USDJPY Analysis. USDJPY is in consolidation of downtrend from 83.96. As long as 82.23 resistance holds, downtrend could be expected to resume, and another fall towards 81.13 previous low support is possible. However, a break above 82.23...
USDJPY Analysis. USDJPY traded in a range between 81.62 and 82.23. The price action in the trading range is treated as consolidation of downtrend from 83.96. As long as 82.23 resistance holds, another fall towards 81.13 support...
GBPUSD Analysis. GBPUSD broke above 1.6277 resistance, suggesting that a cycle bottom has been formed at 1.6030 level on 4-hour chart, and the longer term uptrend from 1.5344 (Dec 28, 2010 low) has resumed. Further rise towards...
