AUDUSD broke below 0.7472 support and extended its downside movement from 0.7813 to as low as 0.7424. Further decline could be expected in a couple of days, and next target would be at 0.7300 area. Key resistance...
GBPUSD failed to breakout of the falling trend line on its 4-hour chart, suggesting that the pair remains in the downtrend from 1.4376. Further decline could be expected and next target would be at 1.3400 area. Key...
EURUSD stays below a falling trend line on its 4-hour chart and remains in the downtrend from 1.2413. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
USDCAD is facing 1.2917 resistance, a breakout of this level could signal resumption of the uptrend from 1.2526, then next target would be at 1.3000 area. Key support is at 1.2803, only a breakdown below this level...
USDJPY stays in a bullish price channel on its 4-hour chart and remains in the uptrend from 104.63. As long as the channel support holds, the fall from 110.03 could be treated as consolidation for the uptrend...
AUDUSD moved sideways in a trading range between 0.7472 and 0.7560. As long as 0.7590 key resistance holds, the sideways move could be treated as consolidation for the downtrend from 0.7813 and a breakdown below 0.7472 support...
GBPUSD is facing the resistance of the falling trend line on the 4-hour chart. A clear break above the trend line resistance would suggest that the downside movement from 1.4376 had completed at 1.3486 already, then the...
EURUSD failed to break above the falling trend line on its 4-hour chart and extended its downside movement from 1.2413 to as low as 1.1897. As long as the price is below the trend line, the downside...
USDCAD moved sideways in a trading range between 1.2803 and 1.2917. The price action in the range is likely consolidation for the uptrend from 1.2526. As long as 1.2803 support holds, the uptrend could be expected to...
USDJPY is in consolidation for the uptrend from 104.63. Range trading between 108.00 and 110.03 would likely be seen over the next several days. As long as 108.00 support holds, the uptrend could be expected to resume...
