USDCAD AnalysisUSDCAD formed a short term cycle top at 0.9970. Pullback to retest the previous low support at 0.9756 is expected, and this support will more likely be held. Up trend will resume after testing 0.9756 level,...
USDCAD AnalysisUSDCAD broke above the down trend line resistance and formed a short term cycle bottom at 0.9756 level on 4-hour chart, and the down trend from 1.0248 may complete at this level. Further rebound towards 1.0050...
EURUSD AnalysisEURUSD is testing the previous high resistance at 0.4769. A short term cycle top and consolidation will more likely be seen before breaking above this level. Further rally towards 1.4966 (Nov, 23 high) is still possible...
AUDUSDAUDUSD is moving to the next short term cycle top, and the next cycle top is nearing. Key support is at 0.8710, a break below this level will confirm the cycle top, and further fall towards 0.8551...
USDJPYAs expected, USDJPY broke above 113.60 previous high and reached as high as 114.19. Further rally towards 115.00 area is expected. Key support is at 112.73, as long as this support holds, up trend will continue.
USDCADPrevious low support at 1.0004 is broken below, USDCAD is now in down trend. Further pullback towards 0.9800 area is still possible later today. Key resistance is at 1.0248, only break of this level may signal the...
USDJPYUSDJPY formed a sideways consolidation in a range between 112.73 and 113.60. Further rally towards 117.00 is still possible after consolidation, and a break above 113.60 will signal the resumption of the up trend.
EURUSD’s down trend remains and the fall from 1.4966 extended to as low as 1.4331. Further decline towards 1.4000 area is expected. Near term resistance is at the down trend line from 1.4966 to 1.4750, now at...
GBPUSD As expected, GBPUSD reached the long term support at 2.0100, a break of this level will signal the resumption of the down trend, and further fall towards the long term key support at 1.9652 (Aug 17...
USDJPYUSDJPY is in up trend. The rise from 107.21 extended to as high as 113.60. Further rally towards 114.00 area to reach the next short term cycle top is still possible in a couple of days. Key...
