USDJPY might be forming a cycle top at 98.88 level on daily chart. Pullback towards 95.00 is possible in next several days. However, above 98.88 will indicate that the uptrend from 93.85 has resumed, and further rally...
AUDUSD is forming a cycle bottom at 0.7827 level on daily chart. Range trading between 0.7827 and 0.8263 is expected next week. The price action in the trading range will be treated as consolidation of uptrend from...
GBPUSD is forming a cycle bottom at 1.5801 on daily chart. Range trading between 1.5801 and 1.6662 is possible next week. Key resistance is located at 1.6662, a break above this level will indicate that the uptrend...
EURUSD is forming a cycle bottom at 1.3804 level on daily chart. Range trading between 1.3793 and 1.4338 is expected next week. Key resistance is at 1.4338, a break above this level will confirm the cycle bottom,...
Being contained by the resistance of the falling trend line from 1.2504 to 1.1813, USDCAD drops from 1.1289 level, suggesting that a cycle top is being formed on daily chart. Further fall is expected to re-test 1.0784...
USDCHF is forming a cycle top at 1.0986 level on daily chart. Key support is now located at 1.0590, a break down below this level is needed to confirm the cycle top. Near term resistance is at...
USDJPY might be forming a cycle top at 98.88 level on daily chart. Deeper decline would more likely be seen in next several days. Near term resistance is located at 98.88, a break above this level will...
AUDUSD might be forming a cycle bottom at 0.7827 level on daily chart. Key resistance is located at 0.8263, a break above this level is needed to confirm the cycle bottom. Near term support is located at...
GBPUSD failed to test 1.5777 key support and rebounded from 1.5801, suggesting a cycle bottom is being formed on daily chart. Further rally is expected to test 1.6662 key resistance, a break above this level will confirm...
Being contained by 1.3793 support, EURUSD rebounds from 1.3804, suggesting that a cycle bottom is being formed on daily chart. However, a break of 1.4338 key resistance is needed to confirm the cycle bottom.
