EURUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.1347 had completed at 1.1181 already. Further rally is still possible after a minor consolidation and next target would be...
USDCAD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.3240 had completed at 1.3432 already. Deeper decline would likely be seen in a couple of days and next target...
USDJPY stays in a trading range between 107.81 and 108.80. As long as 108.80 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 112.40 (Apr 24 high), further decline...
AUDUSD broke above the resistance of the falling price channel on the 4-hour chart, suggesting that the downside movement from 0.7021 had completed at 0.6831 already. Range trading between 0.6831 and 0.6930 would likely be seen over...
GBPUSD’s downside movement from 1.2762 extended to as low as 1.2505. Range trading between 1.2505 and 1.2605 would likely be seen in a couple of days. As long as 1.2605 resistance holds, the downtrend could be expected...
EURUSD extended its downside movement from 1.1347 to as low as 1.1181. Further decline is still possible after a minor consolidation and next target would be at 1.1100 area. Key resistance is at 1.1247, only break above...
USDCAD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.3240. As long as the trend line support holds, the uptrend could be expected to continue and next target would...
USDJPY is in consolidation for the downtrend from 112.40 (Apr 24 high). Range trading between 107.81 and 108.80 would likely be seen over the next several days. As long as 108.80 resistance holds, the downtrend could be...
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7021. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
GBPUSD extended its downside movement from 1.2762 to as low as 1.2511. Further decline is still possible after a minor consolidation and next target would be at 1.2400 area. Near term resistance is at 1.2545, a break...
