GBPUSD Analysis. GBPUSD break above 1.6480 resistance. Further rally is now in favor and next target is to test 1.6743 previous high resistance, a break above this level will suggest that the uptrend from 1.3654 has resumed,...
AUDUSD Analysis. AUDUSD in moving to next short term cycle top on 4-hour chart. As long as 0.7960 support holds, we’d expect uptrend from 0.7703 to continue and target is to test 0.8155 previous high resistance, above...
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USDJPY Analysis. USDJPY pulls back from 94.45, suggesting that a short term cycle top is being formed on 4-hour chart. Deeper decline is possible to test 91.73 next week, a break below this level will take price...
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EURUSD Analysis. EURUSD breaks above 1.4072 resistance and reaches as high as 1.4134 level. Further rally is still possible to test 1.4197 resistance. However, 1.4197 level will more likely be held and downtrend could be expected to...
AUDUSD Analysis. AUDUSD breaks above this resistance of the falling trend line from 0.8155 to 0.8038, suggesting that a short term cycle bottom has been formed at 0.7703 level on 4-hour chart, and the downtrend from 0.8155...
AUDUSD Analysis. AUDUSD remains in downtrend from 0.8155 and the price action from 0.7722 is more likely consolidation of downtrend. Initial resistance is at 0.7861 and followed by 0.7900, as long as these levels hold, downtrend will...
USDJPY Analysis. After touching 91.80 previous low, USDJPY rebounds from 91.77 level. Further rise is possible to re-test 93.59 resistance, a break above this level will suggest that a short term cycle bottom has been formed at...
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