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EURUSD Analysis. EURUSD is forming a sideways consolidation in a range between 1.3191 and 1.3436. Further rally is expected to 1.3500 zone after consolidation. Initial support is at the lower border of the price channel on 4-hour...
USDCHF Analysis. USDCHF rebounds from 1.1245, suggesting that the pair is back to range trading between 1.1245 and 1.1432. The price action in the trading range is treated as consolidation of the downtrend from 1.1602, deeper decline...
USDCAD Analysis. USDCAD stays below the falling trend line from 1.2265 to 1.1898 and remains in downtrend from 1.2265. The 1.1761 (Jan 6 low) support is broken below. Further fall is still in favor. The next target...
USDJPY Analysis. USDJPY remains in short term uptrend from 95.62 and is testing 99.74 resistance, above this level will signal further rally to 100.00-100.50 area. Initial support is at 98.90 followed by 98.50. As long as 98.90...
USDJPY Analysis. USDJPY breaks above the previously mentioned price channel resistance, suggesting that a short term cycle bottom has been formed at 95.62 level on 4-hour chart and the downtrend from 101.43 has completed. Further rally is...
