USDCHF continued its downward move from 0.9774, and the fall extended to as low as 0.7850. Resistance is at the downtrend line on daily chart, as long as the trend line resistance holds, downtrend could be expected...
USDJPY is facing 76.40 previous low support, a breakdown below this level will indicate that the long term downtrend from 124.16 (2007 high) has resumed, then another fall towards 70.00 could be seen. Resistance is at 78.00,...
AUDUSD broke above 1.1011 previous high and reached as high as 1.1080. Minor consolidation would likely be seen, and the trading range would be between 1.0850 and 1.1080. On the upside, a break above 1.1080 will signal...
GBPUSD’s upward move extended to as high as 1.6470. Further rise is still possible next week, and next target would be at 1.6600-1.6700 area. Support is now at 1.6260, as long as this level holds, uptrend from...
Being contained by the upper border of the price channel on daily chart, EURUSD pulled back from 1.4535, suggesting that a cycle top is being formed. Range trading between 1.4050 and 1.4535 would likely be seen in...
USDCAD broke below 0.9444 support, suggesting that the long term downtrend from 1.0852 (2010 high) has resumed. Further fall could be seen next week, and next target would be at 0.9200 area. Resistance is at 0.9530, as...
USDCHF might be forming a cycle bottom at 0.8082 on daily chart. Consolidation of downtrend is expected in a couple of weeks, and further rally to test 0.8550 key resistance is possible, a break above this level...
USDJPY’s downward move from 85.51 extended to as low as 78.22. Further fall towards 76.40 previous low is still possible next week. Key resistance is now at 79.60, only break above this level will indicate that a...
AUDUSD broke above 1.0798 resistance and continued its upward move from 1.0390. Further rise towards 1.1011 is expected in a couple of weeks, a break above this level will signal resumption of the long term uptrend from...
GBPUSD formed a cycle bottom at 1.5781 on daily chart, and the rise extended to as high as 1.6338. further rise is still possible next week, and next target would be at 1.6500-1.6600 area. Support is at...
