GBPUSD Analysis. GBPUSD’s fall from 1.5779 extended to as low as 1.5561. Further decline is still possible later today, and next target would be at 1.5500 area. Key resistance is now at 1.5779, a break above this...
USDCHF Analysis. USDCHF moved sideways in a range between 0.9066 and 0.9329. As long as 0.9066 key support holds, the price action in the range could be treated as consolidation of uptrend from 0.8569, and another rise...
USDCHF Analysis. USDCHF has formed a cycle bottom at 0.9066 on 4-hour chart. Range trading between 0.9066 and 0.9329 would likely be seen in a couple of days. Resistance is at 0.9329, a break above this level...
EURUSD Analysis. EURUSD is testing the resistance of the price channel on 4-hour chart. As long as the channel resistance holds, the price action from 1.3212 could be treated as consolidation of downtrend from 1.4246, and one...
EURUSD Analysis. EURUSD is facing resistance of the price channel on 4-hour chart, a clear break above the channel will indicate that the downtrend from 1.4246 had completed at 1.3212 already, then the following upward move could...
USDCHF Analysis. USDCHF had formed a cycle top at 0.9329 on 4-hour chart. Range trading between 0.9085 and 0.9329 would likely be seen in a couple of days. As long as 0.9085 support holds, the price action...
USDCHF Analysis. USDCHF broke below the lower line of the price channel on 4-hour chart, suggesting that lengthier consolidation of uptrend from 0.8569 is underway. Range trading between 0.9085 and 0.9329 would likely be seen in a...
AUDUSD Analysis. AUDUSD has broken above the downward trend line on 4-hour chart, suggesting that the downtrend from 1.0342 has completed at 0.9663 already. Lengthier consolidation of the longer term downtrend from 1.0751 would likely be seen...
AUDUSD Analysis. AUDUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.0342. As long as the trend line resistance holds, downtrend could be expected to continue after a minor consolidation and...
AUDUSD Analysis. AUDUSD continued its downward move yesterday, and the fall extended to as low as 0.9663. Resistance remains at he downward trend line on 4-hour chart, as long as the trend line resistance holds, downtrend could...
