EURUSD Analysis. EURUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.2796, the fall from 1.3305 is treated as consolidation of the uptrend. As long as the trend line support holds,...
AUDUSD Analysis. AUDUSD remains in downtrend from 1.0582 (Apr 11 high), the bounce from 0.9434 is likely consolidation of the downtrend. Range trading between 0.9434 and 0.9791 could be expected in a couple of days. Key resistance...
AUDUSD Analysis. AUDUSD breaks below 0.9528 support, and continues its downward movement from 1.0582 (Apr 11 high), and the fall has extended to as low as 0.9448. Further decline could be expected, and next target would be...
AUDUSD Analysis. AUDUSD stays in a trading range between 0.9528 and 0.9791. Key resistance is now at 0.9791, as long as this level holds, the price action in the range could be treated as consolidation of the...
AUDUSD Analysis. After touching 0.9777 resistance, AUDUSD pulls back from 0.9791, suggesting that the pair remains in downtrend from 1.0582 (Apr 11 high), the rise from 0.9528 is treated as consolidation of the downtrend. Another fall could...
USDCAD Analysis. USDCAD stays in a trading range between 1.0286 and 1.0420. Key support is at 1.0286, as long as this level holds, the price action in the range is treated as consolidation of the uptrend from...
USDCAD Analysis. USDCAD is facing 1.0286 key support, a breakdown below this level will indicate that the uptrend from 1.0013 had completed at 1.0420 already, then the following downward movement could bring price back to 1.0100 zone....
EURUSD Analysis. EURUSD is facing 1.2998 key resistance, a break above this level will indicate that the downward movement from 1.3242 had completed at 1.2796 already, then the following upward movement could bring price to 1.3500 area....
EURUSD Analysis. EURUSD continues its sideways movement in a range between 1.2796 and 1.2998. Key resistance is at 1.2998, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from...
GBPUSD Analysis. GBPUSD failed to break above the upper line of the price channel on 4-hour chart, suggesting that the pair remains in downtrend from 1.5605, the price action from 1.5014 could be treated as consolidation of...
