Analysis


EURUSD Daily Analysis

Dear Trader,

EURUSD remains in the downtrend from 1.1746, the bounce from 1.1301 is likely consolidation for the downtrend. As long as 1.1432 resistance holds, the downtrend could be expected t .....


GBPUSD Daily Analysis

Dear Trader,

GBPUSD extended its downside movement from 1.3213 to as low as 1.2661. As long as 1.2827 resistance holds, the downside movement could be expected to continue and next target would .....


AUDUSD Daily Analysis

Dear Trader,

AUDUSD remains in the downtrend from 0.7453, the bounce from 0.7202 is likely consolidation for the downtrend. As long as 0.7283 resistance holds, the downtrend could be expected t .....


USDJPY Daily Analysis

Dear Trader,

USDJPY broke below 110.80 support, suggesting that the short term uptrend from 110.10 had completed at 111.43 already. Further decline would likely be seen in the coming days and a .....


USDCAD Daily Analysis

Dear Trader,

USDCADs upside movement from 1.2961 extended to as high as 1.3174. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to .....


EURUSD Daily Analysis

Dear Trader,

EURUSD continued its downside movement from 1.1746 and the fall extended to as low as 1.1330. Near term resistance is at 1.1432. As long as this level holds, further decline could .....


GBPUSD Daily Analysis

Dear Trader,

GBPUSDs downside movement from 1.3213 extended to as low as 1.2703. Further decline is still possible and next target would be at 1.2600 area. Near term resistance is at 1.2827, on .....


AUDUSD Daily Analysis

Dear Trader,

AUDUSD extended its downside movement from 0.7453 to as low as 0.7222. Further decline is still possible after a minor consolidation and next target would be at 0.7100 area. Near t .....


USDJPY Daily Analysis

Dear Trader,

USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 112.15 had completed at 110.10 already. Further rally is possible in a cou .....


USDCAD Daily Analysis

Dear Trader,

USDCAD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.2961 had completed at 1.3170 already. Further decline is still possible and .....