USDCAD Analysis. USDCAD stays in a falling price channel on 4-hour chart, and remains in downtrend from 0.9777, and the fall extended to as low as 0.9406. Resistance is at the upper border of the price channel,...
USDCAD Analysis. USDCAD remains in downtrend from 0.9777, the rise from 0.9423 is treated as consolidation of downtrend. Further fall to 0.9300 could be seen after consolidation, and a breakdown below 0.9423 could signal resumption of downtrend.
AUDUSD Analysis. AUDUSD stays above a uptrend line on 4-hour chart, and remains in uptrend. As long as the trend line support holds, uptrend could be expected to continue, and next target would be at 1.0950 area....
AUDUSD Analysis. AUDUSD broke off the trading range between 1.0525 and 1.0798, and reached as high as 1.0856, suggesting that the sideways move has completed and the uptrend from 1.0390 has resumed. Further rise towards 1.1011 previous...
USDCAD Analysis. USDCAD stays below a falling trend line on 4-hour chart, and remains in downtrend from 0.9777. further decline to test 0.9444 support could be seen later today, a breakdown below this level will indicate that...
USDCHF Analysis. USDCHF broke above 0.8198 resistance, and reached as high as 0.8276, suggesting that a cycle bottom had been formed at 0.8082 on 4-hour chart, and the fall from 0.8525 had completed. Further rally could be...
USDJPY Analysis. USDJPY formed a cycle bottom at 78.46 on 4-hour chart. Range trading between 78.46 and 79.58 is expected in a couple of days. The price action in the range could be treated as consolidation of...
USDJPY Analysis. USDJPY had formed a cycle bottom at 78.46 on 4-hour chart. Range trading between 78.46 and 80.00 would likely be seen in a couple of days. As long as 80.00 resistance holds, downtrend from 81.47...
EURUSD Analysis. EURUSD is now in uptrend from 1.3837, the fall from 1.4281 is treated as consolidation of uptrend. Range trading would likely be seen in a couple of days, and the trading range would be between...
GBPUSD Analysis. GBPUSD broke above 1.6139 key resistance, suggesting that the downtrend from 1.6546 had completed at 1.5781 already. Further rise could be seen in a couple of days, and next target would be at 1.6300 area....
