USDCHF continues its sideways movement in a range between 0.8931 and 0.9333. Key support is at 0.8931, a breakdown below this level will trigger another fall towards 0.8600. On the other side, a break above 0.9333 could...
USDJPY stays below a downward trend line on daily chart, and remains in downtrend from 84.17. As long as the trend line resistance holds, downtrend could be expected to continue next week, and next target would be...
AUDUSD is forming a cycle bottom at 1.0225 on daily chart. Further rally would likely be seen next week, and the target would be at 1.0550-1.0600 area. However, the rise would possibly be consolidation of the downtrend...
GBPUSD breaks above 1.6062 previous high and reaches as high as 1.6148. Further rise could be expected next week, and next target would be at 1.6300 area. Support is now located on the upward trend line on...
EURUSD traded in a range between 1.2975 and 1.3486. Key support is at 1.2975, a breakdown below this level will signal resumption of the long term downtrend from 1.4939, then further decline towards 1.2500 could be seen....
USDCAD traded in a range between 0.9841 and 1.0050 for several weeks. As long as 1.0050 key resistance holds, the price action in the range is treated as consolidation of the downtrend from 1.0523, and one more...
USDCHF formed a sideways consolidation in a range between 0.8931 and 0.9333. Another rise to test 0.9333 resistance would likely be seen next week, a break above this level will signal resumption of the uptrend from 0.7067....
USDJPY’s downward movement from 84.17 extends to as low as 80.58. Deeper decline would likely be seen next week and next target would be at 80.00 area. Resistance is at 82.00, only break above this level could...
AUDUSD breaks above the downward trend line on daily chart, suggesting that a cycle bottom is being form at 1.0225. Further rise is still possible next week, and the target would be at 1.0550 area. However, the...
GBPUSD is forming a cycle top at 16062 on daily chart. Key support is at 1.5800, a breakdown below this level will confirm the cycle top, then deeper decline towards 1.5600 could be seen. Resistance is at...
