Analysis


EURUSD Daily Analysis

Dear Trader,

EURUSD stays below a falling trend line on its 4-hour chart and remains in the downtrend from 1.1790. As long as the trend line resistance holds, the downtrend could be expected to .....


GBPUSD Daily Analysis

Dear Trader,

GBPUSDs downside movement from 1.3362 extended to as low as 1.2957. Further decline is still possible after a minor consolidation and next target would be at 1.2900 area. Resistanc .....


AUDUSD Daily Analysis

Dear Trader,

AUDUSD is facing 0.7310 support, a breakdown below this level could trigger further downside movement to 0.7200 area. Resistance is at 0.7380, only a break of this level could brin .....


USDJPY Daily Analysis

Dear Trader,

USDJPY broke below 112.19 key support, suggesting that the upside movement from 109.36 has completed at 113.17 already. Further decline would likely be seen in the coming days and .....


USDCAD Daily Analysis

Dear Trader,

USDCAD extended its upside movement from 1.3063 to as high as 1.3289. As long as the price is in the bullish price channel on the 4-hour chart, the upside movement could be expecte .....


USDCAD Daily Analysis

Dear Trader,

USDCAD extended its upside movement from 1.3063 to as high as 1.3259. Support is located at the bottom trend line of the price channel on the 4-hour chart. As long as the channel s .....


USDJPY Daily Analysis

Dear Trader,

USDJPY remains in the uptrend from 109.36, the fall from 113.13 is likely consolidation for the uptrend. Near term support is at the bottom trend line of the price channel on the 4 .....


AUDUSD Daily Analysis

Dear Trader,

AUDUSD failed to break below 0.7310 support and rebounded strongly from 0.7343, facing the resistance at 0.7442. A break of this level would confirm the downtrend from 0.7483 is co .....


GBPUSD Daily Analysis

Dear Trader,

GBPUSD extended its downside movement from 1.3362 to as low as 1.3009, breaking below 1.3049 support. Deeper decline is still possible after a minor consolidation and next target w .....


EURUSD Daily Analysis

Dear Trader,

EURUSD broke below 1.1613 support, suggesting that the downtrend from 1.1790 has resumed. Further decline would likely be seen in the coming days and next target would be at 1.1550 .....