GBPUSD broke below 1.5590 support, indicating that the downtrend from 1.6182 has resumed. Further decline could be expected, and next target would be at 1.5400 area. Resistance is at 1.5670, only break above this level will indicate...
EURUSD moved sideways in a trading range between 1.2358 and 1.2599. The price action in the range is likely consolidation of the downtrend from 1.2867, another fall to 1.2000 area is still possible after consolidation. Support is...
USDCAD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.1466, the rise from 1.1191 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the...
USDCHF failed to break above 0.9739 resistance, and stayed in the trading range between 0.9531 and 0.9739. Another rise to test 0.9739 resistance would likely be seen, a break of this level will signal resumption of the...
USDJPY is facing the support of the bottom of the price channel on 4-hour chart. As long as the channel support holds, the uptrend from 105.32 could be expected to continue and next target would be at...
AUDUSD broke below 0.8540 support, indicating that the downtrend from 0.8910 has resumed. Further decline could be expected over the next several days, and next target would be at 0.8300 area. Resistance is at 0.8600, only break...
GBPUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the rise from 1.5590 could be treated as consolidation of the downtrend from 1.6182, another fall...
EURUSD failed to break below 1.3258 support and stayed in the trading range between 1.2358 and 1.2599. As long as 1.2599 resistance holds, the price action in the range could be treated as consolidation of the downtrend...
USDCAD’s downward movement from 1.1466 extended to as low as 1.1191. Further decline to test 1.1121 support could be expected. Resistance is at the downward trend line on 4-hour chart, only a clear break above the trend...
USDCHF is facing 0.9739 resistance, a break of this level will signal resumption of the uptrend from 0.9370, then the following upward movement could bring price to 1.0000 area. Support is at 0.9660, only break below this...
