GBPUSD Analysis. After breaking below 1.4466 (Dec 4 low) support, GBPUSD forms a sideways consolidation on 4-hour chart. Initial resistance is now located at 1.4600, as long as this level holds, we’d expect down trend to resume,...
GBPUSD Analysis. GBPUSD breaks below 1.4466 (Dec 4 low) support and the fall from 1.5722 extends further to as low as 1.4378 level, suggesting that the long term down trend from 2.0158 (July 15 high) has resumed....
EURUSD Analysis. EURUSD breaks above 1.4124 key resistance, suggesting that a short term cycle bottom has been formed at 1.3825 level. Further rally could be seen to 1.4500 zone in next several days. However, the fall from...
AUDUSD Analysis. AUDUSD is forming a short term cycle bottom at 0.6763 level on 4-hour chart. Key resistance is now located at 0.6893, a break above this level will confirm the cycle bottom and then further rebound...
USDCHF Analysis. USDCHF’s rebound from 1.0410 extended further to as high as 1.1130, suggesting that the short term down trend from 1.2249 has completed. Further rise to 1.1300 to reach the next short term cycle top on...
AUDUSD Analysis. AUDUSD pulls back sharply from 0.7140 level. Further fall could be seen to test the support of the up trend line from 0.6292 to 0.6486. As long as the trend line support holds, we’d expect...
USDCAD Analysis. USDCAD is forming a sideways consolidation in a range between 1.1464 (Nov 5 low) and 1.3015 (Oct 28 low). Deeper decline is still possible to retest 1.3015 support in next several days. As long as...
USDCAD Analysis. USDCAD breaks below 1.2158 support and reaches as low as 1.1986 level. Deeper decline is still possible to 1.1700 zone in next several days. Initial resistance is now located at the down trend line on...
USDCAD Analysis. USDCAD is forming a short term cycle bottom at 1.2158 level on 4-hour chart. Key resistance is now located at 1.2513, a break above this level will confirm the cycle bottom and the following up...
EURUSD Analysis. EURUSD breaks above 1.3290 (Oct 30 high) key resistance, suggesting that the long term down trend from 1.6038 (July 15 high) has completed. The pair is now in long term up trend. Further rise is...
