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Usdjpy Is In Down Trend
USDJPY is in down trend. The rebound from 104.98 is treated as correction to down trend. Initial resistance is at 106.77. As long as this resistance holds, deeper decline is possible after correction. A break below 104.98 will indicate that the corre...
EURUSD Is Testing The Previous High Resistance
EURUSD is testing the previous high resistance at 1.5843, above this level we may see further rally to 1.5950. Long term resistance is located at 1.6019, rise above this level will indicate that sideways consolidation in a range between 1.5284 and 1....
Audusd Broke Below The Up Trend Line
AUDUSD broke below the up trend line on 4-hour chart. Sideways consolidation in a range between 0.9541 and 0.9667 could be seen in a couple of days. As long as 1.9493 key support holds, we’d expect up trend to resume and rise to 0.9700 to reach next ...
Usdjpy Pulled Back Sharply From 108.41
USDJPY pulled back sharply from 108.41 and broke below 106.56 support. The pair is now in down trend. Further fall is still possible to 105.00 area in a couple of days. Initial resistance is at 107.20, as long as this resistance holds, we’d expect do...
Usdchf Broke Below The Up Trend Line
USDCHF broke below the up trend line from 0.9634 to 1.0147. Deeper decline is possible to 1.0000 area in a couple of weeks. Key resistance is at 1.0539, only break of this level will signal resumption of long term up trend.For long term analysis, USD...
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