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USDJPY Analysis. USDJPY breaks above 96.69 resistance and reaches as high as 97.23 level. Consolidation in a range between 95.50 and 97.23 is expected in a couple of days, and further rally to 98.00 is possible after...
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EURUSD Analysis. EURUSD’s pullback from 1.4050 extends further to as low as 1.3823 level. Deeper decline to test the support of the lower border of the price channel on 4-hour chart is expected in a couple of...
USDCHF Analysis. USDCHF breaks above the resistance of the falling trend line from 1.1263 to 1.1056, suggesting that a short term cycle bottom has been formed at 1.0812 level on 4-hour chart. Range trading between 1.0800 and...
USDCHF Analysis. USDCHF remains in downtrend from 1.1263 and the rebound from 1.0812 is more likely consolidation of the downtrend. As long as the pair stays below the falling trend line from 1.1263 to 1.1056, we’d expect...
USDJPY Analysis. Being contained by the long term key support at 93.53 (Mar 19 low), USDJPY rebounds from 93.85 level. However, the rise from 93.85 is treated as consolidation of the short term downtrend from 96.69. Range...
EURUSD Analysis. EURUSD’s short term uptrend from 1.3423 remains. Further rise towards the upper border of the price channel on 4-hour chart is expected. Pullback would more likely be seen after touching the upper border resistance. Near...
AUDUSD Analysis. AUDUSD broke above 0.7709 resistance and remains in short term uptrend from 0.7450. The price action in the trend range between 0.7685 and 0.7808 is treated as consolidation of the uptrend. Further rally is still...
USDCHF Analysis. USDCHF drops down from 1.1263 and the fall has extended to as low as 1.1069 level. Further fall is still possible to test 1.0977 previous low support, a break below this level will signal deeper...
