GBPUSD Analysis. GBPUSD has reached the upper border of the price channel on 4-hour chart. Pullback from the channel resistance would likely be seen later today. Support is at 1.5650, a breakdown below this level will indicate...
GBPUSD Analysis. GBPUSD has formed a cycle bottom at 1.5484 level on 4-hour chart. Now the price action from 1.5484 is treated as consolidation of downtrend. Bounce towards the upper border of the price channel would likely...
AUDUSD Analysis. AUDUSD may be forming a cycle bottom at 0.9537 level on 4-hour chart. Range trading between 0.9537 and 0.9700 would likely be seen in a couple of days. Support is at 0.9537, a breakdown below...
EURUSD Analysis. As expected, EURUSD continues its bearish movement from 1.3785 and the fall extended to as low as 1.2969 level. Resistance is at 1.3150, as long as this level holds, downtrend will continue and next target...
EURUSD Analysis. EURUSD’s bearish movement from 1.3785 extended to as low as 1.3064 level. Downtrend is expected to continue in a coup0le of days and next target would be at 1.2900 area. Resistance is at 1.3250, only...
USDCHF Analysis. USDCHF remains in uptrend from 0.9548 and the rise extended to as high as 1.0053 level. Key support is at 0.9848, as long as this level holds, uptrend is expected to continue and another rise...
EURUSD Analysis. EURUSD remains in downtrend from 1.3785. Resistance is at 1.3420, as long as this level holds, downtrend is expected to continue and next target would be at 1.3100 area. Only break above 1.3420 will indicate...
USDJPY Analysis. USDJPY’s fall from 83.84 can reach 82.78 only, the subsequent bounce has brought price to a trading range between 82.78 and 83.84. Now the price action in the range is more likely consolidation of uptrend...
AUDUSD Analysis. AUDUSD broke below 0.9724 support, suggesting that the downtrend from 1.0182 has resumed. Deeper decline towards 0.9651 key support could be seen later today, a breakdown below this level will indicate that the longer term...
GBPUSD Analysis. GBPUSD stays below a down trend line from 1.6298 to 1.6182 and remains in downtrend from 1.6298. As long as 1.6093 key resistance holds, downtrend is expected to continue and another fall towards 1.5649 is...
