USDCAD Analysis. USDCAD broke above 1.0080 resistance and reached 1.0116 level. Further rebound is expect to test 1.0238 (July 1 high), a break of this level will indicate that the fall from 1.0322 (June 10 high) has...
AUDUSD Analysis. AUDUSD formed a short term cycle top at 0.9849 on 4-hour chart. Sideways consolidation in a range between 0.9677 and 0.9849 could be seen in next few days. Near term support is at 0.9677 and...
GBPUSD Analysis. GBPUSD formed a short term cycle top at 2.0158 on 4-hour chart. Deeper decline to test 1.9814 support is still possible in a couple of days, and sideways consolidation would more likely be seen before...
EURUSD Analysis.EURUSD is testing the support of the up trend line from 1.5302 (Jun 13 low) to 1.5611, fall below this trend line support will take price to test 1.5611 level. Initial resistance is at 1.5893, above...
EURUSD Analysis.EURUSD formed a short term cycle top at 1.6038 on 4-hour chart. Consolidation in a range between 1.5775 and 1.6038 could be seen in next few days. Initial support is at the up trend line from...
EURUSD Analysis.EURUSD broke above 1.6019 (Apr 22 high) long term key resistance and pulled back from 1.6038 level. The pair might be forming a short term cycle top on 4-hour chart. Consolidation would more likely be seen...
USDCHF Analysis.USDCHF traded in range between 1.0136 and 1.0250. Deeper decline to test 1.0111 support is still possible later today. As long as 1.0111 support holds, we’d expect up trend to resume, and then rebound to test...
EURUSD Analysis.EURUSD broke above 1.5908 resistance. Further rise to test 1.6019 (Apr 22 high) long term key resistance is still possible later today. A break of this level will indicate that the sideways consolidation in range between...
USDJPY Analysis.USDJPY is forming a sideways consolidation in a range between 106.25 and 107.75. Pullback to 106.00 area to reach next short term cycle bottom on 4-hour chart would more likely be seen next week. Key resistance...
AUDUSD Analysis.AUDUSD broke below 0.9493 support and reached 0.9475 only. The subsequent rebound could possibly be resumption of up trend. Further rally is expected in a couple of days. Key support is now located at 0.9475, only...
