AUDUSD formed a sideways consolidation in a range between 0.8660 and 0.8887. As long as 0.8887 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.9085, one more fall...
GBPUSD’s downward movement from 1.6668 extended to as low as 1.6445. Deeper decline to test the support of the lower line of the price channel on 4-hour chart is possible. As long as the channel support holds,...
EURUSD is facing 1.3507 support, a breakdown below this level will signal resumption of the downtrend from 1.3892, then next target would be at 1.3400 area. However, as long as 1.3507 support holds, lengthier sideways movement could...
USDCAD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.0588. As long as the trend line support holds, the uptrend from 1.0588 could be expected to continue, and next target would...
USDCHF is in consolidation of the downtrend from 0.9156. One more fall to 0.8850 area to complete the consolidation would likely be seen. Resistance is at 0.9030, only break above this level could signal completion of the...
USDJPY is facing 101.77 support, a breakdown below this level will signal resumption of the downtrend from 105.44, then next target would be at 100.50 area. However, as long as 101.77 support holds, the consolidation of the...
AUDUSD remains in downtrend from 0.9085, the price action from 0.8756 could be treated as consolidation of the downtrend. Key resistance is at 0.8887, as long as this level holds, the downtrend could be expected to resume,...
GBPUSD remains in short term downtrend from 1.6668, the rise from 1.6474 is treated as correction of the downtrend. Another fall towards the bottom of the price channel on 4-hour chart would likely be seen after correction....
EURUSD’s fall from 1.3739 extended to as low as 1.3603. However, the fall is likely consolidation of the uptrend from 1.3507. as long as 1.3595 support holds, the uptrend could be expected to resume, and one more...
USDCAD broke above 1.1173 resistance, indicating that the uptrend from 1.0588 has resumed. Further rise could be expected, and next target would be at 1.1400 area. Key support is located at the upward trend line on 4-hour...
