EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1347. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
USDCAD extended its upside movement from 1.3240 to as high as 1.3422. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...
USDJPY continued its sideways movement in a trading range between 107.81 and 108.80. As long as 108.80 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 112.40 (Apr 24 high), further decline...
AUDUSD extended its downside movement from 0.7021 to as low as 0.6861, breaking below 0.6864 support. Further decline is still possible after a minor consolidation and next target would be at 0.6800 area. Near term resistance is...
GBPUSD broke below 1.2652 support and extended its downside movement from 1.2762 to as low as 1.2580. Further decline to test 1.2558 support could be expected, a breakdown below this level could take the price to 1.2500...
EURUSD extended its downside movement from 1.1347 to as low as 1.1202. Further decline could be expected after a minor consolidation and next target would be at 1.1100 area. Near term resistance is at 1.1230, a break...
USDCAD remains in the downtrend from 1.3564, the bounce from 1.3240 is likely corrective consolidation for the downtrend. Another fall could be expected after the consolidation and a breakdown below 1.3240 support could take the price to...
USDJPY remains in the downtrend from 112.40, the bounce from 107.81 could be treated as consolidation for the downtrend. As long as the price is below the falling trend line on the daily chart, the downside movement...
AUDUSD broke below 0.6864 support and extended its downside movement from 0.7205 to as low as 0.6861. Further decline could be expected in a couple of weeks and next target would be at 0.7650 area. Key resistance...
GBPUSD is facing 1.2558 support, a breakdown below this level could signal resumption of the downtrend from 1.3381, then next target would be at 1.2400 area. Near term resistance is at 1.2762, a breakout of this level...
