EURUSD failed to break above 1.3486 previous high resistance and pulled back from 1.3385. The pair is now facing 1.3003 support, a breakdown below this level will signal resumption of the downtrend from 1.3486, then deeper decline...
USDCAD continues its sideways movement in a range between 0.9841 and 1.0050. Lengthier consolidation in the range is still possible in a couple of weeks. As long as 1.0050 key resistance holds, downtrend from 1.0523 could be...
USDCHF is facing the support of the lower border of the price channel on daily chart. A clear break below the channel could trigger another fall towards 0.8569. On the other side, as long as 0.8931 key...
USDJPY formed a cycle top at 84.17 on daily chart, and is now in correction of the uptrend from 76.02. Pullback to 80.00-81.00 area to complete the correction would likely be seen in a couple of weeks....
AUDUSD stays below a downward trend line on daily chart, and remains in downtrend from 1.0855, and the fall has extended to as low as 1.0304. As long as the trend line resistance holds, downtrend could be...
GBPUSD broke above 1.5991 resistance, and reached as high as 1.6038, suggesting that the uptrend from 1.5236 has resumed. Further rise could be expected next week, and next target would be at 1.6200-1.6300 area. Support is at...
EURUSD’s rise from 1.3003 extended to as high as 1.3385. Further rise to test 1.3486 resistance would likely be seen next week, as long as this level holds, the rise could be treated as correction of the...
USDCAD stays in a range between 0.9841 and 1.0050. the price action in the range is treated as consolidation of the downtrend from 1.0523, and another fall to 0.9600-0.9700 area is is possible. On the upside, a...
USDCHF is facing the support of the lower line of the price channel on 4-hour chart. As long as the channel support holds, the uptrend from 0.8931 could be expected to resume, and another rise towards 1.9594...
USDJPY has formed a cycle top at 84.17 on daily chart. Further decline would likely be seen, and the target would be at 80.00-81.00 area. As long as 80.00 support holds, the fall from 84.17 is treated...
