EURUSD might be forming a cycle bottom at 1.3267 level on daily chart. Key resistance is now located at 1.3590, a break above this level will confirm the cycle bottom, then further rally to test 1.3817 resistance...
USDCAD is testing 1.0061 support, below this level will indicate that the downtrend from 1.0779 has resumed, then another fall towards 0.9900 could be seen. Resistance is now at the upper border of the price channel and...
USDCHF broke below 1.0506 key support, suggesting that the uptrend from 0.9917 has completed at 1.0898 already. Drop to 1.0100-1.0200 area would more likely be seen in a couple of weeks. Resistance is now at 1.0750, as...
USDJPY broke above 93.75 key resistance, suggesting the the uptrend from 84.82 has resumed, and another rise towards 100.00 is underway. Support level is now at 93.00 followed by 92.00, as long as these levels hold, uptrend...
Being supported by the lower border of the price channel on daily chart, AUDUSD bounced from 0.9001, suggesting that a cycle bottom is being formed. Another rise towards 0.9404 previous high is expected in a couple of...
GBPUSD broke above the upper border of the falling price channel on daily chart. Sideways movement in a range between 1.4784 and 1.5382 would more likely be seen in a couple of weeks. Key resistance is now...
EURUSD stays in a falling price channel on daily chart and remains in downtrend from 1.5144. As long as the channel resistance holds, the price action from 1.3267 is treated as consolidation of downtrend, and one more...
USDCAD is forming a cycle bottom at 1.0061 level on daily chart. Range trading between 1.0061 and 1.0370 would more likely be seen in a couple of weeks. However, the bounce from 1.0061 is treated as consolidation...
USDCHF stays above the rising trend line from 0.9917 to 1.0132 and remains in uptrend from 0.9917. As long as the trend line support holds, another rise towards 1.1000 is possible. Key support is now at 1.0506,...
After breaking above the trading range between 89.63 and 91.08, USDJPY bounced sharply to as high as 92.95 level, suggesting that the rise from 88.14 could possibly be resumption of uptrend. Further rally to test 93.75 key...
