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Being supported by the 20-weekly moving average on its weekly chart, the GBP/USD pair rebounded from 1.2589, suggesting that lengthier consolidation for the long term downtrend from the July 2014 high...
USD/CAD’s fall from the May 5 high of 1.3793 extended to as low as 1.3137 and broke below the bottom support trend line at 1.3230 of the price channel on its weekly chart, suggesting that the...
USD/CNH’s bullish movement from the June 1 low of 6.7210 extended to as high as 6.8583 and broke above the key resistance at the March 15 low of 6.8450, suggesting that the long term uptrend...
EUR/GBP’s bullish movement from the April 18 low of 0.8313 extended to as high as 0.8866. After touching the resistance of the January 16 high of 0.8851, the pair pulled back and formed a...
The NZD/USD pair is facing the resistance of the descending trend line from the September 2016 high of 0.7484 to the February 7 high of 0.7374, now at around 0.7275 on its daily chart. After touching...
After breaking below the bullish trend line from 1214.17 to 1258.92 at 1270 on its 4-hour chart, XAU/USD started a bearish movement from the June 6 high of 1295.94, and the bearish movement extended...
Under pressure by the resistance of the November 2016 high of 1.1299, the EUR/USD pair pulled back from 1.1295 and broke below the major bullish support trend line at 1.1160 on its daily chart,...
The USD/JPY pair failed to break below the April 17 low of 108.13 and recently moved above the bearish trend line from 111.71 to 110.81 at 110.15 on its 4-hour chart, suggesting that the bearish...
After breaking above the bearish trend line from 6.8876 to 6.8351 on its 4-hour chart, the USD/CNH pair continued to break above the major resistance at the June 2 high of 6.7918, and is now trades in...
USD/JPY stays below the bearish trend line from 111.71 to 110.81 with resistance at around 110.20 on its 4-hour chart, suggesting that the pair remains in bearish movement from the May 11 high of...
GBP/USD recently broke below 1.2755 support on its daily chart, indicating that the short term bullish movement from the March 14 low of 1.2109 had completed at the May 18 high of 1.3047 already....
USD/CAD broke below the bottom trend line at 1.3435 of the price channel on its daily chart, suggesting that the uptrend started from the January 31 low of 1.2968 had completed at the May 5 high of...
Under pressure by the resistance of the April 17 high of 1295.44, XAU/USD pulled back to 1265 and broke below the bullish trend line from the May 9 low of 1214.17 to the June 2 low of 1258.92 at 1270...
USD/CNH recently broke above the bearish trend line from the May 24 high of 6.8876 to the May 31 high of 6.8351 at 6.7725 on its 4-hour chart and is now facing the 6.7918 resistance. A break of this...
GBP/USD moved sideways in a trading range between 1.2756 and 1.3047. As long as the pair is above 1.2756 support, the sideways movement could be treated as consolidation of the uptrend from the March...
After touching the bottom support trend line of the price channel on the weekly chart, USD/CNH rebounded strongly from 6.7210 to 6.7918, indicating that a short term bottom had been formed. USD/CNH...
After breaking above the major resistance of the December 2016 high of 124.09, EUR/JPY formed as sideways movement in a trading range between 122.55 and 125.81. All we can do now is to wait for the...