AUDUSD AnalysisAUDUSD fail to test the previous high resistance at 0.9018, and pulled back from 0.9014 level. Sideways consolidation in a range between 0.8819 and 0.9014 may be expected in the next several days. Key resistance is...
EURUSD is forming a symmetrical triangle pattern in a range between 1.4309 and 1.4966. Near term resistance is at the down trend line from 1.4966 to 1.4921, pullback towards 1.4400 area to reach the next cycle bottom...
EURUSD AnalysisEURUSD is moving towards 1.4900 area to reach the next short term cycle top on 4-hour chart, and the cycle top is nearing. Pullback from 1.4921 previous high resistance can be seen, a break below 1.4660...
EURUSD AnalysisEURUSD is moving towards 1.4900 area to reach the next short term cycle top on 4-hour chart. Pullback from 1.4921 previous high resistance can be seen, and fall towards 1.4400 area is expected to follow.
USDJPY AnalysisUSDJPY is in down trend. As long as 107.91 resistance holds, we’d expect down trend to continue, and further fall towards 104.00 area is still possible after consolidation. On the other side, the pair may be...
EURUSD formed a sideways consolidation in a range between1.4309 and 1.4966 to the up trend. It will move without trend in this range until the next cycle bottom on daily chart appears. Symmetrical triangle pattern will more...
USDJPY AnalysisUSDJPY broke below 105.90 previous low and reaches as low as 105.60. Further fall towards 105.00 area is expected to follow. As long as 107.91 resistance holds, we’d expect down trend to continue.
USDCAD AnalysisUSDCAD is in up trend. The rise from 0.9756 extended to as high as 1.0307. Further rise towards 1.0500 area is still possible, and a break above 1.0307 level will confirm such case. Near term support...
USDCHF AnalysisUSDCHF formed a short term cycle bottom at 1.0836 on 4-hour chart. Further rise towards 1.1200 area is still possible in a couple of days. However, the rebound from 1.0836 is treated as correction to the...
GBPUSD AnalysisGBPUSD is forming a sideways consolidation in a range between 1.9481 and 1.9740. Further fall towards 1.9200 area is expected after consolidation. Near term resistance is now at 1.9740 and followed by 1.9849.
