USDJPY Analysis. USDJPY continues its downward movement from 94.68 and the fall has reached as low as 91.87 level. Deeper decline is still possible in a couple of days and next target would be at 91.00 area....
GBPUSD Analysis. GBPUSD remains in uptrend from 1.4798. Initial support remains at the rising trend line on 4-hour chart, as long as the trend line support holds, uptrend could be expected to continue and next target would...
EURUSD Analysis. EURUSD trades in a trading range between 1.3546 and 1.3691. The price action in the range is more likely consolidation of uptrend from 1.3282. As long as 1.3546 support holds, one more rise to test...
AUDUSD Analysis. Being contained by the lower boundary of the price channel on 4-hour chart, AUDUSD rebounded from 0.9223 level. Range trading between 0.9222 and 0.9381 is expected in a couple of days. Support is at 0.9222,...
USDCAD Analysis. USDCAD stays in a trading range between 1.9977 and 1.0104. Lengthier sideways movement in the range is still possible later today. However, the price action in the trading range is more likely consolidation of downtrend...
USDCHF Analysis. After breaking below the lower border of the price channel on 4-hour chart, USDCHF dropped sharply from 1.0785, suggesting that a cycle top had been formed. Now the fall from 1.0785 is treated as resumption...
EURUSD Analysis. Being contained by 1.3267 previous low support, EURUSD rebounds from 1.3282, suggesting that a cycle bottom is being formed on 4-hour chart. Further rise to 1.3450 area would more likely be seen in a couple...
USDJPY Analysis. USDJPY dropped sharply from 94.68 and the fall extends to as low as 93.15, suggesting that a cycle top has been formed on 4-hour chart. Range trading between 93.00 and 94.68 would more likely be...
USDCHF Analysis. USDCHF’s bounce from 1.0434 extends further to as high as 1.0721 level. Further rally to test 1.0750 resistance is still possible later today. Pullback would more likely be seen before breaking above this level. Support...
EURUSD Analysis. EURUSD broke below the rising trend line from 1.3267 to 1.3384, suggesting that a cycle top is being formed at 1.3590 level on 4-hour chart. Deeper decline to test 1.3384 support could be seen later...
