USDCAD Analysis. USDCAD breaks above 1.0727 (Aug 12 high) previous high resistance and reaches as high as 1.0747 level, suggesting that a long term bullish movement is underway. Initial support is at 1.0613, as long as this...
USDCAD Analysis. USDCAD traded in range between 1.0410 and 1.0727 (Aug 12 high). Further rise to test 1.0727 previous high resistance is still possible in a couple of days. As long as 1.0727 level holds, we’d expect...
AUDUSD Analysis. AUDUSD is forming a sideways consolidation in a range between 0.8493 and 0.8812. Rebound to test 0.8812 previous high resistance is possible in a couple of days. As long as this level holds, we’d expect...
EURUSD Analysis. EURUSD formed a cycle bottom at 1.4571 on 4-hour chart. Sideways consolidation between 1.4571 and 1.4908 could be seen in a couple of days. As long as price stays below 1.4908, we’d expect down trend...
USDCHF Analysis. USDCHF might be forming a short term cycle top at 1.1084 on 4-hour chart. Pullback to test 1.0842 could be seen in a couple of days. Breaking through 1.0842 level will indicate that the up...
GBPUSD Analysis. GBPUSD’s down trend remains and the fall from 1.8794 extended to 1.8330 level. As long as 1.8590 resistance holds, we’d expect down trend to continue, and deeper decline is still possible to 1.8200 in a...
EURUSD Analysis. EURUSD is in range trading between 1.4629 and 1.4977. The fall from 1.4908 could possibly be resumption of down trend. Deeper decline is expected to 1.4500 in a couple of days, and a break below...
AUDUSD Analysis. AUDUSD formed a short term cycle top on 4-hour chart, and the fall from 0.8812 could possibly be resumption of down trend. Further decline to test 0.8512 (Jan 22 low) support is expect later today....
AUDUSD Analysis. AUDUSD breaks above 0.8795 resistance and reaches 0.8812 level. Further rise to test 0.8952 resistance is now in favor. However, the rebound from 0.8591 is treated as consolidation to down trend. As long as 0.8952...
AUDUSD Analysis. AUDUSD is forming a sideways consolidation in a range between 0.8591 and 0.8795. As long as 0.8795 resistance holds, we’d expect down trend to resume, and further fall towards 0.8400 level could be seen after...
