USDCAD stays in a trading range between 0.9977 and 1.0378. Moving sideways without trend in the range is still possible in a couple of weeks and bounce towards 1.0378 would more likely be seen next week. Support...
USDCHF’s fall from 1.0066 extends to as low as 0.9558 level. As long as 0.9463 previous low support holds, uptrend is expected to resume and another rise towards 1.0350 area is still possible. Resistance is at 0.9800,...
USDJPY is in uptrend from 80.30, the price action from 84.40 is treated as consolidation of uptrend. Pullback to 82.00-83.00 area to complete the consolidation is expected next week. Resistance is at 85.00, a clear break above...
AUDUSD is forming a cycle top at 1.0027 level on daily chart. Key support is at 0.9750, a break below this level will confirm the cycle top, then another fall to test 0.9537 support could be seen....
GBPUSD breaks below 1.5284 support, suggesting that the downtrend from 1.6298 has resumed. Deeper decline to test 1.5296 key support is expected next week, a break below this level will confirm that the long term uptrend from...
EURUSD is forming a cycle top at 1.3497 level on daily chart. The fall from 1.3497 could possibly be resumption of downtrend from 1.4281. Deeper decline to test 1.2969 key support is expected next week, a breakdown...
USDCAD keeps on moving sideways in a range between 0.9977 and 1.0378. The sideways movement is expected to continue next week and bounce to 1.0200 area would likely be seen. Support is at 0.9977, below this level...
USDCHF may be forming a cycle bottom at 0.9725 level on daily chart. Further rise towards 1.0066 would likely be seen next week, a break above this level will confirm the cycle bottom and indicate that the...
USDJPY is facing 84.40 resistance, a break above this level will suggest that the upward move from 80.30 has resumed, then further rally could be seen to 87.00 or even higher. Support is at 82.34, below this...
AUDUSD formed a cycle bottom at 0.9537 level on daily chart. The bounce from 0.9537 is likely resumption of uptrend from 0.8066, further rise towards 1.0182 key resistance is expected, a break above this level will target...
