GBPUSD Analysis. Being contained by the upper border of the rising price channel, GBPUSD pulled back from 1.6741 level. Deeper decline is expected to the lower border of the price channel. However the fall from 1.6741 is...
AUDUSD Analysis. AUDUSD might be forming a short term cycle top at 0.8667 level on 4-hour chart, key support is located at 0.8528, a break below this level will confirm the cycle top, then consolidation in a...
EURUSD Analysis. EURUSD’s uptrend from 1.4177 extends to as high as 1.4599 level. Further rise is still in favor and next target would be at 1.4650-1.4700 area. Near term support is at 1.4467, as long as this...
GBPUSD Analysis. GBPUSD’s rebound extends further to as high as 1.6586. The pair is testing 1.6623 resistance, a break above this level will suggest that the downtrend from 1.7042 has completed at 1.6113 already. Initial support is...
GBPUSD Analysis. Being contained by the upper border of the falling price channel on 4-hour chart, GBPUSD pulls back from 1.6441 level, suggesting that a short term cycle top is being formed. Key support is now located...
GBPUSD Analysis. GBPUSD formed a short term cycle bottom at 1.6113 level on 4-hour chart. Further rise to test the resistance of the upper border of the falling price channel is expected later today. Key resistance remains...
AUDUSD Analysis. Being supported by 0.8238, AUDUSD rebounded from 0.8239 level. Consolidation in a range between 0.8238 and 0.8400 would more likely be seen in a couple of days. As long as 0.8477 level holds, another fall...
USDJPY Analysis. USDJPY stays in the falling price channel on 4-hour chart and remains in short term downtrend from 95.05. Deeper decline is still possible to 92.00 zone. Near term resistance is at the upper border of...
AUDUSD Analysis. Being contained by 0.8477 previous high resistance, AUDUSD pulled back from 0.8470 level. Sideways consolidation in a range between 0.8300 and 0.8470 would more likely be seen before breaking above 0.8477 level and another fall...
GBPUSD Analysis. GBPUSD broke above the upper border of the price channel, suggesting that a short term cycle bottom is being formed at 1.6153 level on 4-hour chart. Range trading between 1.6153 and 1.6500 is expected in...
