EURUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.2523 had completed at 1.2205 already. Further rally would likely be seen in the coming days and next target would...
Last month, Dow Jones Iron & Steel Index DJUSST managed to break above December 2016 peak and created an incomplete bullish sequence from 2016 low calling for a move higher toward equal legs area $374 -$411. In...
USDCAD is in uptrend from 1.2247, the fall from 1.2688 is likely correction of the uptrend. Support levels are at 1.2489 and 1.2400. As long as these levels hold, the uptrend could be expected to resume, and...
USDJPY broke below 108.28 support, suggesting that the downside movement from 113.75 (Dec 12, 2017 low) has resumed. Further decline is still possible and next target would be at 107.31 (Sep 8, 2017 low) support. Near term...
AUDUSD broke above the top trend line of the price channel on the 4-hour chart, suggesting that the downside movement from 0.8135 had completed at 0.7759 already. Further rise would likely be seen and next target would...
GBPUSD extended its downside movement from 1.4345 to as low as 1.3764. Further decline would likely be seen and next target would be at 1.3600 area. Resistance is at 1.4066, only break above this level could signal...
EURUSD is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the downtrend could be expected to continue and further decline to test 1.2165 support is...
A reversal may be brewing for EURAUD as the pair has formed a triple top formation on its 4-hour time frame and could be due for a break lower. Price is testing the neckline at the 1.5650...
USDCAD broke above 1.2590 resistance, confirming that the downside movement from 1.2920 had completed at 1.2248 already. Further rise to test 1.2920 resistance would likely be seen after consolidation. Support levels are at 1.2400 and 1.2248, only...
USDJPY extended its downside movement from 113.75 to as low as 108.04. As long as the price stays in the bearish channel on the daily chart, the downside movement could be expected continue and further decline to...
