USDJPY Analysis.USDJPY rebounds sharply from 103.54 and is forming a short term cycle bottom on 4H chart. Further rise is still possible to 108.00 zone in a couple of days. Initial support is at 103.54, only fall...
AUDUSD Analysis.AUDUSD stays below 0.8353 resistance and pulls back from 0.8262 level. Sideways consolidation is expected in a couple of days. Deeper decline is in favor after consolidation, and a break of 0.7900 previous low will confirm...
USDCHF Analysis.USDCHF fall below 1.1213 key support and formed a short term cycle top at 1.1416 on 4-hour chart. Deeper decline could be seen towards 1.1080 zone, as long as this support holds, we’d expect up trend...
USDCAD Analysis. USDCAD breaks above 1.0776 previous high resistance and reaches as high as 1.0819 level. Further rise is still possible to 108.50-00 area. One more fall is still possible to 1.0500 zone, however, a break below...
USDCAD Analysis. USDCAD traded in range between 1.0541 and 1.0776. Further rise above 1.0776 previous high is now in favor later today, and target would be at 1.0850-00 area. However, pullback towards 1.0500 zone is still possible...
EURUSD Analysis. EURUSD traded in a narrow range between 1.4046 and 1.4226 on 4H chart. As long as the trend line resistance holds, we’d expect down trend to resume and deeper decline is still possible in a...
AUDUSD Analysis. AUDUSD stays below 0.8403 resistance and pulled back from 0.8353 level. Consolidation in a range between 0.8029 and 0.8403 would more likely be seen in a couple of days. Key resistance is now located at...
GBPUSD Analysis. GBPUSD broke above the down trend line resistance and formed a short term cycle bottom at 1.7537 on 4H chart. Further rise is expected to 1.8200 zone. Initial support is now located at 1.7537, only...
USDJPY Analysis. As expected, USDJPY breaks below 107.62 previous low support and reaches as low as 105.71 level. Deeper decline is still possible to 105.00 zone. Near term resistance is located at 107.62, a break of this...
USDCHF Analysis. USDCHF’s up trend from 1.0010 (July 15 low) extends to as high as 1.1170 level. The pullback from 1.1170 is teated as consolidation. Further rise is still possible to 1.1250-00 area. Initial support is at...
