GBPUSD Analysis. GBPUSD has formed a cycle top at 1.6516 on 4-hour chart. The fall from 1.6516 is now treated as consolidation of downtrend from 1.6745. Another fall would likely be seen later today, and target would...
EURUSD Analysis. EURUSD remains in downtrend from 1.4939, the bounce from 1.4255 is treated as consolidation of downtrend. Resistance is at 1.4445 followed by 1.4520, as long as these levels hold, downtrend could be expected to resume,...
GBPUSD Analysis. GBPUSD remains in downtrend from 1.6745, the bounce from 1.6270 is treated as consolidation of downtrend. Range trading between 1.6270 and 1.6463 would likely be seen in a couple of days. As long as 1.6463...
USDJPY Analysis. USDJPY broke above the downtrend line on 4-hour chart, suggesting that the short term downtrend from 82.76 has completed at 79.58 already. Now the bounce from 79.58 is treated as consolidation of longer term downtrend...
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USDJPY Analysis. USDJPY remains in downtrend from 82.76, the bounce from 79.58 is treated as consolidation of downtrend. Resistance is at the downtrend line on 4-hour chart, as long as the trend line resistance holds, downtrend could...
GBPUSD Analysis. Being support by 1.6431, GBPUSD rebounded from 1.6451, suggesting that a cycle bottom is being formed on 4-hour. Further rise would likely be seen in a couple of days, and target is at 1.6745 previous...
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EURUSD Analysis. Being supported by the price channel on 4-hour chart, EURUSD rebounded from 1.4754, suggesting that a cycle bottom is being formed. Now the bounce from 1.4754 would possibly be resumption of uptrend from 1.4157. further...
EURUSD Analysis. EURUSD remains in uptrend from 1.4157, the price action from 1.4881 is treated as consolidation of uptrend. Deeper decline would likely be seen later today. Support is at the lower border of the price channel...
