USDJPY Analysis. USDJPY stays in a falling price channel on 4-hour chart and remains in downward trend. Deeper decline towards 88.01 previous low is still possible later today, however, rebound is expected before breaking below this level....
USDJPY Analysis. USDJPY remains in downtrend from 92.32 and the fall extended further to as low as 88.64 level. Deeper decline is still possible later today. Rebound would more likely be seen before breaking below 88.01 previous...
USDCAD Analysis. USDCAD stays in a trading range between 1.0416 and 1.0617. The price action from 1.0416 is more likely consolidation of downward trend from 1.0852. Another rise to test the upper border of the rising price...
USDCAD Analysis. USDCAD broke above the falling price channel on 4-hour chart. However, the rise can reach 1.0617 level only. Now the fall from 1.0617 is more likely resumption of downtrend from 1.0852, and another fall towards...
USDCHF Analysis. USDCHF stays in a trading range between 1.0035 and 1.0193. Moving sideways without trend in the range is expected later today. However, the price action from 1.0035 is more likely consolidation of downward trend from...
GBPUSD Analysis. GBPUSD is forming a short term cycle bottom at 1.6515 level on 4-hour chart. Now the rise from 1.6515 is possibly be resumption of uptrend from 1.5708, a break above 1.6840 key resistance will confirm...
AUDUSD Analysis. After breaking above 0.9326 previous high resistance, AUDUSD dropped below 0.9254 key support, suggesting that a short term cycle top has been formed at 0.9368 level on 4-hour chart and the rise from 0.8916 has...
GBPUSD Analysis. As expected, GBPUSD formed a short term cycle top at 1.6841 level on 4-hour chart. Deeper decline is still possible later today and next target would be at 1.6400 zone. However, the fall from 1.6841...
EURUSD Analysis. Being contained by 1.5062 previous high resistance, EURUSD pulled back from 1.5019, suggesting that a minor consolidation of uptrend from 1.4626 is on the way. Another fall towards the lower border of the rising price...
EURUSD Analysis. EURUSD’s uptrend from 1.4626 extended to as high as 1.5020. Further rise to test 1.5062 is possible later today. Support is now located at the rising trend line from 1.4626 to 1.4811, as long as...
