EURUSD Analysis. After testing the support of the upward trend line on 4-hour chart, EURUSD rebounded from 1.3077. The bounce would possibly be resumption of uptrend from 1.2624, further rise is expected later today, and next target...
AUDUSD Analysis. Being contained by the upper line of the price channel on 4-hour chart, AUDUSD pulled back from 1.0687, suggesting that a cycle top is being formed. Deeper decline towards the lower line of the channel...
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USDCHF Analysis. USDCHF’s downward movement from 0.9594 extended to as low as 0.9156. Resistance is now at the downward trend line on 4-hour chart, as long as the trend line resistance holds, downtrend could be expected to...
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USDJPY Analysis. USDJPY broke above 77.32 resistance, and reached as high as 77.84, suggesting that the downtrend from 78.21 had completed at 76.55 already. Further rise could be expected after a minor consolidation, and next target would...
USDJPY Analysis. USDJPY is forming a sideways consolidation in a range between 76.55 and 77.32. Lengthier consolidation in the range would likely be seen in a couple of days. Key resistance is at 77.32, a break above...
USDCHF Analysis. USDCHF failed to break below 0.9304 support and rebounded from 0.9305 last Friday, however, another fall to re-test this support is still possible later today, a breakdown below it will suggest that the uptrend from...
AUDUSD Analysis. AUDUSD remains in uptrend from 0.9861, the price action from 1.0448 is treated as consolidation of uptrend. Support is at the lower line of the price channel on 4-hour chart, as long as this channel...
