AUDUSD remains in downtrend from 1.1011, the bounce from 1.0440 is treated as consolidation of downtrend. Another fall could be expected next week, and next target would be at 1.0250 zone. Key resistance is at 1.1011, only...
GBPUSD bounced strongly from 1.6059, suggesting that a cycle bottom had been formed on daily chart. Further rise towards 1.6745 previous high could be seen next week, a break above this level will indicate that the long...
EURUSD might be forming a cycle bottom at 1.3969 on daily chart. Further rise is still possible next week, and target would be at 1.4500 area. However, the bounce from 1.3969 is treated as consolidation of downtrend...
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USDCAD is facing the resistance of the downtrend line from 1.0285 to 0.9973, a clear break above the trend line resistance will indicate that the long term downtrend from 1.0672 had completed at 0.9444 already, then the...
USDCHF may be forming a cycle top at 0.8945 on daily chart. Deeper decline towards 0.8553 previous low would likely be seen next week, a breakdown below this level will indicate that the long term downtrend from...
USDJPY had formed a cycle bottom at 79.58 on daily chart. Further rally is still possible next week, and target would be at 83.00 area. Support is now at 81.00, only break below this level could trigger...
AUDUSD is now in downtrend from 1.1011. Further fall could be expected next week, and next target would be at 1.0200-1.0300 area. Key resistance is at 1.1011, only break above this level could indicate that the long...
GBPUSD’s downward movement from 1.6745 extended to as low as 1.6105. Deeper decline towards 1.5936 support could be seen next week, as long as this level holds, the price action from 1.6745 is treated as consolidation of...
