The AUD/USD pair rose during the session after gapping lower on Monday, but remains below the 0.90 handle. It is because of this that we are actually looking for some type of resistant candle in order to...
USDCAD remains in downtrend from 1.1192. Deeper decline would likely be seen, and next target would be at 1.0980 area. Resistance is at 1.1130, only break above this level could signal completion of the downtrend.
USDCHF stays below a downward trend line on 4-hour chart, and remains in downtrend from 0.9081, the rise from 0.8777 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the...
USDJPY remains in downtrend from 102.82, and the fall extended to as low as 101.20. Resistance is at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the downtrend...
AUDUSD’s downward movement from 0.9080 extended to as low as 0.8890. Deeper decline would likely be seen in a couple of days, and next target would be at 0.8800 area. Resistance is at 0.8990, only break above...
GBPUSD failed to break above 1.6822 resistance and stayed in the trading range between 1.6582 and 1.6822. As long as 1.6582 support holds, the price action in the range could be treated as consolidation of the uptrend...
EURUSD remains in uptrend from 1.3477, the fall from 1.3824 is likely consolidation of the uptrend. Support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could...
USDCAD’s downward movement from 1.1192 extended to as low as 1.1040. Deeper decline could be expected, and next target would be at 1.0980 area. Resistance is at 1.1130, only break above this level could signal completion of...
USDCHF’s downward movement from 0.9081 extended to as low as 0.8777. Further decline could be expected after a minor consolidation, and next target would be at 0.8700 area. Resistance is located at the upper line of the...
USDJPY broke below 101.38 support, indicating that the uptrend from 100.75 had completed. Deeper decline to test 100.75 previous low support could be seen, a breakdown below this level will signal resumption of the longer term downtrend...
