EURUSD’s upward movement from 1.2747 extends to as high as 1.3138, suggesting that a cycle bottom had been formed on daily chart, and the downward movement from 1.3711 had completed. Further rise could be expected, and next...
The AUD/USD pair fell during the session on Friday, but did get a bit of a bounce once we got to the 1.0480 handle. The resulting candle ended up closing above the 1.05 handle, and as a...
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USDCAD remains in downtrend from 1.0341, the rise from 1.0105 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.0000 area. Resistance is at 1.0250, as long...
USDCHF breaks below 0.9352 support, suggesting that the upward movement from 0.9021 had completed at 0.9567 already. Further decline could be expected next week, and next target would be at 0.9100 area. Resistance is at 0.9567, only...
After consolidation, USDJPY continues its upward movement from 77.14, and the rise extends to as high as 97.82. Further rise could be expected next week, and next target would be at 100.00 area. Key support is at...
AUDUSD had formed a cycle top at 1.0496 on daily chart. However, the fall from 1.0496 is likely correction of the uptrend from 1.0115, pullback to 1.0200 – 1.0300 area to complete the correction could be expected...
GBPUSD broke above the resistance of the downward trend line on daily chart, suggesting that the downtrend from 1.6339 had completed at 1.4831 already. Further rally would likely be seen next week, and next target would be...
EURUSD may be forming a cycle bottom at 1.2747 on daily chart. Range trading between 1.2747 and 1.3100 would likely be seen in a couple of weeks. Key resistance is at 1.3100, as long as this level...
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