USDCAD Analysis. USDCAD is facing the resistance of the upper line of the price channel on 4-hour chart. As long as the channel resistance holds, the price action from 0.9824 is treated as consolidation of the downtrend...
USDCAD Analysis. USDCAD broke above 0.9885 resistance and reached as high as 0.9946 last Friday, suggesting that lengthier consolidation of the downtrend from 1.0055 is underway. Further rise would likely be seen and the target would be...
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USDCAD Analysis. USDCAD remains in downtrend from 0.9970, the rise from 0.9815 is treated as consolidation of the uptrend. Resistance is at 0.9885, as long as this level holds, the downtrend could be expected to resume, and...
USDJPY Analysis. USDJPY broke below the lower line of the price channel on 4-hour chart, and is now in consolidation of the uptrend from 82.11. Range trading between 86.82 and 89.67 would likely be seen in a...
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USDJPY Analysis. USDJPY breaks below the lower line of the price channel on 4-hour chart, suggesting that a cycle top has been formed on 4-hour chart. Deeper decline would likely be seen and next target would be...
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EURUSD Analysis. EURUSD remains in uptrend from 1.2998, and the rise extends to as high as 1.3403. Further rise could be expected and next target would be at 1.3500 area. Support is at 1.3300, as long as...
USDCHF Analysis. USDCHF’s fall from 0.9302 extends to as low as 0.9110. Deeper decline to test 0.9083 support would likely be seen, a breakdown below this level could signal resumption of the downtrend from 0.9511, then next...
