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Daily Technical

GBPUSD Failed To Break Below Trend Line Support

The GBPUSD pair failed in it attempt to break below the bullish support trend line on the 4-hour chart and rebounded strongly from 1.3319, suggesting Read more [...]
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Daily Technical

EURUSD broke below 1.1809 support

EURUSD broke below 1.1809 support, suggesting that the upside movement from 1.1554 had completed at 1.1961 already. Further decline would likely be Read more [...]
Categories
Daily Technical

The GBPUSD pair remains in uptrend from 1.3039

The GBPUSD pair remains in uptrend from 1.3039, the fall from 1.3549 could be treated as consolidation of the uptrend. As long as the price is above Read more [...]
Categories
Daily Technical

EURUSD’s fall from 1.1961 extended to 1.1827

EURUSD’s fall from 1.1961 extended to as low as 1.1827. However, as long as the price is above the bullish trend line on the 4-hour chart, the fall Read more [...]
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Daily Technical

EURUSD extended its upside movement to 1.1944

EURUSD extended its upside movement from 1.1554 to as high as 1.1944, breaking above 1.1879 key resistance, confirming that the downside movement from Read more [...]
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Daily Technical

GBPUSD’s upside movement extended to 1.3279

GBPUSD’s upside movement from 1.3039 extended to as high as 1.3279. Further rise to test 1.3337 key resistance is still possible in the coming days. Read more [...]
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Daily Technical

GBPUSD is testing 1.3229 resistance

GBPUSD is testing 1.3229 resistance, a breakout of this level could take price to the key resistance at 1.3337. As long as this level holds, the sideways Read more [...]
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Daily Technical

EURUSD failed to breakout of 1.1879 resistance

EURUSD failed in its attempt to breakout of 1.1879 resistance and pulled back from 1.1860. However, as long as the price is above 1.1740 support, the Read more [...]
Categories
Daily Technical

USDCAD broke below 1.2700 support

USDCAD broke below 1.2700 support and extended its downside movement from 1.2916 to as low as 1.2666, facing the support of the bullish trend line Read more [...]
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Daily Technical

GBPUSD continued its sideways movement between 1.3027 and 1.3337

GBPUSD continued its sideways movement in a trading range between 1.3027 and 1.3337. Another rise towards 1.3337 resistance would likely be seen in Read more [...]
Categories
Daily Technical

EURUSD is in consolidation of the downtrend from 1.2092

EURUSD is in consolidation of the downtrend from 1.2092 (Sep 8 high). Range trading between 1.1574 and 1.1725 would likely be seen in the coming days. Read more [...]
Categories
Daily Technical

USDCAD failed to breakout of 1.2916 resistance

USDCAD failed to breakout of 1.2916 resistance and pulled back to break below a bullish trend line on the 4-hour chart, suggesting that lengthier consolidation Read more [...]
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Daily Technical

EURUSD is in consolidation for the downtrend from 1.1879

EURUSD is in consolidation for the downtrend from 1.1879. Range trading between 1.1574 and 1.1685 would likely be seen in a couple of days. Near term Read more [...]
Categories
Daily Technical

AUDUSD broke above bearish trend line

AUDUSD broke above the bearish trend line on the 4-hour chart, indicating that consolidation for the downtrend from 0.7897 is underway. Range trading Read more [...]
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Daily Technical

USDJPY continued its upside movement from 111.65

USDJPY continued its upside movement from 111.65 and the rise extended to as high as 114.45. As long as the price is above the rising trend line on Read more [...]
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Daily Technical

GBPUSD is facing bullish support trend line

GBPUSD is now facing the bullish support trend line from 1.2109 to 1.2774 on the daily chart. A clear break below the trend line support could take Read more [...]
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Daily Technical

GBPUSD failed to breakout 1.3228 resistance

GBPUSD failed its attempts to breakout of 1.3228 resistance and pulled back to 1.3110 area, suggesting that the pair remains in the short term downtrend Read more [...]
Categories
Daily Technical

EURUSD moved sideways between 1.1730 and 1.1879

EURUSD moved sideways in a trading range between 1.1730 and 1.1879. As long as 1.1730 support holds, the side movement could be treated as consolidation Read more [...]
Categories
Daily Technical

AUDUSD rebounded from 0.7818

AUDUSD rebounded from 0.7818 after touching the rising trend line on its 4-hour chart, suggesting that the pair remains in the uptrend from 0.7732. Read more [...]
Categories
Daily Technical

USDJPY extended its downside movement to 111.68

USDJPY extended its downside movement from 113.43 to as low as 111.68. Deeper decline to test 111.47 key support is still possible. As long as this Read more [...]