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GBPUSD Failed To Break Below Trend Line Support
By Franco Shao Posted On:December 7, 2017The GBPUSD pair failed in it attempt to break below the bullish support trend line on the 4-hour chart and…
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EURUSD broke below 1.1809 support
By Franco Shao Posted On:December 6, 2017EURUSD broke below 1.1809 support, suggesting that the upside movement from 1.1554 had completed at 1.1961 already. Further decline would…
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The GBPUSD pair remains in uptrend from 1.3039
By Franco Shao Posted On:December 5, 2017The GBPUSD pair remains in uptrend from 1.3039, the fall from 1.3549 could be treated as consolidation of the uptrend.…
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EURUSD’s fall from 1.1961 extended to 1.1827
By Franco Shao Posted On:November 29, 2017EURUSD’s fall from 1.1961 extended to as low as 1.1827. However, as long as the price is above the bullish…
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EURUSD extended its upside movement to 1.1944
By Franco Shao Posted On:November 26, 2017EURUSD extended its upside movement from 1.1554 to as high as 1.1944, breaking above 1.1879 key resistance, confirming that the…
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GBPUSD’s upside movement extended to 1.3279
By Franco Shao Posted On:November 21, 2017GBPUSD’s upside movement from 1.3039 extended to as high as 1.3279. Further rise to test 1.3337 key resistance is still…
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GBPUSD is testing 1.3229 resistance
By Franco Shao Posted On:November 16, 2017GBPUSD is testing 1.3229 resistance, a breakout of this level could take price to the key resistance at 1.3337. As…
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EURUSD failed to breakout of 1.1879 resistance
By Franco Shao Posted On:November 16, 2017EURUSD failed in its attempt to breakout of 1.1879 resistance and pulled back from 1.1860. However, as long as the…
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USDCAD broke below 1.2700 support
By Franco Shao Posted On:November 10, 2017USDCAD broke below 1.2700 support and extended its downside movement from 1.2916 to as low as 1.2666, facing the support…
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GBPUSD continued its sideways movement between 1.3027 and 1.3337
By Franco Shao Posted On:November 8, 2017GBPUSD continued its sideways movement in a trading range between 1.3027 and 1.3337. Another rise towards 1.3337 resistance would likely…
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EURUSD is in consolidation of the downtrend from 1.2092
By Franco Shao Posted On:November 5, 2017EURUSD is in consolidation of the downtrend from 1.2092 (Sep 8 high). Range trading between 1.1574 and 1.1725 would likely…
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USDCAD failed to breakout of 1.2916 resistance
By Franco Shao Posted On:November 2, 2017USDCAD failed to breakout of 1.2916 resistance and pulled back to break below a bullish trend line on the 4-hour…
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EURUSD is in consolidation for the downtrend from 1.1879
By Franco Shao Posted On:November 1, 2017EURUSD is in consolidation for the downtrend from 1.1879. Range trading between 1.1574 and 1.1685 would likely be seen in…
