AUDUSD Analysis. AUDUSD might be forming a short term cycle top at 0.7615 level on 4-hour chart. Pullback towards the lower border of the rising price channel is expected later today. As long as the channel support...
EURUSD Analysis. EURUSD is forming a sideways consolidation in a range between 1.3191 and 1.3436. Further rally is expected to 1.3500 zone after consolidation. Initial support is at the lower border of the price channel on 4-hour...
USDCHF Analysis. USDCHF rebounds from 1.1245, suggesting that the pair is back to range trading between 1.1245 and 1.1432. The price action in the trading range is treated as consolidation of the downtrend from 1.1602, deeper decline...
USDCAD Analysis. USDCAD stays below the falling trend line from 1.2265 to 1.1898 and remains in downtrend from 1.2265. The 1.1761 (Jan 6 low) support is broken below. Further fall is still in favor. The next target...
USDJPY Analysis. USDJPY remains in short term uptrend from 95.62 and is testing 99.74 resistance, above this level will signal further rally to 100.00-100.50 area. Initial support is at 98.90 followed by 98.50. As long as 98.90...
USDJPY Analysis. USDJPY breaks above the previously mentioned price channel resistance, suggesting that a short term cycle bottom has been formed at 95.62 level on 4-hour chart and the downtrend from 101.43 has completed. Further rally is...
EURUSD Analysis. EURUSD rebounds from 1.2965. Range trading between 1.2884 and 1.3300 is still in favor, and further rally would more likely be seen to test 1.3300 resistance in a couple of days, a break above this...
EURUSD Analysis. EURUSD pulls back sharply from 1.3300 and breaks below the rising trend line on 4-hour chart, suggesting that a short term cycle top has been formed. Range trading between 1.2884 and 1.3300 is expected in...
USDCHF Analysis. USDCHF remains in short term downtrend from 1.1740. Deeper decline to test 1.1303 could be seen in a couple of days. A break down below this level will indicate that the rise from 1.1159 (Mar...
USDCAD Analysis. USDCAD has formed a short term cycle top at 1.2504 level on 4-hour chart. Deeper decline is still possible in a couple of days and the next target would be at 1.2100 zone. The price...
