USDCHF Analysis. USDCHF is facing 0.8275 previous low support, a breakdown below this level will indicate that the longer term downtrend from 0.9774 (Feb 11 high) has resumed, then further fall towards 0.8000 could be seen. Initial...
USDCHF Analysis. USDCHF stayed in a trading range between 0.8275 and 0.8550 for several weeks. The price action in the range is treated as consolidation of longer term downtrend from 0.9774 (Feb 11 high). Further fall to...
EURUSD Analysis. EURUSD continues its downward move from 1.4577, and the fall extended to as low as 1.4197. Resistance is at 1.4305 followed by 1.4375, as long as these levels hold, downtrend could be expected to continue,...
AUDUSD Analysis. AUDUSD is facing 1.0789 resistance, a break above this level will indicate that the uptrend from 1.0390 has resumed, then another rise towards 1.1011 previous high could be seen. However, as long as 1.0789 resistance...
USDJPY Analysis. USDJPY remains in uptrend from 79.69, the price action from 81.26 is treated as consolidation of uptrend. Support is at the uptrend line on 4-hour chart, as long as the trend line support holds, we’d...
USDJPY Analysis. USDJPY is facing 81.26 resistance. Further rise would likely be seen after a minor consolidation, and next target would be at 81.60-81.80 area. Key support is at the uptrend line on 4-hour chart, as long...
USDJPY Analysis. USDJPY remains in short term uptrend from 79.69. The price action from 81.26 is treated as consolidation of uptrend. Key support is at the uptrend line on 4-hour chart, as long as the trend line...
EURUSD Analysis. EURUSD continued its upward move from 1.4102 and the rise extended to as high as 1.4577. Support is at 1.4435, as long as this level holds, uptrend could be expected to continue, and next target...
GBPUSD Analysis. After touching the downtrend line from 1.6441 to 1.6261, GBPUSD dropped from 1.6118. Now the fall from 1.6118 would possibly be resumption of downtrend from 1.6546. Deeper decline to test 1.5912 previous low support is...
GBPUSD Analysis. GBPUSD is facing the resistance of the downtrend line from 1.6441 to 1.6261, a clear break above the trend line resistance will indicate that a cycle bottom had been formed at 1.5912, then lengthier consolidation...