USDJPY is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that the downtrend from 110.08 had completed at 105.32 already, then the following upward...
AUDUSD moved sideways in the trading range between 0.8642 and 0.8898 for several days. As long as 0.8898 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.9401, another...
GBPUSD’s bounce from 1.5874 extended to as high as 1.6109. Further rise is still possible, and next target would be at the upper line of the price channel on 4-hour chart. However, as long as the channel...
EURUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.2500, the fall from 1.2867 is likely consolidation of the uptrend. As long as the trend line support holds, the uptrend could...
USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.0810 (Aug 29 low). As long as the trend line support holds, the uptrend could be expected to continue, and next target...
USDCHF’s downward movement from 0.9687 extended to as low as 0.9370. Resistance is now located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to...
USDJPY stays below the downward trend line on 4-hour chart, and remains in downtrend from 110.08, and the fall extended to as low as 105.32. As long as the trend line resistance holds, the downtrend could be...
AUDUSD continued its sideways movement in a range between 0.8642 and 0.8898. As long as 0.8898 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.9401, another fall to...
GBPUSD remains in downtrend from 1.6524, the rise from 1.5874 is likely consolidation of the downtrend. Near term resistance is located at the upper line of the price channel on 4-hour chart, as long as the channel...
EURUSD’s upward movement extended to as high as 1.2867. Support is now at the rising trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue, and next...
