GBPUSD broke above this upper line of the price channel on 4-hour chart, indicating that the downtrend from 1.6182 had completed at 1.5790 already. Further rise would likely be seen, and the target would be at 1.6100...
EURUSD is facing the resistance of the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the rise from 1.2358 could be treated as consolidation of the downtrend from 1.2867,...
USDCAD’s fall from 1.1466 extended to as low as 1.1300, the subsequent bounce is likely resumption of the uptrend from 1.1121. Further rise to test 1.1466 resistance could be expected, a break of this level will confirm...
USDCHF stays in the upward price channel on 4-hour chart, and remains in uptrend from 0.9370, the fall from 0.9739 could be treated as consolidation of the uptrend. As long as the channel support holds, the uptrend...
USDJPY is in consolidation of the uptrend from 105.32, range trading between 113.17 and 115.50 would likely be seen in a couple of days. Key support is at 113.17, as long as this level holds, the uptrend...
AUDUSD’s downward movement from 0.8910 had completed at 0.8540 already. Range trading between 0.8540 and 0.8750 would likely be seen over the next several days. Resistance is at 0.8750, as long as this level holds, the downtrend...
GBPUSD remains in downtrend from 1.6182, as long as the channel resistance holds, the rise from 1.5790 could be treated as consolidation of the downtrend. Further decline would likely be seen, and next target would be at...
EURUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.2867, the rise from 1.2358 could be treated as consolidation of the downtrend. Resistance is located at the upper line of the...
USDCAD broke below 1.1330 support, indicating that the uptrend from 1.1121 had completed at 1.1466 already. Deeper decline could be expected, and next target would be at 1.1250 area. Resistance is at 1.1466, only break above this...
USDCHF’s upward movement from 0.9370 extended to as high as 0.9739, the subsequent fall is likely consolidation of the uptrend. Support is at the bottom of the price channel on 4-hour chart, as long as the channel...
