EURUSD is currently trading in a downtrend after breaking below the key support level at 1.0909, indicating that the upside movement from the March low of 1.0515 has completed at 1.1095. This marks a significant shift in...
USDCAD is currently facing resistance from the falling price channel on the 4-hour chart. As long as the channel resistance holds, the downtrend from the high of 1.3667 may be expected to resume, and the pair could...
The USD/JPY pair has broken below the rising trend line on the 4-hour chart, indicating a potential further decline towards the support level at 133.49. A break below this level would confirm that the upside movement from...
The AUDUSD currency pair has been in an uptrend since Apr 28, but recent price action has shown signs of weakness. After touching resistance at 0.6805, the pair pulled back from 0.6817 and broke below the rising...
GBP/USD remains under pressure, as the pair continues to test a key support level at 1.2540. A break below this level could trigger further downside movement towards the rising trend line on the 4-hour chart, currently near...
EURUSD is currently testing a key support level at 1.0909. This level is crucial for the pair as a breakdown below this level would indicate that the uptrend from the March low of 1.0515 has completed at...
USDCAD has failed to break below the support level at 1.3300 and rebounded from the low of 1.3314. This suggests that the pair is in a period of consolidation for the downtrend from 1.3667. Over the next...
USDJPY has been experiencing a period of consolidation in the downtrend from 137.77, with a bounce from the support level at 133.49. The bounce has extended to as high as 135.33, and there is a possibility of...
The AUDUSD pair has failed to break above the resistance level at 0.6805 and has subsequently pulled back from its recent high of 0.6803. This suggests that the pair is currently in a consolidation phase for the...
GBPUSD has been in an uptrend since the March low of 1.1802. However, the pair recently pulled back from its recent high of 1.2668, which may be seen as a period of consolidation for the uptrend. The...
