EURUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.1147 had completed at 1.0768 already. Further rally would likely be seen and next target would be at 1.0950 area....
USDCAD stays in a trading range between 1.3920 and 1.4348. As long as 1.4348 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.4667, and further decline to 1.3800...
USDJPY is now in the uptrend from 106.91, further rise would likely be seen after a minor consolidation and next target would be at 110.00 area. Near term support is at 108.10, only break below this level...
AUDUSD broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 0.6213 had completed at 0.5979 already. Further rally would likely be seen and next target would be at 0.6213 resistance,...
GBPUSD is now in the downtrend from 1.2485, further decline could be expected after a minor consolidation and next target would be at 1.1900 area. Near term resistance is at 1.2330, only break above this level could...
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1147. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
USDCAD continue its sideways movement in a trading range between 1.3920 and 1.4348. The price action in the range is likely consolidation for the downtrend from 1.4667, and further decline to 1.3800 area is still possible after...
USDJPY broke above 108.72 resistance, suggesting that the downside movement from 111.71 had completed at 106.91 already. Further rally could be expected in the coming days and next target would be at 110.00 area. Near term support...
AUDUSD remains in the downtrend from 0.6213 and the fall extended to as low as 0.5979. Further decline would likely be seen and next target would be at 0.5900 area. Near term resistance is at 0.6075, only...
GBPUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.1409 had completed at 1.2485 already. Further decline would likely be seen in the coming days and next target would...
