Category: Short Term Analysis

USDCAD Key support at 1.1420 is broken below, USDCAD topped at 1.1492 on 4 hours chart, and the up trend from 1.1176 ended. Further fall towards 1.1350 level can be expected in a couple of days. Key...

USDJPY USDJPY moved without trend in a narrow range between 117.12 and 118.58 for two weeks. Further rise above 118.58 to reach the next cycle top on 4 hours chart will more likely be seen in the...

USDJPY USDJPY rebounded from 117.50 after meeting the up trend line support, the pair may be bottoming at 117.50 on 4 hours chart, and further rise above 118.58 to reach the next cycle top will more likely...

AUDUSD The rebound from 0.7613 is limited by the price channel resistance, and AUDUSD is topping at 0.7694 on 4 hours chart. Key support is at 0.7631, a break below this level may confirm the cycle top....

USDJPY USDJPY moves without trend in a range between 117.12 and 118.58 in the past two weeks. The pair is testing the down trend line resistance, if this resistance gives way, rise towards 119.00 level can be...

USDJPY USDJPY is forming a sideways consolidation in a range between 116.57 and 118.58, and further fall below 117.12 to reach the next cycle bottom on 4 hours chart is still possible in the next several days....

AUDUSD Support at 0.7644 is broken below, AUDUSD is now in down trend, and further fall to test 0.7558 previous low support is possible in the next several days. Near term resistance is at the down trend...

GBPUSD The previous high resistance at 1.9135 is broken above, and the up trend of GBPUSD resumes. Further rise towards 1.9300 level to reach the next cycle top on 4 hours chart is possible in the next...

USDJPY USDJPY is topping at 118.58 on 4 hours chart, key support is at 117.24, a break below this level may confirm the cycle top, and further fall towards 116.57 previous low can be expected after the...

USDCAD USDCAD is in correction to the up trend, and further fall below 1.1254 to reach the next cycle bottom can be seen in the next several days. Near term support is at 1.1254 and follow by...