GBPUSD failed to break below 1.3027 support and stayed in a trading range between 1.3027 and 1.3337. The price action in the range is likely consolidation of the downtrend from 1.3657, a breakdown below 1.3027 support could...
EURUSD remains in downtrend from 1.1879, the rise from 1.1574 is likely consolidation of the downtrend. Further decline towards the resistance-turned-support trend line on the weekly chart is still possible after the consolidation. Resistance levels are at...
The EUR / USD pulls back from the high of 1.1641 and pushes the level to 1.1600 as the downward movement of the dollar seems to have ended after the pair reached a critical resistance level of...
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XAUUSD moved within a bearish price channel on its 4-hour chart, indicating that the price remains in the downtrend from 1305.98. Near term resistance is at the top of the channel now at around 1278.50. As long...
USDCAD stays above a bullish trend line on the 4-hour chart, and remains in the uptrend from 1.2450. As long as the price is above the trend line, the fall from 1.2916 could be treated as consolidation...
USDJPY continued its upside movement from 111.65 and the rise extended to as high as 114.45. As long as the price is above the rising trend line on the 4-hour chart, the uptrend could be expected to...
AUDUSD is facing the resistance of the falling trend line on the 4-hour chart. A clear break above the trend line resistance could bring price to test 0.7718 key resistance. Above this level will indicate that the...
GBPUSD broke below 1.3087 support, indicating that the downside movement from 1.3337 has resumed. Further decline towards the major support trend line on the daily chart could be expected, a clear break below the trend line support...
EURUSD’s downside movement from 1.1879 extended to as low as 1.1574. Further decline could be expected after a minor consolidation and next target would be at the resistance-turned-support trend line on the weekly chart now at around...
