USDCAD Analysis. USDCAD formed a sideways consolidation in a range between 1.2191 and 1.2445 for several days. Near term resistance is at the upper border of the price channel, above the channel resistance will signal further rally...
EURUSD Analysis. EURUSD has formed a short term cycle top at 1.3738 on 4-hour chart. Consolidation in a range between 1.3250 and 1.3738 is expected in next several days. Key support is at 1.3250, a break below...
USDCHF Analysis. USDCHF remains in short term downtrend from 1.1963. The rebound from 1.1159 is treated as consolidation of the downtrend. Deeper decline could be seen to 1.1000 after consolidation. Initial resistance is at 1.1350, and key...
USDCAD Analysis. USDCAD remains in short term downtrend from 1.3063. The rebound from 1.2191 is more likely consolidation of the downtrend. Initial resistance is at the upper border of the price channel on 4-hour chart, as long...
USDJPY Analysis. USDJPY remains in short term downtrend from 98.96. Further fall to 92.00 zone to reach the next short term cycle bottom is possible, and the next cycle bottom is nearing. Key resistance is now located...
USDCHF Analysis. USDCHF pulls back quickly to as low as 1.1376 and breaks through 1.1430 key support, suggesting that the medium term uptrend from 1.0366 (Dec 29, 2008 low) has completed at 1.1963 level already. Further decline...
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GBPUSD Analysis. GBPUSD remains in short term uptrend from 1.3654 though the pullback from 1.4231 has extended to 1.3964 level. One more rise to test 1.4305 key resistance is still possible after consolidation and a break above...
EURUSD Analysis. EURUSD breaks above 1.2991 (Feb 23 high) medium term key resistance, suggesting that the fall from 1.4719 (Dec 18, 2008 high) has completed at 1.2456 level. Further rally is expected to 1.3200 in a couple...
AUDUSD Analysis. AUDUSD remains in short term uptrend from 0.6284. Further rise is still possible to 1.6700 zone later to days. Near term support is now located at the lower border of the price channel on 4-hour...
