GBPUSD Analysis. GBPUSD runs in a rising price channel on 4-hour chart. As long as the support of the lower boundary of the price channel holds, uptrend could be expected to continue and one more rise to...

GBPUSD Analysis. GBPUSD’s bounce from 1.4230 extends further to as high as 1.4734 level, suggesting that lengthier consolidation of downtrend is underway. Further rally is still possible in a couple of days and next target would be...

AUDUSD Analysis. AUDUSD might be forming a cycle top at 0.8550 level on 4-hour chart. Key support is now at 0.8383, a break below this level will confirm the cycle top and indicate that the bounce from...

GBPUSD Analysis. GBPUSD might be forming a cycle top at 1.4609 level on 4-hour chart and the fall from 1.4609 could possibly be resumption of downtrend from 1.5522 (Apr 15 high). Another fall to test 1.4230 would...

EURUSD Analysis. Being supported by 1.2144 previous low, EURUSD bounced from 1.2153, taking price back to a trading range between1.2144 and 1.2671. Lengthier sideways consolidation in the range is expected in next several days. As long as...

USDCHF Analysis. USDCHF remains in uptrend from 1.0501 (Feb 14 low), and the fall from 1.1695 is treated as consolidation of uptrend. Range trading between 1.1424 and 1.1695 would more likely be seen in a couple of...

EURUSD Analysis. Being contained by 1.2144 support, EURUSD rebounded from 1.2178. Range trading between 1.2144 and 1.2671 is expected in a couple of days. As long as 1.2671 resistance holds, the price action in the trading range...