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GBPUSD Analysis. GBPUSD has consolidated above 1.5829 support for several days. Lengthier consolidation is still possible later today. However, a break down below 1.5829 key support will indicate that the downtrend from 1.6456 has resumed, then deeper...
USDCAD Analysis. USDCAD has reached 1.0556 support, a breakdown below this level will indicate that the uptrend from 1.0224 has completed at 1.0720 already, then the following downtrend could take price back to 1.0450 area. However, as...
USDCAD Analysis. USDCAD’s bounce from 1.0556 extended to as high as 1.0720 only. The subsequent pullback suggests lengthier consolidation of uptrend from 1.0224 is underway. More sideways movements are expected in a couple of days. As long...
USDJPY Analysis. After touching the falling trend line from 93.75 to 91.87, USDJPY pulled back from 90.91. One more fall towards 88.50 area is still possible in a couple of days. Key resistance is now at 90.91,...
