EURUSD Analysis. EURUSD is testing the support of the uptrend line from 1.3267 to 1.3384, as long as the trend line support holds, we’d expect uptrend to resume and another rise towards 1.3817 previous high is still...
USDJPY Analysis. USDJPY broke above 93.75 (Jan 7 high), suggesting that the longer term uptrend from 84.82 (Nov 27, 2009 low) has resumed. Further rally is still in favor and next target would be at 95.00-96.00 area....
AUDUSD Analysis. AUDUSD is forming a cycle top at 0.9215 level on 4-hour chart. Range trading between 0.9100 and 0.9215 would more likely be seen in a couple of days. However, the price action from 1.9215 is...
EURUSD Analysis. EURUSD might be forming a cycle top at 1.3537 level on 4-hour chart. The fall from 1.3537 could possibly be resumption of downtrend from 1.3817, another fall towards 1.3000 is possible in next several days....
AUDUSD Analysis. AUDUSD broke above the downtrend line on 4-hour chart, suggesting that a cycle bottom has been formed at 0.9001, and the fall from 0.9250 has completed. Now the bounce from 0.9001 is treated as resumption...
GBPUSD Analysis. Being contained by 1.4784 previous low support, GBPUSD bounced from 1.4798. suggesting range trading between 1.4784 and 1.5001 is underway. However, the price action in the trading range is more likely consolidation of downtrend from...
USDJPY Analysis. USDJPY continues its upward movement from 89.76. One more rise towards 93.75 January high is still possible later today, however, minor consolidation would more likely be seen before breaking above this level. Support is now...
GBPUSD Analysis. GBPUSD continues its downward movement from 1.5382 and the fall extended to as low as 1.4852 level. Deeper decline to test 1.4784 previous low support is expected later today. A breakdown below this level will...
EURUSD Analysis. Being contained by 1.3435 support, EURUSD formed a sideways consolidation in a narrow range. The sideways movement is more likely consolidation of downtrend from 1.3817, a breakdown below 1.3435 will indicate that the longer term...
EURUSD Analysis. Being contained by 1.3435 previous low support, EURUSD bounces from 1.3463 level. Sideways movement above 1.3435 is expected before breaking below this level. Resistance is now at 1.3650, only rise above this level could indicate...
