USDJPY Analysis. Being contained by 76.29 previous low support, USDJPY rebounded from 76.35. Another fall to re-test 76.29 support is still possible later today, a breakdown below this level could signal resumption of the long term downtrend....
USDJPY Analysis. USDJPY continued its downward movement, and the fall extended to as low as 76.70. Further fall to test 76.29 previous low support could be seen later today, a breakdown below this level will indicate that...
GBPUSD Analysis. GBPUSD moved sideways in a range between 1.6223 and 1.6475. Lengthier consolidation in the range is possible in a couple of days. As long as 1.6223 support holds, uptrend from 1.5781 could be expected to...
EURUSD Analysis. EURUSD continued its downward movement from 1.4535 and the fall extended to as low as 1.4055. Deeper decline is still possible in a couple of days, and next target would be at 1.3950 area. Resistance...
EURUSD Analysis. EURUSD stays below a downtrend line on 4-hour chart, and remains in downtrend from 1.4535, the rise from 1.4143 would possibly be consolidation of downtrend. As long as the trend line resistance holds, we’d expect...
USDJPY Analysis. USDJPY formed a cycle bottom at 76.29 on 4-hour chart. Range trading between 76.29 and 78.02 would likely be seen in a couple of days. As long as 78.02 resistance holds, the price action in...
USDJPY Analysis. USDJPY broke below 76.40 previous low and reached as low as 76.29. The pair is now forming a cycle bottom on 4-hour chart, consolidation of downtrend from 81.47 is needed in a couple of days,...
USDJPY Analysis. Being supported by 76.40 previous low, USDJPY rebounded from 76.72. The pair is now facing the resistance of the downtrend line on 4-hour chart, as long as the trend line resistance holds, another fall to...
EURUSD Analysis. EURUSD is facing the support of the lower border of the price channel on 4-hour chart. As long as the channel support holds, uptrend could be expected to resume, and rebound would likely be seen...
EURUSD Analysis. EURUSD has formed a cycle top at 1.4535 on 4-hour chart. Further decline would likely be seen later today, and first target would be at the lower border of the price channel. As long as...
