EURUSD broke below 1.1240 support, suggesting that the upside movement from 1.0766 had completed at 1.1422 already. Deeper decline would likely be seen and next target would be at 1.1150 area. Near term resistance is at 1.1300,...
USDCAD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.4048 had completed at 1.3314 already. Further rally would likely be seen and next target would be at 1.3850 area....
USDJPY extended its downside movement from 109.84 to as low as 106.57. Further decline would likely be seen and next target would be at 106.00 area. Near term resistance is at 107.30, a break of this level...
AUDUSD is facing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the fall from 0.7063 would possibly be consolidation for the uptrend from 0.6401, another rise...
GBPUSD broke below the bottom of the rising price channel on the 4-hour chart, suggesting that the uptrend from 1.2073 had completed at 1.2812 already. Another fall towards 1.2100 would likely be seen in the coming days....
EURUSD broke below the rising trend line on the 4-hour chart, suggesting that lengthier consolidation for the uptrend from 1.0766 is underway. Range trading between 1.1240 and 1.1422 would likely be seen in a couple of days....
USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.4048. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
USDJPY broke below the rising trend line on the 4-hour chart, indicating that the upside movement from 105.98 had completed at 109.84 already. Further decline would likely be seen after a minor consolidation and next target would...
AUDUSD extended its upside movement from 0.6401 to as high as 0.7063. Further rise could be expected after consolidation and next target would be at 0.7200 area. Near term support is at 0.6898, a breakdown below this...
GBPUSD extended its upside movement from 1.2073 to as high as 1.2812. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...
