USDCAD moved sideways in a trading range between 1.3330 and 1.3458. The sideways movement is likely consolidation for the downtrend from 1.3715, and further decline towards 1.3200 is possible after the consolidation. Near term resistance is at...
USDJPY extended its upside movement from 104.18 to as high as 106.47. Further rally would likely be seen and next target would be at the falling trend line on the 4-hour chart. Near term support is at...
AUDUSD remains in the uptrend from 0.6776, the price action from 0.7182 is likely consolidation for the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could...
GBPUSD is facing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 1.3169 could be treated as consolidation for the uptrend from 1.2479, and...
EURUSD is in consolidation for the uptrend from 1.1168. Range trading between 1.1650 and 1.1908 would likely be seen in a couple of days. As long as the price is above the rising trend line on the...
The USDX has been trending higher since the lows in 2008. However, in trading, nothing lasts forever. New traders generally do not last very long in this field, thus most traders only know a strong $USDX due to...
USDCAD broke above 1.3444 resistance. Further rally could be expected in the coming days and next target would be at the falling trend line on the 4-hour chart. Near term support is at 1.3330, a breakdown below...
USDJPY broke above 105.50 resistance, suggesting that the downside movement from 108.16 had completed at 104.18 already. Further rally could be expected in the coming days and next target would be at the falling trend line on...
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6776. As long as the trend line support holds, the upside movement could be expected to continue and next target...
GBPUSD remains in the uptrend from 1.2479, the pullback from 1.3169 is likely consolidation for the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be...
