GBPUSD Analysis. GBPUSD continued its downward move from 1.6453 and the fall extended to as low as 1.5823. Deeper decline to test 1.5781 (Jul 12 low) support is expected in a couple of days, however, minor consolidation...
GBPUSD Analysis. GBPUSD stays below a downtrend line on 4-hour chart, and remains in downtrend from 1.6453, and the fall extended to as low as 1.5912. As long as the trend line resistance holds, downtrend could be...
AUDUSD Analysis. Being supported by the lower border of the price channel on 4-hour chart, AUDUSD rebounded from 1.0481, suggesting that a cycle bottom has been formed on 4-hour chart. Further rise towards 1.0764 previous high is...
AUDUSD Analysis. AUDUSD is testing the support of the price channel on 4-hour chart. A clear break below the channel support will indicate that the rise from 0.9927 has completed at 1.0764 already, then deeper decline could...
AUDUSD Analysis. AUDUSD is facing the support of the price channel on 4-hour chart, a clear break below the channel support will confirm that the longer term uptrend from 0.9927 has completed at 1.0764 already, then the...
USDCAD Analysis. USDCAD bounced from 0.9725, suggesting that a cycle bottom has been formed on 4-hour chart. Further rise could be seen in a couple of days, and target would be at the upper border of the...
AUDUSD Analysis. AUDUSD continued its upward movement from 1.0315 and the rise extended to as high as 1.0764. Initial support is at the uptrend line on 4-hour chart, as long as the trend line support holds, uptrend...
USDCHF Analysis. USDCHF has formed a cycle top at 0.8240 on 4-hour chart. Support is now at the lower border of the price channel, as long as the channel support holds, the fall from 0.8240 is treated...
USDCHF Analysis. USDCHF’s upward move from 0.7067 extended further to as high as 0.8240. Support is now at 0.8075, as long as this level holds, uptrend could be expected to continue, and another rise to 0.8400 is...
GBPUSD Analysis. GBPUSD rebounded from 1.6208, suggesting that a cycle bottom has been formed on 4-hour chart. Range trading between 1.6208 and 1.6460 is expected in a couple of days, as long as 1.6460 resistance holds, the...
