EURUSD Analysis. EURUSD broke below 1.5515 support and extended further to 1.5445 level. Deeper decline towards 1.5302 (June 13 low) is still possible in a couple of days. Initial resistance is at 1.5515 and followed by 1.5631,...
AUDUSD Analysis. AUDUSD’s down trend remains and the fall from 0.9849 (Jul 15 high) extends to 0.9262 level. Deeper decline to 0.9200 is still possible in a couple of days. Initial resistance is located at 0.9346, only...
EURUSD Analysis. EURUSD’s down trend extends further to as low as 1.5515 level. Consolidation in a range between 1.5515 and 1.5700 would more likely be seen in a couple of days. Down trend will resume after consolidation...
USDJPY Analysis. USDJPY’s up trend from 103.76 extends further to 108.37 level. As long as 106.57 support holds, we’d expect up trend to continue and rise above 108.58 (June 16 high) is still in favor. Only break...
USDCHF Analysis. USDCHF is testing 1.0539 (June 13 high) resistance. A break of the level will signal resumption of long term up trend. Initial support is at the uptrend line from 1.0010 to 1.0134, as long as...
EURUSD Analysis. EURUSD broke below 1.5611 (July 7 low), suggesting that the up trend from 1.5302 (June 13 low) has completed and down trend has resumed. Deeper decline towards 1.5302 previous low is now in favor. Initial...
GBPUSD Analysis. GBPUSD might be forming a short term cycle bottom at 1.9816 on 4-hour chart. Key resistance is located at 1.9978, a break of this level will confirm the cycle bottom and further rise towards 2.0158...
USDJPY Analysis. USDJPY broke above 107.98 resistance. However, consolidation would more likely be seen before breaking above 108.58 (June 16 high), and pullback to test 106.57 is still possible in a couple of days. Initial support is...
USDJPY Analysis. USDJPY broke below the up trend line from 103.76 to 106.05. Consolidation would more likely be seen in next few days. Further rally is still possible to test 108.58 (June 16 high) after consolidation, and...
USDCHF Analysis. USDCHF broke above 1.0351 previous high resistance. Further rise is still possible to test 1.0539 (June 13 high) level. A break of this level will indicated that the down trend from 1.0623 (May 8 high)...
