EURUSD failed to break below 1.0766 support and stayed in a trading range between 1.0766 and 1.0896. As long as 1.0896 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.1018, a...
USDCAD is facing the resistance of the falling trend line on the 4-hour chart. A break of the trend line resistance could trigger further upside movement towards 1.4350 area. Near term support is at 1.4000, below this...
USDJPY’s fall from 107.76 had completed at 106.74 already. Another rise to test 108.08 resistance would likely be seen in the coming days, a break of this level could take the price to 109.00 area. Near term...
AUDUSD broke below the rising price channel on the 4-hour chart. Deeper decline to test 0.6372 support is possible, a breakdown below this level would indicate that the upside movement from 0.5507 (Mar 19 low) had completed...
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.2642. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
EURUSD broke below the rising price channel on the 4-hour chart, suggesting that the downside movement from 1.1018 has resumed. Further decline could be expected in the coming days and next target would be at 1.0700 area....
USDCAD extended its upside movement from 1.3899 to as high as 1.4114. Further rise is still possible and next target would be at falling trend line on the 4-hour chart. Near term support is at 1.4000, only...
USDJPY’s fall from 107.76 extended to as low as 106.74. Deeper decline is still possible and next target would be at 106.50 area. Near term resistance is at 107.20, a break of this level could trigger another...
AUDUSD moved sideways in a trading range between 0.6372 and 0.6569. The price action in the range is likely consolidation for the uptrend from 0.5507 (Mar 19 low). As long as the price is in the rising...
GBPUSD extended its downside movement from 1.2642 to as low as 1.2209. As long as the trend line resistance holds, the downside movement could be expected to continue and next target would be at 1.2100 area. Only...
