USDCHF remains in downtrend from 1.0883. Deeper decline is still possible next week and next target would be at 1.0450-1.0500 area. Key resistance is now located at 1.0714, a break above this level will indicate that the...
USDJPY remains in downtrend from 101.43. Further fall is still in favor and next target is to test 91.73 previous low support, a break down below this level will signal deeper decline towards 89.00-90.00 area.
AUDUSD is testing 0.8477 previous high resistance, a break above this level will suggest that the uptrend from 0.6248 has resumed, and then further rally could be seen to 0.8600 zone. As long as 0.8477 resistance holds,...
GBPUSD remains in downtrend from 1.7042 and the fall extends to as low as 1.6153. Deeper decline to test 1.5801 key support is expected in next several days, a break below this level will indicate that the...
EURUSD stays in a rising price channel and remains in uptrend from 1.3748. As long as the channel support holds, we’d expect uptrend to continue and further rise to 1.4500-1.4600 area could be seen in next several...
USDCAD formed a cycle bottom at 1.0632 level on daily chart and is now in uptrend. The fall from 1.1124 is treated as consolidation of uptrend. As long as 1.0632 support holds, we’d expect uptrend to resume...
USDCHF breaks below 1.0562 previous low and reaches as low as 1.0553 level. Deeper decline is still possible next week and target would be at 1.0450 zone. However the price action from 1.0590 is more likely consolidation...
USDJPY has formed a cycle top at 97.78 level on daily chart and the fall from 97.78 is treated as resumption of downtrend from 101.43. Deeper decline to test 91.73 is expected in a couple of weeks,...
AUDUSD might be forming a cycle top at 0.8477 level on daily chart. Key support is now at 0.8155, a break below this level will confirm the cycle top and indicate that the uptrend from 0.7703 has...
GBPUSD has formed a cycle top at 1.7042 level on daily chart. Further decline to 1.5900-1.6000 area is expected in a couple of weeks, and a break down below 1.6275 will confirm such case. Near term resistance...
