Posts
FGBPUSD Analysis. Being contained by 1.6662 preceding broad resistance, GBPUSD pulled backwards from 1.6618 last week. Range trading between 1.6240 and 1.6662 could be seen after today. As daylong as 1.6240 hold holds, we’d expect uptrend to resume, and rise above 1.6662 would more probable be seen. However, beneath 1.6240 module verify toll backwards to sideways consolidation between 1.5801 and 1.6662.
EURUSD Analysis. EURUSD trades in arrange between 1.3915 and 1.4171. As daylong as 1.3915 hold holds, the toll action in the trading arrange is treated as consolidation of brief term uptrend from 1.3804, and further rebound to test 1.4338 is in favor. However, beneath 1.3915 module communication deeper fall towards 1.3804 level.
USDCAD Analysis. USDCAD failed to test 1.0928 support, and rebounded sharply to as broad as 1.1247 verify last week. Further rise above 1.1289 preceding broad status is expected after today. Initial hold is today at 1.1150 followed by 1.1080.
AUDUSD Analysis. AUDUSD failed to test 0.8263 status and pulled backwards from 0.8236 verify last week. Further fall to test 0.7967 hold is expected after today. A fortuity beneath this verify module communication deeper fall towards 0.7827 preceding low.
USDCHF Analysis. USDCHF is testing 1.0857 resistance, a fortuity above this verify module communication further rally towards 1.0986 preceding broad resistance. As daylong as 1.0857 status holds, we’d expect downtrend to resume and deeper fall to re-test 1.0590 is still possible.
USDJPY Analysis. USDJPY is forming a sideways consolidation in a arrange between 97.08 and 98.88. Key status is today at 98.88, a fortuity above this verify module communication further rally to 100.00 level. Key hold is at 97.08, beneath this verify module indicate that the uptrend from 93.85 has completed at 98.88 already, and the mass downtrend module verify toll to 95.00 zone.
