AUDUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 0.6910. As long as the channel support holds, the pullback from 0.7081 could be treated as consolidation for the uptrend,...
GBPUSD failed to break above 1.2578 resistance and pulled back from 1.2558. However, another rise to retest this level is possible, a breakout could take the price to 1.2700 area. Near term support is at 1.2470, below...
EURUSD is facing 1.1193 support once again. A breakdown below this level could signal resumption of the downtrend from 1.1412, then next target would be at 1.1140 area. Near term resistance is at 1.1230, above this level...
USDCAD stays below a falling trend line on the daily chart and remains in the downtrend from 1.3564. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
USDJPY moved sideways in a trading range between 106.77 and 108.99. As long as 108.99 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 112.40, further decline to 106.00...
AUDUSD’s upside movement from 0.6831 extended to as high as 0.7081. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next target...
GBPUSD extended its downside movement from 1.3381 to as low as 1.2381, breaking below 1.2396 support. Further decline could be expected in a couple of weeks and next target would be at 1.2200 area. Resistance is at...
EURUSD is facing a support at 1.1180, a breakdown below this level could trigger further downside movement towards 1.1106, followed by 1.1000. Near term resistance is at 1.1300, a break of this level could bring the price...
USDCAD broke below 1.3017 support, suggesting that the downtrend from 1.3432 has resumed. Further decline could be expected and next target would be at 1.2950 area. Near term resistance is at 1.3050, above this level could bring...
USDJPY extended its downside movement from 108.99 to as low as 107.20. Further decline is still possible in a couple of days and next target would be at 106.77 support. Near term resistance is at 107.70, above...
