XAUUSD is facing the resistance of the upper trend line (now at around 1343.00) of the triangle pattern on its weekly chart once again. Being contained by the trend line, the gold price pulled back from 1344.65....
The USDCNH pair formed a triangle pattern on its daily chart for several weeks. All we can do is wait for a breakout to occur. The price is facing the upper line of the pattern now at...
XAUUSD moved within a bearish price channel on its 4-hour chart, indicating that the price remains in the downtrend from 1305.98. Near term resistance is at the top of the channel now at around 1278.50. As long...
After touching 1.3000 important psychological level, XAUUSD pulled back from 1300.82 and formed a triangle pattern on its 4-hour chart. The triangle pattern is likely consolidation of the uptrend from 1204.77, another rise could be expected after...
After breaking below the triangle pattern on its daily chart, USDCNH dropped sharply to as low as 6.8010. Now the pair stays in a descending price channel on its 4-hour chart, indicating that the pair remains in...
After breaking below the lower support trend line of the triangle patter on the daily chart, USDCNH continued to break through the 6.8680 key support, indicating that the bearish movement from the January 3 high of 6.9867...
After touching the ascending trend line from 1180.51 to 1194.94 on daily chart, XAUUSD rebounded strongly to 1265. Further rise to test the resistance of the descending trend line from the July 2016 high of 1375.11 to...
USDCNH broke below the bottom trend line from 6.8680 to 6.8837 of the price channel on the 4-hour chart, indicating that the short term uptrend from 6.8680 had completed at 6.9171 already. The subsequent downward movement extended...
USDCNH moves in the ascending price channel on 4-hour chart which is providing the near term support around 6.8910, indicating that the pair remains in the short term uptrend from 6.8680, and upward movement extended to as...
AUDUSD broke out of the triangle pattern and continued its downward movement from 0.7749. Further decline could be expected in a couple of days, and next target would be at 0.7400 area. Resistance is at 0.7540, only...
