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...
EURUSD is facing 1.3003 support, a breakdown below this level will signal resumption of the downtrend from 1.3486, then deeper decline towards 1.2624 previous low could be seen. Resistance is now at 1.3250, only break above this...
USDCAD stays in a trading range between 0.9841 and 1.0050. 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 fall to...
Being supported by the lower line of the price channel on daily chart, USDCHF rebounded from 0.9001, suggesting that a cycle bottom is being formed. Further rise would likely be seen next week and next target would...
USDJPY’s fall from 84.17 extends to as low as 81.32. Further decline is still possible next week, and next target would be at 80.00 area. Resistance is at 82.70, as long as this level holds, the downward...
AUDUSD remains in downtrend from 1.0855. Further decline would likely be seen next week and next target would be at 1.0100 area. Resistance remains at the downward trend line on daily chart, only a clear break above...
GBPUSD may be forming a cycle top at 1.6062 on daily chart. Further decline test test 1.5602 support would likely be seen next week, a breakdown below this level will confirm that the uptrend from 1.5236 has...
