USDJPY Analysis. USDJPY broke below the uptrend line on 4-hour chart, suggesting that a cycle top has been formed at 77.25, and the rise from 76.09 has completed. Deeper decline to re-test 75.85 key support is expected,...
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USDJPY Analysis. USDJPY is facing the support of the uptrend line on 4-hour chart, as long as the trend line support holds, the fall from 77.25 is treated as consolidation of uptrend, one more rise towards 77.85...
GBPUSD Analysis. Being contained by 1.5327 support, GBPUSD rebounded from 1.5341, suggesting that a cycle bottom is being formed on 4-hour chart. Further rally would likely be seen in a couple of days, and target would be...
GBPUSD Analysis. GBPUSD formed a cycle top at 1.5715 on 4-hour chart. Deeper decline towards 1.5327 previous low would likely be seen later today, as long as this level holds, the price action from 1.5327 is treated...
USDCHF Analysis. Being supported by the lower border of the price channel on 4-hour chart, USDCHF rebounded from 0.8917, suggesting that a cycle bottom has been formed. Further rise to test 0.9181 resistance could be seen later...
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GBPUSD Analysis. GBPUSD’s rise from 1.5327 extended further to as high as 1.5715. Support is at 1.5500, as long as this level holds, uptrend could be expected to continue and the target would be at 1.5800 area....
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USDJPY Analysis. USDJPY moved sideways in a narrow range between 76.09 and 76.95. As long as 76.95 resistance holds, one more fall to re-test 75.96 previous low support is still possible, a breakdown below this level could...
