GBPUSD Analysis. Being supported by the previous low at 1.4350, GBPUSD forms a sideways consolidation in a range between 1.4469 and 1.4706. Further fall is still possible after consolidation. A break down below 1.4469 will indicate that...
USDCAD Analysis. USDCAD rebounds further to as high as1.2339 level. Moving higher to retest 1.2394 previous high resistance is still in favor. A break above this level will signal further rally towards 1.2700 zone. Initial support is...
USDCAD Analysis. USDCAD breaks above 1.2070 resistance, further rally could be seen to retest 1.2394 previous high resistance. If this level gives way, the next target would be at 1.2700 zone. Near term support is at 1.2035,...
GBPUSD Analysis. GBPUSD consolidates in a narrow range between 1.4983 and 1.5372. As long as 1.4983 level holds, we’d expect uptrend to resume, and further rally could be expected to retest 1.5722 previous high resistance. However, a...
USDCHF Analysis. USDCHF formed a short term cycle top at 1.1277 level on 4-hour chart. Deeper decline is still possible to retest 1.0366 previous low support. Initial resistance is located at 1.1082 followed by 1.1277, only rise...
EURUSD Analysis. EURUSD breaks above 1.3658 key resistance, suggesting that a short term cycle bottom has been formed at 1.3313 on 4-hour chart. However, the rise from 1.3313 is treated as consolidation of downtrend, one more fall...
USDJPY Analysis. USDJPY is in short term uptrend, and the rise from 89.72 extends to 94.61 level. As long as 92.83 level holds, we’d expect uptrend to continue, and the short term target would be at 96.00...
AUDUSD Analysis. AUDUSD breaks above 0.7140 previous high resistance, and is forming a sideways consolidation above 0.7062. As long as this level holds, we’d expect uptrend to resume and further rally is possible to 0.7300 zone in...
USDCAD Analysis. USDCAD traded in a range between 1.1984 and 1.2394 for a couple of weeks. Fall to test 1.1984 could be seen later today. A break below this level will signal deeper decline towards 1.1820 key...
EURUSD Analysis. EURUSD is testing 1.3825 support, a break down below this level will signal deeper decline towards 1.3500 zone. However, as long as 1.3825 support holds, we’d expect one more rise to retest 1.4360 resistance. Initial...
