USDJPY breaks above 79.52 resistance, suggesting that the sideways movement in a range between 75.57 and 79.52 has completed. Further rise is expected after a minor consolidation, and next target would be at 82.00 area. Support is...
AUDUSD stays in a upward price channel on daily chart, and remains in uptrend from 0.9861, the price action from 1.0844 could be treated as consolidation of the uptrend. Another rise towards 1.1080 previous high is still...
GBPUSD is forming a cycle top at 1.5928 on daily chart. Another fall to test 1.5640 key support would likely be seen, a breakdown below this level will confirm the cycle top, then further decline towards 1.5236...
EURUSD broke below 1.3026 support, suggesting that a cycle top has been formed at 1.3320 on daily chart. Further decline would likely be seen over the next several days, and the first target would be at 1.2800...
USDCAD may be forming a cycle bottom at 0.9925 on daily chart. Further rally would likely be seen next week, and next target would be at 1.0150 area. Support is at 0.9925, only break below this level...
USDCHF’s downward movement extended to as low as 0.9088. Further decline is still possible next week, and the target would be at the lower line of the price channel on 4-hour chart. Resistance is at 0.9265, only...
Being supported by 75.57 previous low, USDJPY rebounded strongly from 76.02. Further rise to test 79.52 resistance is still possible after consolidation, as long as this level holds, lengthier sideways movement between 75.57 and 79.52 could be...
AUDUSD’s uptrend from 0.9861 extended to as high as 1.0844, the subsequent pullback is treated as consolidation of the uptrend. Key support is at 1.0525, as long as this level holds, one more rise to 1.0900-1.1000 area...
GBPUSD may be forming a cycle top at 1.5928 on daily chart. Key support is at 1.5640, a breakdown below this level will confirm the cycle top. However, as long as 1.5640 level holds, the fall from...
EURUSD’s bounce from 1.2624 extended to as high as 1.3320. Further rise is still possible next week, and next target would be at 1.3500-1.3600 area. Key support is at 1.3026, only break below this level could indicate...
