USDCHF Analysis. USDCHF broke above 1.0924 resistance and formed a short term cycle bottom at 1.0824 on 4-hour chart. Further rise towards 1.1200 could be seen in next few days. Initial support is at 1.0824, as long...
USDCHF Analysis. USDCHF is forming a short term cycle top at 1.0924 on 4-hour chart. Pullback to test 1.0741 support is expected later today. As long as 1.0741 support holds, we’d expect up trend to resume, and...
USDJPY Analysis. USDJPY breaks below 109.13 key support and formed a short term cycle top at 110.40 on 4-hour chart. Initial resistance is now located at 109.13, as long as this resistance holds, we’d expect down trend...
USDCAD Analysis. USDCAD’s up trend remains, and the rise from 0.9974 (July 15 low) extends to 1.0716 level. Initial support is at 1.0612, as long as this support holds, we’d expect up trend to continue, and further...
AUDUSD Analysis. AUDUSD’s down trend extends further to as low as 0.8841 level. Deeper decline to 0.8700 is still possible in a couple of days. Initial resistance is now at 0.9000 and key resistance is located at...
AUDUSD Analysis. AUDUSD’s down trend remains and the fall from 0.9849 (Jul 15 high) extends further to 0.8982 level. The pair is testing 0.8953 (Mar 20 low) support. Further fall below 0.8953 is still possible next week....
GBPUSD Analysis. GBPUSD dropped sharply to as low as 1.0466 level. Further fall is still possible to test 1.9337 (Jan 22 low) long term key support. Initial resistance is at 1.9596, only break above this level will...
EURUSD Analysis. EURUSD broke below 1.5515 support and extended further to 1.5445 level. Deeper decline towards 1.5302 (June 13 low) is still possible in a couple of days. Initial resistance is at 1.5515 and followed by 1.5631,...
AUDUSD Analysis. AUDUSD’s down trend remains and the fall from 0.9849 (Jul 15 high) extends to 0.9262 level. Deeper decline to 0.9200 is still possible in a couple of days. Initial resistance is located at 0.9346, only...
EURUSD Analysis. EURUSD’s down trend extends further to as low as 1.5515 level. Consolidation in a range between 1.5515 and 1.5700 would more likely be seen in a couple of days. Down trend will resume after consolidation...
