USDJPY Analysis. USDJPY is in consolidation of the medium term uptrend from 87.12 (Jan 21 low). Moving sideways in a range between 96.35 and 98.70 is expected in a couple of days. Further rally is still possible...
EURUSD Analysis. EURUSD stays in a trading range between 1.2512 and 1.2991. The fall from 1.2991 could possibly be resumption of the medium term downtrend from 1.4719 (Dec 18, 2008 high). Deeper decline would more likely be...
USDCAD Analysis. USDCAD moves sideways in a range between 1.2356 and 1.2672. Rise to test 1.2672 resistance is now in favor. A break above this level will indicate that the short term uptrend from 1.2024 (Jan 28...
USDJPY Analysis. USDJPY’s short term uptrend from 92.50 extends to as high as 97.86 level. Near term support is now at 96.35, as long as this level holds, we’d expect uptrend to continue and next target would...
GBPUSD Analysis. GBPUSD might be forming a short term cycle top at 1.4661 level on 4-hour chart. Key support is at 1.4250, a break below this level is needed to confirm the cycle top. If 1.4250 level...
AUDUSD Analysis. AUDUSD breaks above 0.6529 resistance and reaches 0.6546 only. The pair might be forming a short term cycle top at 0.6546 level on 4-hour chart. Key support is located at 0.6331, a break below this...
USDCAD Analysis. USDCAD breaks below 1.2466 support, suggesting that a short term cycle top has been formed at 1.2672 on 4-hour chart. Moving sideways would more likely be seen in a couple of days. Near term resistance...
GBPUSD Analysis. Being supported by 1.4051, GBPUSD rebounds from 1.4093 level, suggesting that the range trading between 1.4051 and 1.4606 is underway. However, the price action from 1.4134 is more likely consolidation of the short term downtrend...
AUDUSD Analysis. AUDUSD is in short term downtrend. The rebound from 0.6331 is treated as consolidation of the downtrend from 0.6641. Deeper decline is still possible to test 0.6248 previous low support, and a break below 0.6331...
AUDUSD Analysis. AUDUSD breaks below 0.6428 previous low support and reaches as low as 0.6331. Further fall is still possible to test 0.6248 in a couple of days, below this level will signal deeper decline towards 0.6100...
