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Daily Technical

AUDUSD stays below trend line on 4-hour chart

AUDUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 0.8102. As long as the price is below the trend line, Read more [...]
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Daily Technical

USDJPY moved sideways in a trading range between 112.21 and 113.43

USDJPY moved sideways in a trading range between 112.21 and 113.43. As long as 112.21 level holds, the sideways move could be treated as consolidation Read more [...]
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Daily Technical

USDJPY stays in rising price channel on 4-hour chart

USDJPY stays in a rising price channel on its 4-hour chart. As long as the channel support holds, the sideways movement in a trading range between Read more [...]
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Daily Technical

EURUSD moved out of bearish channel

EURUSD moved out of the descending price channel on its 4-hour chart, indicating that lengthier consolidation for the downtrend from 1.2029 is underway. Read more [...]
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Daily Technical

AUDUSD broke above channel resistance

AUDUSD broke above the top trend line of the price channel on its 4-hour chart, suggesting that the downside movement from 0.8102 is complete. Further Read more [...]
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Daily Technical

AUDUSD continued its downside movement from 0.8102

AUDUSD continued its downside movement from 0.8102 and the fall extended to as low as 0.7795. Near term resistance is at the top trend line of the Read more [...]
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Daily Technical

EURUSD stays in descending price channel on 4-hour chart

EURUSD stays in a descending price channel on its 4-hour chart and remains in the downtrend from 1.2029. As long as the price is in the channel, the Read more [...]
Categories
Daily Technical

EURUSD remains in the downtrend from 1.2029

EURUSD remains in the downtrend from 1.2029, the bounce from 1.1717 is likely consolidation of the downtrend. Near term resistance is located at the Read more [...]
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Daily Technical

GBPUSD Is Testing Long Term Trend Line Resistance

GBPUSD is testing a long term resistance trend line on its weekly chart. A clear break above the trend line resistance could see price rise towards next Read more [...]
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Daily Technical

GBPUSD moved sideways in a trading range between 1.3451 and 1.3652

GBPUSD moved sideways in a trading range between 1.3451 and 1.3652. The sideways movement is likely consolidation of the uptrend from 1.2774. As long Read more [...]
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Daily Technical

EURUSD formed a sideways consolidation on 4-hour chart

EURUSD formed a sideways consolidation in a trading range between 1.1823 and 1.2092. Key support is now at 1.1823, as long as this level holds, the Read more [...]
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Daily Technical

GBPUSD stays above a bullish support trend line

GBPUSD stays above a bullish support trend line on the 4-hour chart and remains in the uptrend from 1.2774, the fall from 1.3618 is likely consolidation Read more [...]
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Daily Technical

AUDUSD stays in a bullish price channel

AUDUSD stays in a bullish price channel on its 4-hour chart and remains in the uptrend from 0.7807. As long as the price is in the channel, the pullback Read more [...]
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Daily Technical

AUDUSD remains in the uptrend from 0.7807

AUDUSD remains in the uptrend from 0.7807, the fall from 0.8124 is likely consolidation of the uptrend. Near term support is located at the bullish Read more [...]
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Daily Technical

GBPUSD extended its bullish movement to 1.3138

GBPUSD extended its bullish movement from 1.2774 to as high as 1.3138. As long as the price is above the bullish trend line from 1.2774 to 1.2852 on Read more [...]
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Daily Technical

GBPUSD remains in the uptrend from 1.2774

GBPUSD remains in the uptrend from 1.2774, the price action from 1.2978 is likely consolidation of the uptrend. Near term support is at 1.2852, as Read more [...]
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Daily Technical

EURUSD is facing 1.1823 support

EURUSD is facing 1.1823 support. A breakdown below this level will indicate the short term uptrend from 1.1662 had completed at 1.2070 already, then Read more [...]
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Daily Technical

AUDUSD failed to break below 0.7866 support

AUDUSD failed to break below 0.7866 support and moved sideways in a trading range between 0.7866 and 0.7995. As long as 0.7866 support holds, the sideways Read more [...]
Categories
Daily Technical

USDCAD extended its short term downtrend to 1.2444

USDCAD extended its short term downtrend from 1.2778 to as low as 1.2444, facing the previous low support at 1.2413. A breakdown below this level could Read more [...]
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Daily Technical

EURGBP Is Facing 0.9305 Resistance

EURGBP formed a double bottom pattern on its daily chart, with neckline at 0.8851 and measured move target at around 0.9400. After breaking above the Read more [...]