AUDUSD has formed a cycle bottom at 1.0344 on daily chart. Further rise to test 1.0585 resistance would likely be seen, a break above this level will signal resumption of the uptrend from 1.0149, then next target...
GBPUSD has formed a cycle top at 1.6339 on daily chart. Further decline could be seen over the next several days, and next target would be at 1.5900 area. Key resistance is at 1.6339, only break above...
EURUSD breaks below the lower line of the price channel on daily chart, suggesting that the upward movement from 1.2661 has completed. Further decline would likely be seen, and the target would be at 1.2700-1.2800 area.
No changed in our view, USDCAD remains in downtrend from 1.0055, the rise from 0.9824 would possibly be correction of the downtrend. Key resistance is at 1.0055, as long as this level holds, the downtrend could be...
USDCHF stays within a downward price channel on daily chart, and remains in downtrend from 0.9511. Another fall could be expected after consolidation, and next target would be at 0.8900 area.
USDJPY’s upward movement from 77.14 extends to as high as 86.63. Further rise could be expected after consolidation, and next target would be at 88.00 area. Support is at 85.50 followed by 84.50, as long as these...
AUDUSD is now in downtrend from 1.0585. Further decline would likely be seen next week, and next target would be at 1.0200 area. Key resistance is at 1.0585, only break above this level could signal resumption of...
GBPUSD breaks below 1.6100 support, suggesting that a cycle top has been formed at 1.6306 on daily chart. Further decline would likely be seen next week, and next target would be at 1.5900 area. Key resistance is...
EURUSD stays within an upward price channel on daily chart, and remains in uptrend from 1.2661, the fall from 1.3308 is likely consolidation of the uptrend. Support is at the lower line of the channel, as long...
USDCAD remains in downtrend from 1.0055, the rise from 0.9824 is likely correction of the downtrend. Another fall is still possible after correction, and a breakdown below 0.9824 could signal resumption f the downtrend. Resistance levels are...
