USDCHF Analysis.USDCHF formed a short term cycle top at 1.0623 on 4-hour chart. The rise from 0.9995 (Apr 22 low) might be completed and the fall from 1.0623 could possibly be resumption of the down trend. Deeper...
GBPUSD Analysis.GBPUSD is in down trend. Further fall to test 1.9337 (Jan 22 low) long term key support is possible in a couple of days. Initial resistance is at 1.9621, as long as this resistance holds, down...
USDJPY Analysis. USDJPY pulls back to as low as 103.40. Further fall to 103.00 area to reach the next short term cycle bottom on 4-hour chart is expect and the next cycle bottom is nearing. As long...
EURUSD Analysis.EURUSD breaks below long term key support at 1.5342 (Mar 24 low) and is now in long term down trend, the long term target would be at 1.5000 area. For short term analysis, the pair formed...
USDJPY Analysis. Being contained by the support of the up trend line from 95.77 (Mar 17 low) to 100.30 (Apr 14 low), USDJPY rebounds from 104.02 and is forming a short term cycle bottom on 4-hour chart....
USDCAD Analysis. USDCAD traded in a range between 0.9987 (Apr 17 low) and 1.0326 (Apr 1 high). Fall below 0.9987 is still in favor. Key resistance is located at 1.0326, a break of this level will signal...
AUDUSD Analysis.AUDUSD is testing 0.9290 support, a break of this level will signal the resumption of the down trend and deeper decline to 0.9000 area is expected to follow. Key resistance is at 0.9541, only rise above...
EURUSD Analysis.EURUSD’s down trend extended further to as low as 1.5516. Rebound from 1.5516 is treated as consolidation to the down trend. Near term resistance is now at 1.5693, as long as this resistance holds, we’d expect...
USDCHF traded in a narrow range between 1.0298 and 1.0430. further rally to 1.0600 area to reach the next short term cycle top is still in favor after consolidation, and a break of 1.0430 will signal the...
AUDUSD Analysis.AUDUSD formed a short term cycle top at 0.9541 and dropped sharply to as low as 0.9290. Further decline to test 0.9220 area to reach the next cycle bottom on 4-hour chart is still possible in...
