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USDCAD moved sideways in a trading range between 1.2433 and 1.2598. A breakdown below 1.2433 will confirm that the upside movement from 1.2061 had completed at 1.2598 already, then the pair would find next support at 1.2300,...
USDJPY failed to break below 111.47 key support and stayed in the trading range between 111.47 and 113.43. As long as 111.47 support holds, the fall from 113.43 could be treated as consolidation of the uptrend from...
AUDUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 0.7732. As long as the price is above the trend line, the fall from 0.7897 could be treated as consolidation...
GBPUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3027. As long as the trend line support holds, the fall from 1.3337 could be treated as consolidation of the...
EURUSD is facing 1.1780 support, a breakdown below this level will indicate that the short term uptrend from 1.1669 had completed at 1.1879 already, then the following downtrend could bring price back to test 1.1662 key support....
EURGBP failed in its attempt to break above 0.9045 resistance and pulled back from 0.9032. The subsequent fall extended to as low as 0.8855, breaking below an important support level at 0.8906 on the 4-hour chart, suggesting...
NZDUSD previously broke below a head and shoulders reversal pattern neckline, indicating that a downtrend is in the cards. The chart pattern is approximately 350 pips tall so the resulting selloff could be of the same size....
USDCAD is now in downtrend from 1.2598. Further decline would likely be seen in the coming days. The pair is expected to test 1.2433 support, below this level could signal resumption of the downtrend, then next target...
USDJPY extended its downside movement from 113.43 to as low as 111.68. Deeper decline to test 111.47 key support is still possible. As long as this level holds, the fall could be treated as consolidation of the...
