GBPUSD Analysis. GBPUSD failed to test 1.6663 resistance and fell down from 1.6623 level. The pair is forming a short term cycle top on 4-hour chart, key support is located at 1.6375, a break below this level...
USDCAD Analysis. USDCAD broke below 1.0795 support last week. The pair is now in short term downtrend from 1.1124. Deeper decline to 1.0700 is expected later today. Near term resistance is at 1.0860, as long as this...
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USDJPY Analysis. USDJPY remains in downtrend from 97.78 and the price action from 93.67 is treated as consolidation of downtrend. Deeper decline is still possible later today, next target would be at 93.25 zone, and a break...
GBPUSD Analysis. GBPUSD might be forming a short term cycle top at 1.6592 level on 4-hour chart. Moving lower to test 1.6275 key support is expected in a couple of days, a break below this level will...
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GBPUSD Analysis. GBPUSD rebounds from 1.6275 and the rise extends to as high as 1.6592 level. Further rally to test 1.6663 previous high resistance is still possible later today. As long as this level holds, we’d expect...
EURUSD Analysis. EURUSD breaks below 1.4086 support, suggesting that the uptrend from 1.3748 (June 16 low) has completed at 1.4447 level already. Deeper decline is now in favor and target would be at 1.3800 zone. Now the...
EURUSD Analysis. EURUSD pulls back from 1.4327 level. Range trading between 1.4086 and 1.4327 is expected in a couple of days. Near term support is at the rising trend line from 1.3832 to 1.4007 now at 1.4147,...
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