EURUSD Analysis. Being contained by 1.4843 previous high resistance, EURUSD pulled back from 1.4816 last Friday, suggesting that a short term cycle top is being formed on 4-hour chart. Key support is now located at 1.4649, a...
USDJPY Analysis. USDJPY is in downtrend from 90.40. As long as resistance of the upper border of the falling price channel holds, we’d expected downtrend to continue and another fall could be seen to 87.50 zone. However,...
GBPUSD Analysis. GBPUSD continues to trade in a range between 1.5770 and 1.6125. As long as 1.6125 resistance holds, the price action from 1.5770 is treated as consolidation of downtrend from 1.6741. Moving sideways in the range...
USDCHF Analysis. USDCHF breaks below 1.0283 support, suggesting that a short term cycle top has been formed at 1.0452 level on 4-hour chart. Deeper decline is possible to test 1.0186 previous low support in a couple of...
USDJPY Analysis. USDJPY stays in a trading range between 88.24 and 90.40. As long as 90.40 key resistance holds, the price action from 88.24 is treated as consolidation of downtrend from 97.78 (Aug 7 high) and deeper...
EURUSD Analysis. EURUSD remains in downtrend from 1.4843 and the fall extended further to as low as 1.4484 level. Deeper decline to 1.4450-1.4480 area to reach the next short term cycle bottom is possible, and the next...
EURUSD Analysis. EURUSD’s downtrend from 1.4843 extends further to as low as 1.4502 level. Further fall is still possible later today and next target would be at 1.4450-1.4480 area. Key resistance is now located at 1.4673, as...
GBPUSD Analysis. GBPUSD’s rebound from 1.5770 extended further to as high as 1.6125 level, subsequent pullback could possibly be resumption of downtrend from 1.6741. Deeper decline to re-test 1.5770 previous low support is now in favor, a...
GBPUSD Analysis. No changed in our view, GBPUSD remains in downward trend from 1.6741 and the rebound from 1.5770 is treated as consolidation of downtrend. Range trading between 1.5770 and 1.6150 is expected in a couple of...
USDJPY Analysis. USDJPY rebounded sharply from 88.24, suggesting that a short term cycle bottom has been formed on 4-hour chart. Range trading between 88.24 and 90.60 is expected in a couple of days. As long as 90.60...
