AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 0.7068 had completed at 0.6962 already. Further rally could be expected in a couple of days and next target would...
GBPUSD is facing the support of the bullish trend line on the 4-hour chart. As long as the trend line support holds, the fall from 1.3176 could be treated as consolidation for the uptrend, another rise towards...
EURUSD remains in the uptrend from 1.1135, the pullback from 1.1218 is likely consolidation for the uptrend. Another rise could be expected and next target would be at 1.1250 area. Near term support is at 1.1165, a...
AUDJPY shows an incomplete Elliott Wave sequence from April 17, 2019 high, favoring more downside. The 100% target can reach as low as 75.7 – 76.3. In the chart below, the bounce to 78.94 ended wave 2....
USDCAD failed to break above 1.3520 resistance and stayed in a trading range between 1.3376 and 1.3520. Another fall to test 1.3376 could be expected, a breakdown below this level could take the price to 1.3300 area....
USDJPY stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 112.40. As long as the trend line resistance holds, the bounce from 110.28 could be treated as consolidation for the...
AUDUSD’s downside movement extended to as low as 0.6962. As long as the price is below the trend line on the 4-hour chart, the downside movement could be expected to continue and next target would be at...
GBPUSD stays above a bullish trend line on the 4-hour and remains in the uptrend from 1.2865, the pullback from 1.3176 is likely corrective consolidation for the uptrend. As long as the trend line support holds, the...
EURUSD’s upside movement from 1.1135 extended to as high as 1.1209. Further rise could be expected in the coming days and next target would be at 1.1250 area. Near term support is at 1.1175, a breakdown below...
USDCAD moved sideways in a trading range between 1.3376 and 1.3520. Another rise to test 1.3520 resistance would likely be seen, a break of this level would trigger further upside movement towards 1.3600. Near term support is...
