EURAUD is trending higher and is moving inside an ascending channel on its 4-hour time frame. Price has just bounced off support and looks ready for a test of resistance at 1.5400-1.5450. The 100 SMA is above...
USDCAD broke below 1.2780 support, indicating that lengthier consolidation for the uptrend from 1.2061 (Sep 8 low) is underway. Range trading between 1.2600 and 1.2916 would likely be seen in the coming days. As long as 1.2600...
USDJPY is facing 114.45 resistance, a breakout of this level could signal resumption of the uptrend from 111.65, then next resistance level would be at 115.50. Near term support is at 113.50, below this level could see...
AUDUSD pulled back to 0.7640 area after touching 0.7718 resistance, indicating that the pair remains in the downtrend from 0.8124 (Sep 8 high). A breakdown below 0.7624 support could signal resumption of the downtrend, then next target...
GBPUSD continued its sideways movement in a trading range between 1.3027 and 1.3337. The price is now facing 1.3027 support, a breakdown below this level could take price to next support level at 1.2774. Near term resistance...
EURUSD is in consolidation of the downtrend from 1.2092 (Sep 8 high). Range trading between 1.1574 and 1.1725 would likely be seen in the coming days. As long as the support-turned-resistance level of 1.1725 holds, the downside...
USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2061. As long as the price is above the trend line, the fall from 1.2916 could be treated as consolidation...
USDJPY remains in the uptrend from 107.31. Further rise to test 115.50 key resistance is possible next week. Above this level could signal resumption of the long term uptrend from 98.97 (Jun 24, 2016 low), then next...
AUDUSD stays below a bearish trend line on daily chart and remains in the downtrend from 0.8124. As long as the price is below the trend line, the rise from 0.7624 could be treated as consolidation of...
GBPUSD is facing the support of the rising trend line on the daily chart. A clear break below the trend line support could take price to next support level at 1.2774. Below this level will confirm that...
