Category: Short Term Analysis

USDJPY USDJPY is testing the resistance of the down trend line. The pair may be bottoming at 114.41 on 4 hours chart, key resistance is now at 115.36, a break above this level may confirm the cycle...

AUDUSD AUDUSD is in correction to the up trend, and f further fall towards 0.7820 level is still possible in a couple of days. Key resistance is at 0.7925, a break above this level may signal the...

AUDUSD Key support at 0.7847 is broken below, AUDUSD topped at 0.7925 on 4 hours chart. Further fall towards 0.7820 level is still possible in a couple of days. Key resistance is now at 0.7925, a break...

EURUSD No change in our view, EURUSD stays in the rising price channel and the bias remains bullish. Further rise towards 1.3400 level can be expected later today. Near term support comes at 1.3219, as long as...

EURUSD EURUSD stays in the rising price channel and is in up trend. More sharply rise towards 1.3500 level can be expected in the next several days. Near term support is at the price channel, and up...

GBPUSD GBPUSD stays in the rising price channel and is in up trend. More sharply rise towards 2.000 level can be expected next week. Near term support is at the price channel, and up trend will contain...

USDCHF USDCHF is oversold and the cycle bottom on 4 hours chart is nearing, a slightly correction is needed before the resumption of the down trend, and a break above 1.2092 level may confirm such case. Otherwise,...

EURUSD  EURUSD fail to test the resistance of the price channel and is topping at 1.3161 on 4 hours chart. The pair is overbought now, a slightly correction is needed, and pullback towards the bottom of the...

USDCHF USDCHF is in down trend and further fall to test 1.1919 previous low support is still possible in a couple of days. Near term resistance is at the down trend line, and as long as the...

USDCAD USDCAD may be bottoming on 4 hours chart, the rebound from 1.1380 is treated as in correction to the down trend, and further fall towards 1.1250 level can be expected after this correction. Key resistance is...