GBPUSD Analysis. GBPUSD formed a short term cycle top at 1.6456 level on 4-hour chart. Range trading between 1.6210 and 1.6456 is expected later today. As long as 1.6210 key support holds, the price action from 1.6456...
USDCAD Analysis. USDCAD breaks above the falling trend line from 1.0745 to 1.0413, suggesting lengthier consolidation of downtrend is underway. Bounce to test 1.0413 resistance is now in favor. As long as this level holds, we’d expect...
USDCHF Analysis. Being contained by resistance of the upper border of the falling price channel on 4-hour chart, USDCHF pulls back from 1.0291, suggesting that a short term cycle top is being formed. Consolidation in a range...
AUDUSD Analysis. After touching 0.9325 resistance, AUDUSD pulled back to 0.9174. A double top pattern is being formed on 4-hour chart and neck line is located at 0.9170, a break below this level will indicate that a...
USDCHF Analysis. USDCHF broke above 1.0218 key resistance and formed a short term cycle bottom at 1.0132 level on 4-hour chart. Rise towards the upper border of the falling price channel is expected later today, and a...
USDCAD Analysis. Being contained by the falling trend line from 1.0745 to 1.0576, USDCAD dropped again from 1.0413, suggesting that a short term cycle top has been formed on 4-hour chart. Now the fall from 1.0413 is...
AUDUSD Analysis. AUDUSD broke below the rising trend line on 4-hour chart, suggesting that a short term cycle top is being formed on 4-hour chart. Range trading between 0.9123 and 0.9325 is expected. As long as 0.9123...
EURUSD Analysis. EURUSD formed a short term cycle bottom at 1.4266 and bounced to as high as 1.4555. Further rally is still possible to 1.4650-1.4700 area. However, the pair could be forming a cycle top at 1.4555...
EURUSD Analysis. EURUSD has formed a short term cycle bottom at 1.4266 level on 4-hour chart. Bounce to 1.4500 area to reach next cycle top is expected in a couple of days. The price action from 1.4218...
EURUSD Analysis. EURUSD stays in a rising price channel on 4-hour chart, and the price action in the channel is more likely consolidation of downtrend from 1.5144. Lengthier consolidation is still in favor and one more rise...
