EURUSD Analysis. EURUSD is in correction of the uptrend from 1.2042. Pullback to 1.2170 area to complete the correction is expected. Resistance is at 1.2389, a break above this level could signal resumption of the uptrend, and...
USDCAD Analysis. USDCAD continues its downward movement from 1.0230, and the fall extends to as low as 1.0003. Further decline could be expected over the next several days, and next target would be at 0.9950 area. Resistance...
AUDUSD Analysis. AUDUSD breaks above 1.0443 previous high resistance, and continues its upward movement from 0.9581 (Jun 1 low). Further rise could be expected over the next several days, and the target would be at the upper...
EURUSD Analysis. EURUSD breaks above the resistance of the upper line of the price channel on 4-hour chart, suggesting that a cycle bottom has been formed at 1.2042, and the fall from 1.2747 (Jun 18 high) has...
EURUSD Analysis. EURUSD may be forming a cycle bottom at 1.2042 on 4-hour chart, further rise to test the resistance of the upper line of the downward price channel on 4-hour chart would likely be seen. As...
AUDUSD Analysis. AUDUSD has reached the lower line of the price channel on 4-hour chart, rebound could be expected later today. Resistance is now at 1.0280, a break above this level will indicate that a cycle bottom...
USDCAD Analysis. USDCAD remains in downtrend from 1.0445, the rise from 1.0065 is treated as consolidation of the downtrend. Further rise to test 1.0249 key resistance is possible, as long as this level holds, we’d expect downtrend...
AUDUSD Analysis. After touching the upper border of the price channel on 4-hour chart, AUDUSD pulled back from 1.0443, suggesting that a cycle top had been formed. Further decline would likely be seen over the next several...
USDCHF Analysis. USDCHF is in consolidation of the uptrend from 0.9421. Key support is at the upward price channel on 4-hour chart, as long as the channel support holds, we’d expect uptrend to resume, and another rise...
USDCHF Analysis. USDCHF stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.9421, the fall from 0.9872 is treated as consolidation of the uptrend. Further decline to test the support of the...
