USDCAD stays below a downward trend line on daily chart, and remains in downtrend from 1.0445. As long as the trend line resistance holds, downtrend could be expected to continue, and further decline to 0.9800 area is...
USDCHF stays in a upward price channel on daily chart, and remains in uptrend from 0.8931, the fall from 0.9971 is treated as consolidation of the uptrend. Support is at the lower line of the channel, uptrend...
USDJPY breaks above the upper line of the price channel on daily chart, suggesting that a cycle bottom has been formed at 77.92, and the downtrend from 80.61 has completed. Further rise could be expected next week,...
AUDUSD stays in a upward price channel on daily chart, and remains in uptrend from 0.9581, and the fall from 1.0612 is treated as consolidation of the uptrend. Support is now located at the lower border of...
GBPUSD stays in a trading range between 1.5393 and 1.5776. Lengthier consolidation in the range would likely be seen in a couple of weeks. Key resistance is at 1.5776, a break above this level will target 1.5900...
EURUSD remains in downtrend from 1.3486, the rise from 1.2042 is treated as consolidation of the downtrend. Further rise to 1.2600 area to complete the consolidation would likely be seen. Key resistance is located at 1.2747, as...
USDCAD’s downward movement extends to as low as 0.9905. Further decline could be expected over the next several days, and next target would be at 0.9800 area. Resistance is at the downward trend line on daily chart,...
USDCHF is in uptrend from 0.8931, the pullback from 0.9971 is likely consolidation of the uptrend. Another fall to 0.9500 area to completion the consolidation is expected over the next several days. Key resistance is at 0.9971,...
USDJPY stays in a downward price channel on daily chart, and remains in downtrend from 80.61. Another fall could be expected after a minor consolidation, and next target would be at 77.00 area. Key resistance is at...
AUDUSD’s upward movement from 0.9581 extends to as high as 1.0612. Further rise is still possible after a minor consolidation, and next target would be at 1.0700 area. Support is at the uptrend line on daily chart,...
