GBPUSD broke below 1.5423 support, suggesting that the downtrend from 1.6164 has resumed. Further fall to test 1.5272 support is extended, a breakdown below this level could signal resumption of the downtrend from 1.6745 (Apr 28 high)....
EURUSD broke below 1.3146 support, suggesting that the downtrend from 1.4246 has resumed. Further decline could be seen in a couple of weeks, and next target would be at 1.2500 area. Resistance remains at the upper border...
USDCAD remains in downtrend from 1.0523. The rise from 1.0051 would possibly be consolidation of downtrend. Another fall could be expected after consolidation, and next target would be at 0.9800 area. Resistance is now at 1.0260, as...
USDCHF might be forming a cycle top at 0.9329 on daily chart. Key support is at 0.9065, a break below this level will trigger another fall to 0.8400 area. Resistance is at 0.9329, only break above this...
USDJPY is forming a sideways consolidation in a range between 75.57 and 79.52. Lengthier consolidation in the range could be expected to continue, and another rise towards 79.52 would likely be seen in a couple of weeks.
AUDUSD remains in uptrend from 0.9663, the pullback from 1.0378 is treated as consolidation of uptrend. Another rise is still possible after consolidation, and next target would be at 1.0600-1.0700 area. Support levels are at 1.0000 and...
GBPUSD broke above the upper line of the price channel on daily chart, suggesting that a cycle bottom is being formed at 1.5423. Key resistance is at 1.5779, a break above this level will signal completion of...
EURUSD is forming a cycle bottom at 1.3212 on daily chart. Key resistance is now at 1.3546, a break above this level will confirm the cycle bottom, then the following upward movement could bring price to 1.4500...
USDCAD is now in downtrend from 1.0523. Further fall could be expected in a couple of weeks, and next target would be at 0.9800 area. Resistance is at 1.0250, as long as this level holds, downtrend will...
After breaking above 0.9314 previous high, USDCHF pulled back from 0.9329, suggesting that a cycle top is being formed on daily chart. Deeper decline would likely be seen next week, and target would be at 0.8850 area....
