EURUSD Analysis. Being supported by 1.2706 previous low, EURUSD rebounds from 1.2720 level. More sideways consolidation in a range between 1.2706 and 1.3093 could be expected in next several days. The price action from 1.2764 (Jan 23...
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GBPUSD Analysis. GBPUSD breaks below the support of the price channel on 4-hour chart, suggesting that a short term cycle top has been formed at 1.4985 level on 4-hour chart. Further fall is expected to test 1.2051...
USDCAD Analysis. USDCAD breaks above 1.2297 resistance and rebounds sharply to as high as 1.2493 level, suggesting that the pair is back to range trading between 1.2024 and 1.2765. Initial resistance is now at 1.2538, a break...
USDJPY Analysis. USDJPY traded in a narrow range between 90.72 and 92.40. As long as 90.72 support holds, we’d expect uptrend to resume, and further rally could be seen to test 94.61 (Jan 6 high) resistance. A...
USDCHF Analysis. USDCHF remains in short term uptrend. The pullback from 1.1742 is treated as consolidation of the uptrend. Near term support is at 1.1399 and key support is at 1.1313. As long as 1.1399 support holds,...
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USDJPY Analysis. USDJPY breaks out of the trading range between 87.98 and 90.74 and reaches as high as 92.23 level, suggesting that a short term cycle bottom has been formed at 88.58 on 4-hour chart. Further rise...
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EURUSD Analysis. EURUSD pulls back from 1.3069, and the fall could possibly be resumption of medium downtrend from 1.4719 (Dec 18, 2008 high). Further fall is now in favor, the next target would be at 1.2600 zone....
