EURUSD remains in the uptrend from 1.1432, the fall from 1.1610 is likely consolidation for the uptrend. Range trading between 1.1534 and 1.1610 is possible in a couple of days. Resistance is at 1.1610, a break of...
USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the uptrend could be expected to continue and next target would...
USDJPY stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 114.54. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
AUDUSD pulled back into the trading range between 0.7041 and 0.7130 after touching 07130 resistance, suggesting that the pair remains in the downtrend from 0.7314. Another fall to towards 0.7041 previous low would likely be seen, a...
GBPUSD failed to breakout of 1.3298 resistance and pulled back from 1.3257, breaking below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.2921 had completed. Deeper decline is still possible and...
EURUSD broke above 1.1550 resistance, suggesting that corrective consolidation for the downtrend from 1.1815 is underway. Further rally is still possible and next target would be at 1.1650 area. Near term support is at 1.1500, a breakdown...
USDCAD stays below a bearish trend line on the daily chart and remains in the downtrend from 1.3385. As long as the trend line resistance holds, the downtrend could be expected to resume, and another fall towards...
USDJPY broke below the bottom of the price channel on the daily chart, suggesting that the short term uptrend from 109.77 had completed at 114.54 already. Further decline could be expected and next target would be at...
AUDUSD stays below a bearish trend line on the daily chart and remains in the downtrend from 0.8135. As long as the trend line resistance holds, the bounce from 0.7041 could be treated as consolidation for the...
GBPUSD is facing 1.3298 resistance, a breakout of this level could signal resumption of the uptrend from 1.2661, then next target would be at 1.3550 area. Key support is at 1.2921, only a breakdown below this level...
