GBPUSD’s upward movement from 1.5268 extends to as high as 1.6254, and is now facing 1.6301 resistance. Consolidation of the uptrend could be expected next week, and the trading range would be between 1.6050 and 1.6301. Uptrend...
EURUSD continues its upward movement from 1.2042, and the rise extends to as high as 1.3168. Further rise could be expected next week, and next target would be at 1.3400 area. Support levels are now at 1.2940...
USDCAD breaks below 0.9799 support, and reaches as low as 0.9765. Further decline could be expected over the next several days, and next target would be at 0.9600 area. Key resistance is at the downward trend line...
USDCHF’s fall from 0.9971 extends to as low as 0.9434, and is now facing 0.9421 key support, a breakdown below this level will indicate that the uptrend from 0.8931 has completed, then deeper decline towards 0.9000 could...
USDJPY is facing 77.92 support, a break below this level will indicate that the sideways movement started from 77.66 has completed, then further decline to 76.00 could be seen. Key resistance is at 79.65, only break above...
AUDUSD bounces strongly from 1.0167, suggesting that a cycle bottom has been formed on daily chart. Further rise could be expected after a minor consolidation, and next target would be at 1.0500 area. Key support is at...
GBPUSD’s upward movement from 1.5268 extends to as high as 1.6033. The pair is now facing the resistance of the upper line of the price channel on daily chart, consolidation could be expected over the next several...
EURUSD breaks above 1.2747 key resistance, suggesting that the downtrend from 1.3486 has completed at 1.2042 already. Further rise could be expected after a minor consolidation, and next target would be at 1.3000 area. Support is now...
USDCAD remains in downtrend from 1.0445, the rebound from 0.9842 is treated as consolidation of the downtrend. Resistance is located at the downtrend line on daily chart, as long as the trend line resistance holds, the downtrend...
USDCHF is facing 0.9421 support, a breakdown below this level will indicate that the uptrend from 0.8931 has completed at 0.9971 already, then the following downward movement could bring price back to 0.9000-0.9100 area. On the upside,...
