GBPUSD Analysis. GBPUSD traded in a narrow range between 1.5177 and 1.5534 for 2 days. Further rise is still in favor, and target would be at 1.1600 zone. Initial support is located at 1.5177, only fall below...
EURUSD Analysis. EURUSD breaks below the support of the up trend line on 4-hour chart, suggesting that the pair is forming a short term cycle top at 1.3080 on 4-hour chart. Key support is at 1.2803, a...
AUDUSD Analysis. AUDUSD is moving towards 1.6850 zone to reach the next short term cycle top on 4-hour chart. The resistance at 0.7014 would more likely be held and pullback could be seen before breaking above this...
USDCAD Analysis. USDCAD breaks below the support of the up trend line from 1.1658 to 1.2098, suggesting that the up trend from 1.1464 has completed. Deeper decline could be seen to 1.2000 zone in next several days,...
GBPUSD Analysis. GBPUSD formed a short term cycle top at 1.5249 level, and the fall from 1.5249 is treated as resumption of down trend. Deeper decline is expected to 1.4000 zone. A break down below 1.4557 will...
GBPUSD Analysis. GBPUSD breaks below 1.4900 key support, suggesting that a short term cycle top has been formed at 1.5249 level on 4-hour chart. Deeper decline is now in favor. The first target would be at 1.4000...
USDCHF Analysis. USDCHF remains in uptrend and the rise from 1.1208 (Oct 30 low) extends to as high as 1.2145. As long as the price channel support holds, we’d expect up trend to continue and further rally...
USDCHF Analysis. USDCHF stays in a rising price channel on 4-hour chart and the up trend remains. Further rally is still possible to 1.2100 zone in a couple of days. Initial support is at the lower border...
USDJPY Analysis. USDJPY consolidates in a narrow range between 95.94 and 98.18. Further rally is still in favor, and a break above 98.18 level will signal resumption of up trend, and then the next target is to...
USDJPY Analysis. No changed in our view, USDJPY formed a short term cycle bottom at 94.47 level, and the rebound is treated as resumption of up trend. As long as 94.47 support holds, further rally is still...
