AUDUSD’s downward movement from 0.9461 extended to as low as 0.9252. Resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds, the downtrend could be expected...
GBPUSD remains in uptrend from 1.6465, the fall from 1.6841 is likely consolidation of the uptrend. Deeper decline is still possible, and next target would be at 1.6730 area. Resistance is at 1.6841, a break above this...
EURUSD stays in a trading range between 1.3785 and 1.3864. Key resistance is at 1.3864, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from 1.3905,...
USDCAD remains in uptrend from 1.0857 and the rise extended to as high as 1.1053. Support is now at 1.1000, as long as this level holds, the uptrend could be expected to continue, and next target would...
After touching the upward trend line on 4-hour chart, USDCHF rebounded from 0.8807, indicating that the pair remains in uptrend from 0.8743. Further rise would likely be seen, and the target would be at 0.8900 area. Key...
USDJPY broke below the bottom of the price channel on 4-hour chart, indicating that the uptrend from 101.32 had completed at 102.72 already. Deeper decline would likely be seen, and next target would be at 101.50 area....
AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9461. Resistance is located at the upper line of the channel, as long as the channel resistance holds, the downtrend could be...
GBPUSD failed to break above 1.6841 resistance and pulled back to 1.6762, indicating that lengthier consolidation for the uptrend from 1.6465 is needed. Deeper decline to test 1.6660 would likely be seen, as long as this level...
EURUSD failed to break above 1.3864 resistance, indicating that the pair remains in downtrend from 1.3905, the rise from 1.3785 could be treated as consolidation of the downtrend. As long as 1.3864 resistance holds, the downtrend could...
USDCAD’s upward movement from 1.0857 extended to as high as 1.1042. Support is now at 1.0980, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.1100 area....
