Analysis


EURUSD Daily Analysis

Dear Trader,

EURUSD continued its sideways movement in a trading range between 1.1526 and 1.1659. As long as 1.1659 resistance holds, the sideways movement could be treated as consolidation for .....


GBPUSD Daily Analysis

Dear Trader,

GBPUSD broke above 1.3043 resistance, suggesting that the upside movement from 1.2661 has resumed. Further rise could be expected in a couple of days and next target would be at 1. .....


AUDUSD Daily Analysis

Dear Trader,

AUDUSD extended its downside movement from 0.7381 to as low as 0.7085. Further decline is still possible after a minor consolidation and next target would be at 0.7000 area. Resist .....


USDJPY Daily Analysis

Dear Trader,

USDJPY is facing 111.82 resistance once again, a breakout of this level could trigger further upside movement towards 113.00. Near term support is at 111.20, a breakdown below this .....


USDCAD Daily Analysis

Dear Trader,

USDCAD dropped sharply to as low as 1.3041. However, as long as 1.3000 support holds, the fall from 1.3226 could be treated as consolidation for the uptrend from 1.2887 and another .....


EURUSD Daily Analysis

Dear Trader,

EURUSD continued its sideways movement in a trading range between 1.1526 and 1.1659. As long as 1.1659 resistance holds, the sideways movement could be treated as consolidation for .....


GBPUSD Daily Analysis

Dear Trader,

GBPUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.2661. Near term support is at 1.2896, as long as this level holds, the upside movement .....


AUDUSD Daily Analysis

Dear Trader,

AUDUSD extended its downside movement from 0.7381 to as low as 0.7085. Further decline is still possible after a minor consolidation and next target would be at 0.7000 area. Resist .....


USDJPY Daily Analysis

Dear Trader,

USDJPY is facing 111.82 resistance once again, a breakout of this level could trigger further upside movement towards 113.00. Near term support is at 111.20, a breakdown below this .....


USDCAD Daily Analysis

Dear Trader,

USDCAD dropped sharply to as low as 1.3041. However, as long as 1.3000 support holds, the fall from 1.3226 could be treated as consolidation for the uptrend from 1.2887 and another .....