USDCHF Analysis.USDCHF is testing the support of 1.0147 (June 9 low). Consolidation would more likely be seen before breaking below this level and rebound to 1.0240 is possible. As long as 1.0301 resistance holds, we’d expected down...
USDJPY Analysis.USDJPY is testing 106.56 support. Fall below this level would more likely be seen later today. And deeper decline to 105.50 area to reach next short term cycle bottom on 4-hour chart is now in favor.
USDCAD Analysis.USDCAD broke below 1.0100 support and is back to down trend. Deeper decline to 1.0000 area is possible in next several days. Near term resistance is at the down trend line and followed by 1.0194, as...
GBPUSD Analysis.GBPUSD formed a short term cycle top at 1.9791 level on 4-hour chart. The rise from 1.9586 is treated as correction to down trend. As long as 1.9791 resistance holds, we’d expect down trend to resume...
AUDUSD Analysis.AUDUSD pulled back from 0.9566 and is now in consolidation to the up trend. As long as the price channel support holds, we’d expect up trend to resume and further rise to test 0.9653 (May 21...
GBPUSD Analysis.GBPUSD is testing 1.9800 previous high resistance. Further rise above 1.9852 (May 23 high) resistance to reach next short term cycle top is still possible in a couple of days. Key support is located at 1.9697,...
EURUSD Analysis.Being contained by 1.5584 resistance, EURUSD pulled back to 1.5466 low. Key support is now located at 1.5461, a break below this level will indicate that a cycle top has been formed at 1.5586 level and...
USDJPY Analysis.USDJPY formed a short term cycle top at 108.58 on 4-hour chart. Pullback to test 106.56 is expected in a couple of days. Key resistance is now at 108.58, only rise above this level will signal...
USDCHF Analysis.USDCHF formed a short term cycle top at 1.0539 on 4-hour chart. Sideways consolidation in a range between 1.0301 and 1.0539 could be seen before breaking above 1.0539 level. As long as 1.0301 support holds, we’d...
USDCHF Analysis. USDCHF pulled back from 1.0539. Consolidation will more likely be seen in a couple of days. As long as 1.0301 support holds, we’d expect up trend to resume, and rise above 1.0623 (May 8 high)...
