Category: Short Term Analysis

USDCHF USDCHF is bottoming at 1.2374 on 4 hours chart, key resistance is now at 1.2496, a break above this level will confirm the cycle bottom. Near term support is at 1.2420 and followed by 1.2374, only...

USDCHF Being contained by the up trend line from 1.1881 to 1.2111, USDCHF rebound from 1.2374 and reach 1.2496 high. Further fall below 1.2374 to reach the next cycle bottom is still possible in a couple of...

EURUSD Resistance at 1.2998 is broken above, EURUSD is in up trend, more sharply rise towards 1.3100 level is still possible later today. Near term support is at 1.2921, only break below this level may signal the...

EURUSD EURUSD traded in a narrow range between 1.2895 and 1.2998. Break above 1.2998 indicate the medium term up trend is underway. Near term support is at 1.2895, and followed by 1.2865, only break below the key...

EURUSD Key resistance at 1.2988 is broken above, EURUSD bottomed at 1.2865 on 4 hours chart. Further rise above 1.3014 to reach the next cycle top on daily chart can be expected in the next several days....

EURUSD EURUSD is bottoming at 1.2865 on 4 hours chart, key resistance is at 1.2988, a break above this level may confirm the cycle bottom, and further rise above 1.3014 to reach the next cycle top on...

AUDUSD Previous high resistance at 0.7858 is broken above, AUDUSD will rise towards the top of the price channel to reach the next cycle top on 4 hours chart later today. Near term support is at the...

AUDUSD AUDUSD fell from 0.7858 and reached the bottom of the price channel, beak below the channel support may signal the resumption of the down trend, and further decline towards 0.7759 is possible in the next several...

GBPUSD GBPUSD is in up trend, further rise towards 1.9750 previous high to reach the next cycle top can be expected in the next several days. Near term support is at 1.9500, only break below this level...

GBPUSD GBPUSD rebounded from 1.9260 and reached 1.9606 high last week. Further rise towards 1.9750 previous high can be expected in a couple of days. Near term support is at 1.9420, only break below this level may...