AUDUSD Analysis. AUDUSD broke below the lower border of the rising price channel on 4-hour chart and reached as low as 0.9661 level, suggesting that the uptrend from 0.8771 has completed at 0.9998 already. Another fall to...
USDCHF Analysis. USDCHF has reached the upper border of the price channel on 4-hour chart, suggesting that a cycle bottom has been formed at 0.9463 level. Further rally towards 0.9727 is still possible later today, a break...
USDCAD Analysis. USDCAD breaks above the falling price channel on 4-hour chart, suggesting that lengthier consolidation of downtrend is underway. Further rally towards 1.0232 key resistance is expected in a couple of days. As long as 1.0232...
USDCHF Analysis. USDCHF’s downward move extended to as low as 0.9463. Minor consolidation would more likely be seen in a couple of days. Resistance is at the upper boundary of the falling price channel on 4-hour chart,...
GBPUSD Analysis. GBPUSD rebounded strongly from 1.5755, suggesting that a cycle bottom is being formed on 4-hour chart. Now the rise from 1.5755 is more likely resumption of uptrend from 1.5296, further rise towards 1.6017 is possible...
GBPUSD Analysis. GBPUSD broke below the lower border of the price channel on 4-hour chart, suggesting that a cycle top has been formed at 1.6017 level. Deeper decline to test 1.5669 key support could be seen, a...
GBPUSD Analysis. GBPUSD stays in a rising price channel and remains in uptrend from 1.5296. The price action from 1.6017 is more likely consolidation of uptrend. As long as the channel support (now at 1.5850) holds, we’d...
USDCAD Analysis. USDCAD has formed a cycle top at 1.0232 level on 4-hour chart. Range trading between 1.0062 and 1.0232 would more likely be seen in a couple of days. Support is at 1.0062, a breakdown below...
EURUSD Analysis. EURUSD continues its bullish movement from 1.2643 and reached as high as 1.4029, and the subsequent pullback is treated as consolidation of uptrend. Support remains at the rising uptrend line on 4-hour chart, now at...
GBPUSD Analysis. GBPUSD stays in a rising price channel and remains in uptrend from 1.5296. Further rise to test 1.5997 (Aug 6 high) resistance would more likely be seen. Support is at the lower border of the...
