AUDUSD has been trending lower recently and is now moving inside a descending channel on its 4-hour chart. Price just bounced off support and is looking to pull back to the resistance at the .7450 minor psychological...
USDCAD is facing channels resistance. There is an ascending price channel on daily chart which acts as support at the bottom trend line and resistance at the top trend line. After the price touching the top trend...
USDCAD stays in a trading range between 1.3641 and 1.3793. Another fall to test 1.3641 support would likely be seen and a breakdown below this level will confirm that the upward movement from 1.3223 had completed at...
USDJPY is facing the support of the bottom of the rising price channel on 4-hour chart. As long as the channel support holds, the fall from 114.36 could be treated as consolidation of the uptrend from 108.13...
AUDUSD is facing 0.7426 key resistance. As long as this level holds, the rise from 0.7328 could be treated as consolidation of the downtrend from 0.7610 and further decline to 0.7250 area could be expected after the...
GBPUSD is facing the support of 1.2831. As long as this level holds, the fall from 1.2988 could be treated as consolidation of the uptrend from 1.2365 and further rise to 1.3100 area is still possible after...
EURUSD broke above 1.0900 resistance and rebounded to 1.0930 area, indicating that the downward movement from 1.1021 had completed at 1.0839 already. However, the bounce would possibly be correction of the downtrend from 1.1021, another fall towards...
USDCAD’s upward movement was limited by the top trend line of the price channel on daily chart. Pullback to the bottom of the channel is possible over the next several weeks. However, a breakdown below 1.3600 support...
USDJPY moved above the top trend line of the price channel on daily chart, indicating that the bearish movement from 118.66 had completed at 108.13 already. Further rally could be expected after correction and next target would...
AUDUSD remains in downtrend from 0.7749 and the fall extended to as low as 0.7328. Further decline is still possible after a minor consolidation and next target would be at 0.7250 area. Resistance is located at the...
