0.8795 extended to as low as 0.8585. Deeper decline to test 0.8540 would likely be seen, a breakdown below this level will indicate that the longer term downtrend from 0.8910 has resumed, then next...
GBPUSD remains in downtrend from 1.6182, the bounces from 1.5590 could be treated as consoliation of the downtrend. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would...
EURUSD’s upward movement from 1.2358 extended to as high as 1.2599. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.2650 area. However, a clear...
USDCAD’s downward movement from 1.1466 extended to as low as 1.1260. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.1200 area. However, a clear...
USDCHF remains in downtrend from 0.9739, as long as the trend line resistance holds, the rise from 0.9552 could be treated as consolidation of the downtrend. Further decline would likely be seen, and next target would be...
