After breaking above 1.5928 previous high, GBPUSD pulled back from 1.5991. Further fall to test 1.5645 key support is expected next week, a break below this level could trigger another fall towards 1.5000. On the other side,...
EURUSD is facing the support of the upward trend line on daily chart, a clear break below the trend line will indicate that the rise from 1.2624 has completed at 1.3486 already, then the following downward movement...
No changed in our view, USDCAD remains in downtrend from 1.0523, the price action in the trading range between 0.9905 and 1.0050 is treated as consolidation of the downtrend. Further fall to 0.9700 is still possible after...
USDCHF’s downward movement from 0.9594 extends to as low as 0.8931. Further decline could be seen over the next several days, and next target would be at 87.00 area. Resistance is at the downward trend line on...
USDJPY’s upward movement extends to as high as 81.20. Further rise could be expected after a minor consolidation, and next target would be at 83.00 area. Initial support is at 80.00, as long as this level holds,...
AUDUSD broke below the price channel on daily chart. However, the fall from 1.0844 is likely consolidation of the uptrend from 0.9861, one more rise towards 1.1080 previous high is still possible. Key support is now at...
GBPUSD failed to break below 1.5645 key support and stays in a trading range between 1.5645 and 1.5928. The price action in the trading range is likely consolidation of the uptrend from 1.5236. Further rise to test...
EURUSD breaks above 1.3320, suggesting that the uptrend from 1.2624 has resumed. Further rise could be expected over the next several days, and next target would be at 1.3700 area. Support is now at upward trend line...
USDCAD remains in downtrend from 1.0523, the rise from 0.9925 is likely consolidation of the downtrend. Another fall towards 0.9700 is still possible after consolidation, and a breakdown below 0.9925 could signal resumption of the downtrend. Resistance...
USDCHF remains in downtrend from 0.9594, the rise from 0.9088 is likely consolidation of the downtrend. One more fall towards the lower line of the price channel on daily chart would likely be seen after consolidation. Resistance...
