USDCAD is testing the resistance of the falling price channel on the 4-hour chart. As long as the channel resistance holds, the downside movement from 1.3345 could be expected to continue and next target would be at...
USDJPY extended its upside movement from 104.44 to as high as 106.68. Further rise to test 107.08 resistance is possible, a break of this level could trigger further upside movement to 108.00 area. Support is at 106.10,...
AUDUSD is facing the support of the lower border of the triangle pattern on the 4-hour chart, a breakdown below could take the price to 0.6600 area. On the other side, a breakout of the upper border...
GBPUSD is now in the downtrend from 1.2309, further decline would likely be seen in a couple of days and next target would be at 1.2060, followed by 1.2000. Resistance is at 1.2250, above this level could...
EURUSD broke below 1.1051 support and extended its downside movement from 1.1164 to as low as 1.1042. Deeper decline is still possible and next target would be at 1.1000 area. Resistance is at the falling trend line...
USDCAD is facing the resistance of the falling price channel on the 4-hour chart. A break of the channel resistance could signal resumption of the uptrend from 1.3015, then next target would be at 1.3400 area. On...
No changed in our view, USDJPY remains in the downtrend from 109.31, the bounce from 104.44 would possibly be consolidation for the downtrend, further decline to 104.00 area is still possible after the consolidation. Only break above...
AUDUSD formed a triangle pattern on its 4-hour chart. The triangle pattern is likely consolidation for the downtrend from 0.7081, a breakdown below the bower border of the pattern could take the price to 0.6600 area. On...
GBPUSD broke below the rising trend line on the 4-hour chart, suggesting that the short term uptrend from 1.2014 had completed at 1.2309 already. Deeper decline could be expected in the coming days and next target would...
EURUSD extended its downside movement from 1.1164 to as low as 1.1073. As long as 1.1097 resistance holds, the downside movement could be expected to continue and next target would be at 1.1050 support. On the upside,...
