EURUSD extended its downside movement from 1.2446 to as low as 1.2239. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...
USDCAD is still trending higher, moving above an ascending trend line visible on its 4-hour time frame. Price is stalling around the 1.3100 handle and looks prime for a pullback to the uptrend line. Using the Fib...
USDCAD remains in the uptrend from 1.2803, the fall from 1.3124 is likely consolidation for the uptrend. Support is now at 1.3040. As long as this level holds, the upside movement could be expected to continue and...
USDJPY moved sideways in a narrow range between 105.60 and 106.41. As long as 106.41 resistance holds, the sideways movement could be treated as consolidation for the short term downtrend from 107.29, and another fall to test...
AUDUSD remains in the downtrend from 0.7916. Further decline could be expected in a couple of days and next target would be at 0.7600 area. Near term resistance is at 0.7745, only a breakout of this level...
GBPUSD extended its upside movement from 1.3711 to as high as 1.4088, breaking above 1.4069 resistance. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected...
EURUSD rebounded to 1.2358 after touching 1.2273 support. However, another fall to retest 1.2273 support is still possible, and a breakdown below this level could take price to next support level at 1.2155. Resistance is at 1.2446,...
AUDUSD has been trending lower and moving inside a descending channel on its 1-hour time frame. Price bounced off the resistance and is setting its sights on the channel support around the .7650 minor psychological level. The...
USDCAD’s upside movement from 1.2803 extended to as high as 1.3110. Further rise is still possible and next target would be at 1.3200 area. Near term support is at 1.3050, as long as this level holds, the...
USDJPY remains in the short term downtrend from 107.29. As long as 106.45 resistance holds, the downtrend could be expected to continue and further decline to test 105.24 support is possible. On the upside, a breakout of...
