AUDUSD is forming a sideways movement in a range between 0.8642 and 0.8898. As long as 0.8898 resistance holds, the sideways move could be treated as consolidation of the downtrend from 0.9401, another fall to 0.8400 area...
GBPUSD moved sideways in a range between 1.5874 and 1.6226. As long as 1.6226 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.6524, and another fall to 1.5600 area could be...
EURUSD’s downward movement from 1.2867 extended to as low as 1.2613. Further decline to test 1.2500 support could be expected, a breakdown below this level will indicate that the longer term downtrend from 1.3700 (Jul 1 high)...
After touching the channel support, USDCAD rebounded from 1.1183 indicating that the pair remains in uptrend from 1.0886, another rise to 1.1500 area could be expected. Support is now at 1.1183, only break below this level could...
USDCHF’s upward movement from 0.9370 extended to as high as 0.9548. Further rise could be expected, and next target would be at 0.9650 area. Support is at 0.9440, only break below this level could trigger another fall...
USDJPY is facing 107.39 resistance, a break of this level will signal resumption of the uptrend from 105.32, then next target would be at 109.00 area. Support is at 106.10, only break below this level could trigger...
AUDUSD continued its sideways movement in a range between 0.8642 and 0.8898. As long as 0.8898 resistance holds, the sideways move could be treated as consolidation of the downtrend from 0.9401, another fall to 0.8400 area is...
GBPUSD failed to break above 1.6226 resistance, and stayed in the trading range between 1.5874 and 1.6226. As long as 1.6226 resistance holds, the price action in the range could be treated as consolidation of the downtrend...
EURUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 1.2500 had completed at 1.2867 already. Further decline to test 1.2500 support would likely be seen, a breakdown below this level will...
USDCAD is facing the support of the price channel on 4-hour chart, a clear break below the channel support could signal completion of the uptrend from 1.0886, then deeper decline to 1.0800 area could be seen. On...