USDCAD Analysis. USDCAD remains in downtrend from 1.0083, the rise from 0.9859 is treated as consolidation of the downtrend. Resistance is now at 0.9930, as long as this level holds, we’d expect downtrend to resume, and another...
USDCAD Analysis. USDCAD’s downward movement from 1.0083 extends to as low as 0.9859. Resistance is now at 0.9930, as long as this level holds, the downtrend could be expected to continue, and next target would be at...
EURUSD Analysis. EURUSD is facing the support of the upward trend line from 1.2042 to 1.2134 again, rebound could be expected after touching the trend line, and another rise to test 1.2442 would likely be seen. On...
EURUSD Analysis. EURUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.2042, the price action from 1.2389 is treated as consolidation of the uptrend. Another rise to test 1.2442 resistance could...
EURUSD Analysis. EURUSD failed to break below the upward trend line from 1.2042 to 1.2134, and rebounded from 1.2241, suggesting that a cycle bottom is being formed on 4-hour chart. Further rise to test 1.2442 resistance would...
EURUSD Analysis. EURUSD is facing the support of the upward trend line on 4-hour chart, as long as the trend line support holds, we’d expect uptrend to resume, and another rise to 1.2600 area is still possible....
EURUSD Analysis. EURUSD stays above the upward trend line from 1.2042 to 1.2134, and remains in uptrend, the price action from 1.2389 is treated as consolidation of the uptrend. Another rise towards 1.2600 is still possible after...
USDCHF Analysis. USDCHF remains in downtrend from 0.9971. Another fall could be expected after a minor consolidation, and next target would be at 0.9500 area. Resistance is at 0.9770, followed by the downward trend line on 4-hour...
GBPUSD Analysis. GBPUSD stays in a trading range between 1.5458 and 1.5767. Lengthier consolidation in the range is still possible in a couple of days. Resistance is at 1.5767, a break above this level will target 1.5900...
USDJPY Analysis. USDJPY is in downtrend from 80.62 (Jun 25 high), the sideways movement from 77.94 is treated as consolidation of the downtrend. Key resistance is now at 79.15, as long as this level holds, we’d expect...
