GBPUSD is facing the resistance of the falling trend line on the 4-hour chart. A break out of the trend line resistance could trigger further upside move towards 1.3292 resistance. Support is at 1.3065, a breakdown below...
EURUSD remains in the uptrend from 1.1575. Another rise could be expected after a corrective consolidation and a break of 1.1750 resistance could take the price to 1.1800 area. Support is at 1.1655, only a break below...
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USDCAD is now in the downtrend from 1.3289, the bounce from 1.3114 is likely consolidation for the downtrend. Further decline is possible after the consolidation and next target would be at 1.2900 area. Resistance is at 1.3220,...
USDJPY remains in the downtrend from 113.17, the bounce from 110.75 is likely consolidation for the downtrend. Further decline is still possible after the consolidation and next target would be at 109.00 area. Resistance is at 111.90,...
AUDUSD failed to break above 0.7442 resistance and pulled back to 0.7370 area. Another fall towards 0.7300 would likely be seen in a couple of days. However, a break of 0.7442 resistance could trigger further upside movement...
GBPUSD’s bounce from 1.2957 extended to as high as 1.3158. Further rise towards the falling trend line on the 4-hour chart is possible. As long as the trend line resistance holds, the bounce could be treated as...
EURUSD is now in the uptrend from 1.1575, the pullback from 1.1750 is likely consolidation for the uptrend. Support is at 1.1655, as long as this level holds, the uptrend could be expected to resume, and further...
USDCAD broke below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the upside movement from 1.3063 had completed at 1.3289 already. Further decline to test 1.3063 support is possible in...
USDJPY extended its downside movement from 113.17 to as low as 110.75. Further decline is still possible after a minor consolidation and next target would be at 109.00 area. Resistance is at 111.65, as long as this...
