USDCAD Analysis. USDCAD is moving to the next short term cycle top on 4-hour chart and the next cycle top is nearing. Pullback would more likely be seen before breaking above 1.0933 resistance. Key support is now...
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EURUSD Analysis. EURUSD remains in uptrend from 1.4007 and the price action from 1.4444 is treated as consolidation of uptrend. Near term support is now at 1.4250, as long as this level holds, we’d expect the uptrend...
USDCAD Analysis. Being contained by the falling trend line from 1.1113 to 1.0933, USDCAD drops from 1.0783, suggesting that a short term cycle top is being formed on 4-hour chart. Deeper decline is expected to test 1.0632...
USDJPY Analysis. Being contained by the lower border of the rising price channel, USDJPY rebound sharply from 94.36 level, suggesting that a short term cycle bottom is being formed. Range trading between 94.36 and 95.88 would more...
USDJPY Analysis. Being supported by the rising trend line from 91.73 to 93.09, USDJPY rebounds from 94.49 level, suggesting that the pair remains in short term uptrend. Further rise to 96.00-96.50 is still possible. Near term support...
AUDUSD Analysis. AUDUSD breaks above 0.8337 previous high resistance, suggesting that the uptrend from 0.7703 has resumed. Further rally is now in favor and next target is at 0.8500 zone. Near term support is at 0.8300, as...
