GBPUSD Analysis. GBPUSD continued its downward move from 1.6453 and the fall extended to as low as 1.5707. Resistance remains at the downtrend line on 4-hour chart, as long as the trend line resistance holds, downtrend could...
GBPUSD Analysis. GBPUSD stays below a falling trend line on 4-hour chart and remains in downtrend from 1.6453. As long as the trend line resistance holds, downtrend could be expected to continue, and next target would be...
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USDCAD Analysis. USDCAD remains in uptrend from 0.9725, the fall from 1.0025 is treated as consolidation of uptrend. Support is at the rising trend line on 4-hour chart, as long as the trend line support holds, uptrend...
GBPUSD Analysis. GBPUSD continued its downward move from 1.6453 and the fall extended to as low as 1.5823. Deeper decline to test 1.5781 (Jul 12 low) support is expected in a couple of days, however, minor consolidation...
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GBPUSD Analysis. GBPUSD stays below a downtrend line on 4-hour chart, and remains in downtrend from 1.6453, and the fall extended to as low as 1.5912. As long as the trend line resistance holds, downtrend could be...
AUDUSD Analysis. Being supported by the lower border of the price channel on 4-hour chart, AUDUSD rebounded from 1.0481, suggesting that a cycle bottom has been formed on 4-hour chart. Further rise towards 1.0764 previous high is...
AUDUSD Analysis. AUDUSD is testing the support of the price channel on 4-hour chart. A clear break below the channel support will indicate that the rise from 0.9927 has completed at 1.0764 already, then deeper decline could...
AUDUSD Analysis. AUDUSD is facing the support of the price channel on 4-hour chart, a clear break below the channel support will confirm that the longer term uptrend from 0.9927 has completed at 1.0764 already, then the...