USDCHF Analysis. USDCHF’s bearish movement from 1.1548 extends further to as low as 1.1301 level. Deeper decline is still in favor and the next target is to test 1.1159 previous low support. Key resistance is now at...
USDCAD Analysis. USDCAD remains in short term uptrend from 1.2191, and the price action in the trading range between 1.2501 and 1.2714 is treated as consolidation of the uptrend. As long as 1.2501 support holds, we’d expect...
GBPUSD Analysis. As expected, GBPUSD breaks above the falling trend line resistance and has formed a short term cycle bottom at 1.4110 on 4-hour chart. Further rise to 1.4600 level is expected in a couple of days....
