USDCHF Analysis. USDCHF’s downward movement extends to as low as 1.0801 level. Resistance remains at the upper boundary of the falling price channel on 4-hour chart. As long as the channel resistance holds, deeper decline is still...
USDCHF Analysis. USDCHF continues its bearish movement and the fall from 1.1730 extends to as low as 1.0896 level. Deeper decline is still possible in a couple of days, and next target would be at 1.0800 area....
USDCAD Analysis. USDCAD has reached the upper border of the falling price channel on 4-hour chart, a clear above the channel resistance will indicate that the downtrend from 1.0852 has completed at 1.0138 already, then the upwards...
EURUSD Analysis. EURUSD broke below 1.2241 support, suggesting that a cycle top has been formed at 1.2466 level on 4-hour chart. However, the fall from 1.2466 extends to 1.2209 only, the subsequent bounce indicate that another cycle...
GBPUSD Analysis. GBPUSD broke below the lower boundary of the rising price channel on 4-hour chart, suggesting that a cycle top is being formed at 1.4935. Key support is now at 1.4684, a break below this level...
EURUSD Analysis. EURUSD may be forming a cycle top at 1.2466 level on 4-hour chart. Deeper decline to test 1.2241 key support could be seen later today, a breakdown below this level will confirm the cycle top...
GBPUSD Analysis. GBPUSD stays in a rising price channel and remains in uptrend from 1.4346. The fall from 1.4885 is more likely consolidation of uptrend. As long as the channel support (now at 1.4700) holds, uptrend will...
AUDUSD Analysis. AUDUSD remains in uptrend from 0.8080 and the price action from 0.8666 is more likely consolidation of uptrend. Another rise is still possible after consolidation and next target would be at 0.8800-0.8850 area. Key support...
GBPUSD Analysis. GBPUSD remains in uptrend from 1.4346 and the falling from 1.4854 is treated as consolidation of uptrend. Support is now at the lower boundary of the rising price channel now at 1.4630. As long as...
EURUSD Analysis. EURUSD breaks above the upper boundary of the falling price channel on 4-hour chart, suggesting completion of downtrend from 1.3817 (Mar 17 high). Support is now at 1.2165, as long as this level holds, further...
