GBPUSD Analysis.GBPUSD is moving to the next short term cycle top on 4-hour chart. As long as 1.6212 support holds, further rally towards 1.6800 is still possible later today. However, below 1.6212 will indicate that a short...
GBPUSD Analysis.GBPUSD is in correction to down trend. Further rise to 1.6800 zone to reach the next cycle top is possible later today, and the next cycle top is nearing. As long as 1.6800 level hods, we’d...
USDCHF Analysis.USDCHF is testing 1.1481 support, a break down below this level will signal deeper decline towards 1.1400 zone. As long as 1.1400 support holds, we’d expect up trend to resume, and further rally towards 1.2000 is...
EURUSD Analysis.EURUSD remains in down trend and the fall from 1.3785 extends further to 1.2334 level. Further fall is still possible to 1.2000 zone in a couple of days. Initial resistance is at the upper border of...
EURUSD Analysis.EURUSD stays in the falling price channel and remains in down trend. Deeper decline to 1.2300 zone to reach the next short term cycle bottom could be seen in a couple of days. Initial resistance is...
USDJPY Analysis.Being supported by 95.77 (Mar 17 low), USDJPY rebounds from 95.93 level. The pair is now testing 95.77 long term support, a break of this level will signal deeper decline towards 94.00 zone. However, the rise...
USDCAD Analysis.USDCAD extends to as high as 1.2597 level. Further rally towards 1.3000 zone to reach the next short term cycle top on 4-hour is still possible. Initial support is at the up trend line from 1.1304...
USDCAD Analysis.USDCAD breaks above 1.2123 previous high resistance and reaches as high as 1.2207 level. Further rally towards 1.2400 is still possible in a couple of days. Initial support is at the up trend line from 1.1304...
USDCAD Analysis.USDCAD trades in a narrow range between 1.1740 and 1.1995. Pullback towards 1.1304 level is expected in a couple of days, and a break of 1.1740 level will signal resumption of down trend. Initial resistance is...
USDCHF Analysis.USDCHF formed a sideways consolidation in a range between 1.1128 and 1.1488 for several days. Pullback to retest 1.1128 previous low support could be seen in a couple of days. As long as 1.1128 level holds,...
