USDJPY broke above 102.45 resistance, indicating that the downtrend from 103.08 had completed at 101.50 already. Further rise could be expected and next target would be at 103.00 area. Support is at 102.20, only break below this...
AUDUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the bounce from 0.9238 could be treated as consolidation of the downtrend from 0.9470, another fall...
GBPUSD failed to break above the trend line resistance and continued its downward movement from 1.7190, and the fall extended to as low as 1.6669. As long as the trend line resistance holds, further decline could be...
EURUSD continued its sideways movement in a range between 1.3333 and 1.3444. As long as 1.3444 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3700, another fall towards...
USD The US dollar returned some of its recent gains when data came in weaker than expected. The JOLTS job openings report marked a 4.67M gain, lower than the estimated 4.74M increase. Meanwhile, the NFIB small business...
GBPUSD has been on a downtrend ever since the BOE showed a bit of hesitation when it comes to tightening monetary policy by the end of the year. Price has broken below a support area around the...
USDCAD moved sideways in a trading range between 1.0903 and 1.0985. The sideways movement is likely consolidation of the uptrend from 1.0619. As long as 1.0903 support holds, the uptrend could be expected to resume, and next...
USDCHF failed to break above 0.9114 resistance and stayed in the trading range between 0.9032 and 0.9114, indicating that lengthier consolidation for the uptrend from 0.8855 is needed. Sideways movement in the range would likely be seen...
USDJPY is facing 102.45 resistance, a break of this level will indicate that the downward movement from 103.08 had completed at 101.50 already, then further rise to 103.00 area could be seen. On the downside, as long...
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9470, the rise from 0.9238 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the...
