AUDUSD Analysis. AUDUSD remains in short term downtrend from 0.7322. Deeper decline is expected to test 0.7032, a break below this level will suggest that the rise from 0.6284 (Mar 4 low) has completed at 0.7322 level...
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GBPUSD Analysis. GBPUSD drops below the rising trend line on 4-hour chart. Range trading between 1.4821 and 1.5066 is expected in a couple of days. Key support is now located at 1.4821, below this level will indicate...
USDCAD Analysis. USDCAD stays below the falling trend line on 4-hour chart and remains in short term downtrend from 1.2483. Deeper decline is still possible to test the previous low support at 1.1761 (Jan 6 low). Initial...
USDCAD Analysis. USDCAD remains in short term downtrend from 1.2483. Further fall is still in favor and the next target will be at 1.2000 zone. Initial resistance is at the falling trend line on 4-hour chart, as...
GBPUSD Analysis. GBPUSD breaks above 1.4778 resistance, suggesting that a short term cycle bottom has been formed at 1.4585 on 4-hour chart. Further rise could be seen to test 1.4957 resistance, a break above this level will...
USDJPY Analysis. USDJPY might be forming a short term cycle bottom at 99.31 level on 4-hour chart. Key resistance is located at 100.85, a break above this level will confirm the cycle bottom. Range trading between 99.31...
EURUSD Analysis. As expected, EURUSD drops below 1.3112 previous low support, and the fall from 1.3581 extends further to 1.3089 level. Deeper decline is still possible to 1.2900-1.3000 area. Near term resistance is at the falling trend...
EURUSD Analysis. Being contained by the previous low support at 1.3112, EURUSD rebounds from 1.3148 level. The rise is treated as consolidation of the short term downtrend from 1.3581. Deeper decline is still possible after consolidation and...
AUDUSD Analysis. AUDUSD breaks below 0.7057 key support, suggesting that a short term cycle top has been formed at 0.7227 level on 4-hour chart and the short term uptrend from 0.6768 has completed already. Deeper decline is...
