EURUSD continued its downward movement from 1.3411, and the fall extended to as low as 1.3178. Resistance is located at the falling trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend...
GBPJPY has been moving in an uptrend since mid-March, as price has been trading inside a rising trend channel visible on its 4-hour forex chart. Price has recently tested the channel support and bounced off the 171.00...
After touching 1.0985 resistance, USDCAD pulled back to 1.0927. Another rise to test 1.0985 resistance would likely be seen, above this level will signal resumption of the uptrend from 1.0619, then next target would be at 1.1100...
USDCHF is in uptrend from 0.8997, and the rise extended to as high as 0.9178. Further rise could be expected after a minor consolidation, and next target would be at 0.9400 area. Support is at 0.9125, only...
USDJPY’s upward movement from 101.50 extended to as high as 104.26. Further rise could be expected after a minor consolidation, and next target would be at 105.00 area. Support is at 103.50, only break below this level...
AUDUSD moved sideways in a range between 0.9237 and 0.9343. The price action in the range is likely consolidation of the downtrend from 0.9504 (Jul 1 high). As long as 0.9343 resistance holds, the downtrend could be...
GBPUSD continued its downward movement from 1.7190, and the fall extended to as low as 1.6536. Near term resistance is at 1.6600, and the key resistance is located at the downward trend line on 4-hour chart, only...
EURUSD’s downward movement from 1.3700 extended to as low as 1.3185. Further decline could be expected after a minor consolidation, and next target would be at 1.3000 area. Resistance levels are at 1.3300 and 1.3350, only break...
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No changed in our view, USDCAD remains in uptrend from 1.0619, the fall from 1.0985 is likely consolidation of the uptrend. Another rise could be expected after consolidation, and next target would be at 1.1200 area. Support...
