EURUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.0727 had completed at 1.1018 already. Further decline could be expected and next target would be at 1.0750 area. Near...
USDCAD remains in the uptrend from 1.3849, the pullback from 1.4151 is likely consolidation for the uptrend. Range trading between 1.4045 and 1.4151 would likely be seen in a couple of days. As long as 1.4045 support...
USDJPY stays in a falling price channel on the 4-hour chart and remains in the downtrend from 109.38. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
AUDUSD is now in the downtrend from 0.6569. Further decline would likely be seen after consolidation and next target would be at 0.6250 area. Resistance is at 0.6500, only break above this level could trigger another rise...
GBPUSD is now in the downtrend from 1.2642. Further decline would likely be seen after a minor consolidation and next target would be at 1.2200 area. Near term resistance is at 1.2540, only break above this level...
EURUSD 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 1.1018 could be treated as consolidation for the uptrend from 1.0727 and...
USDCAD extended its upside movement from 1.3849 to as high as 1.4151. Further rise would likely be seen and next target would be at 1.4264 resistance. Near term support is at 1.4045, a breakdown below this level...
USDJPY failed to break above the top of the falling price channel on the 4-hour chart and pulled back from 107.49, suggesting that the pair remains in the downtrend from 109.38. Further decline would likely be seen...
AUDUSD broke below the rising price channel on the 4-hour chart, suggesting that the upside movement from 0.5507 had completed at 0.6569 already. Further decline would likely be seen and next target would be at 0.6300 area....
GBPUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.2246 had completed at 1.2642 already. Deeper decline would likely be seen and next target would be at 1.2200 area....
