GBPUSD Analysis. GBPUSD breaks above 1.5048 resistance. Further rise could be seen to 1.5300 zone later today. The price action from 1.4557 (Nov 13 low) is treated as consolidation to long term down trend. As long as...
USDJPY Analysis. USDJPY trades in a narrow range between 91.59 and 93.90. The price action from 91.59 is more likely forming consolidation of down trend. Deeper decline is still possible to retest 90.92 (Oct 24 low) support...
AUDUSD Analysis. AUDUSD might be forming a short term cycle top at 0.6690 on 4-hour chart, and the fall from 0.6690 could possibly be resumption of down trend. Key support is now located at 0.6494, a break...
USDJPY Analysis. USDJPY breaks above 93.68 key resistance, suggesting that a short term cycle bottom has be formed at 91.59 level on 4-hour chart. Further rally could be seen to 96.00 zone in a couple of days....
GBPUSD Analysis. GBPUSD is in down trend. The rebound from 1.4466 is treated as consolidation to down trend. Initial resistance is at 1.4900 and followed by 1.5069. As long as 1.5069 resistance holds, we’d expect down trend...
EURUSD Analysis. EURUSD breaks below 1.2562 support, suggesting that the fall from 1.3080 could possibly be resumption of down trend, and the rebound from 1.2549 is now treated as correction to down trend. Deeper decline could be...
EURUSD Analysis. EURUSD is forming a short term cycle bottom at 1.2562 level on 4-hour chart. Key resistance is now located at 1.2765, a break above this level will confirm the cycle bottom, and the following rebound...
EURUSD Analysis. EURUSD is forming a short term cycle bottom at 1.2562 on 4-hour chart. Rebound towards 1.2950 zone could be seen in a couple of days. The pair is in sideways consolidation between 1.2329 (Oct 28...
USDCHF Analysis. USDCHF formed a short term cycle bottom at 1.1828. The rise from 1.1828 could possibly be resumption of up trend. Further rally could be seen to test 1.2296 previous high resistance. A break above this...
EURUSD Analysis. EURUSD breaks below 1.2803 key support, suggesting that a short term cycle top has been formed at 1.3080 level on 4-hour chart. Deeper decline could be seen to retest 1.2389 previous low support. Initial resistance...
