EURUSD bounces strongly from 1.2661, suggesting that a cycle bottom has been formed on daily chart. Further rise could be expected next week, and next target would be at 1.3100-1.3150 area. Support is at 1.2800, only break...
USDCAD stays in a upward price channel on daily chart, and remains in uptrend from 0.9632. Further rise is still possible, and next target would be at 1.0100-1.0150 area. Support is located at the lower line of...
USDCHF’s upward movement from 0.9214 extends to as high as 0.9511. Further rise is still possible and next target would be at 0.9650 area. However, the price action from 0.9239 is likely consolidation of the downtrend from...
USDJPY breaks above 80.67 resistance, and continues its upward movement from 77.14, and the rise extends to as high as 81.45. Further rise could be expected after consolidation, and next target would be at 83.00 area.
AUDUSD stays within a upward price channel on daily chart, and remains in uptrend from 1.0149. Support is located at the lower line of the channel, as long as the channel support holds, the fall from 1.0480...
GBPUSD continues its downward movement from 1.6309, and the fall extends to as low as 1.5827. Further decline is still possible after consolidation, and next target would be at 1.5700 area.
EURUSD’s downward movement from 1.3171 extends to as low as 1.2661. Deeper decline is still possible, and next target would be at 1.2500 area. However the fall is likely correction of the uptrend from 1.2042, another rise...
USDCAD stays in a upward price channel on daily chart, and remains in uptrend from 0.9632. Further rise could be expected next week, and next target would be at 1.0100-1.0150 area.
USDCHF breaks above 0.9437 resistance and reaches as high as 0.9498, suggesting that lengthier consolidation of the downtrend from 0.9971 is underway. Further rise could be expected next week, and next target would be at 0.9600 area.
USDJPY pulls back from 80.67, and the fall extends to as low as 79.07. However, the fall is likely consolidation of the uptrend from 77.14. Support is now at the lower line of the price channel on...
