EURUSD broke above the bearish price channel on the 4-hour chart, suggesting that the downside movement from 1.0990 had completed at 1.0727 already. Further rally would likely be seen and next target would be at 1.0950 area....
USDCAD’s fall from 1.4264 extended to as low as 1.3999. As long as 1.4140 resistance holds, the downside movement could be expected to continue and next target would be at 1.3900 area. On the upside, a breakout...
USDJPY continued its sideways movement in a trading range between 106.92 and 108.08. As long as 108.08 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 109.38, and a breakdown below 106.90...
AUDUSD is facing 0.6444 resistance. As long as the price is in the rising price channel on the 4-hour chart, the upside movement from 0.5507 could be expected to continue and next target would be at 0.6600...
GBPUSD is in the uptrend from 1.2246, further rally would likely be seen in a couple of days and next target would be at 1.2550 area. Support is at 1.2246, only break below this level could trigger...
EURUSD stays in a bearish price channel on the 4-hour chart and remains in the downtrend from 1.0990. As long as the channel resistance holds, the bounce from 1.0727 could be treated as consolidation for the downtrend...
USDCAD broke below the rising price channel on the 4-hour chart, suggesting that the upside movement from 1.3854 had completed at 1.4264 already. Further decline would likely be seen and next target would be at 1.3854 support....
USDJPY failed to break above 108.08 resistance and stayed in a trading range between 106.92 and 108.08. The price action in the range is likely consolidation for the downtrend from 109.38, a breakdown below 106.92 support could...
AUDUSD moved sideways in a trading range between 0.6253 and 0.6444. As long as the price is in the rising channel on the 4-hour chart, the sideways movement could be treated as consolidation for the uptrend from...
GBPUSD broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 1.2647 had completed at 1.2246 already. Further rally would likely be seen in the coming days and next target would...