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USDJPY Analysis. USDJPY is facing the resistance of the upper border of the price channel on 4-hour chart. As long as the channel resistance holds, the rise from 80.31 could be treated as consolidation of the downtrend...
USDJPY Analysis. USDJPY had formed a cycle bottom at 80.31 on 4-hour chart. Further rise to test the resistance of the upper border of the downward price channel is possible later today. As long as the channel...
USDJPY Analysis. USDJPY breaks above 81.19 resistance and reaches as high as 81.37, suggesting that a cycle bottom has been formed at 80.31 on 4-hour chart. Further rise could be seen in a couple of days, and...
USDCAD Analysis. No changed in our view, USDCAD is forming a sideways consolidation in a range between 0.9841 and 1.0050. As long as 1.0050 key resistance holds, one more fall to 0.9600-0.9700 area to complete the downward...
USDCAD Analysis. USDCAD continues its sideways movement in a range between 0.9841 and 1.0050. As long as 1.0050 key resistance holds, the price action in the range is treated as consolidation of the downtrend from 1.0422 (Dec...
EURUSD Analysis. EURUSD’s bounce from 1.3033 extends to as high as 1.3212. However, the rise is treated as correction of the downtrend from 1.3385, another fall to re-test 1.3003 support would likely be seen after correction, a...
AUDUSD Analysis. AUDUSD stays within a downward price channel on 4-hour chart, and remains in downtrend from 1.0855, the price action from 1.0243 could be treated as consolidation of the downtrend. Another fall could be seen after...
USDJPY Analysis. After a minor consolidation, USDJPY continues its downward movement from 84.17, and the fall extends to as low as 80.63. Now the pair has reached the lower line of the price channel on 4-hour chart,...
USDJPY Analysis. USDJPY may be forming a cycle bottom at 81.19 on 4-hour chart. Further rally to test the resistance of the downward trend line could be expected, a clear break above the trend line resistance will...
