No changed in our view, USDCAD remains in downtrend from 1.0445, the price action from 1.0159 is likely consolidation of the downtrend. Support is at 1.0100, a breakdown below this level could signal resumption of the downtrend....
USDCHF’s uptrend from 0.8931 extends to as high as 0.9872. The uptrend could be expected to continue over the next several days, and next target would be at 1.0000. Support is now at 0.9700, only break below...
USDJPY has formed a cycle top at 80.61 on daily chart. Further decline would likely be seen over the next several days, and the first target is 77.66, a breakdown below this level will indicate that he...
AUDUSD trades in a range between 0.9968 and 1.0328. As long as 0.9968 key support holds, the price action in the range is treated as consolidation of the uptrend from 0.9581, and another rise towards 1.0500 is...
GBPUSD’s fall from 1.5776 extends to as low as 1.5393. Further decline to test 1.5236 support is still possible after a minor consolidation. Resistance is at 1.5650, as long as this level holds, the downtrend could be...
EURUSD’s downward movement from 1.2747 extends to as low as 1.2162. Further decline is still possible, and next target would be at 1.2000. Resistance is at 1.2350, only break above this level will indicate that a cycle...
USDCAD remains in downtrend from 1.0445, the price action from 1.0159 is likely consolidation of the downtrend. Bounce to 1.0300 area to complete the consolidation would likely be seen next week. Key resistance is at 1.0445, only...
USDCHF breaks above 0.9769 previous high resistance, suggesting that the uptrend from 0.8931 has resumed. Further rise could be expected next week, and next target would be at 1.0000 area. Key support is now located at 0.9421,...
USDJPY remains in uptrend from 77.66, the fall from 80.61 is likely consolidation of the uptrend. Support is at the upward trend line on daily chart, as long as the trend line support holds, uptrend could be...
AUDUSD remains in uptrend from 0.9581, the price action from 1.0223 is likely consolidation of the uptrend. Pullback to 1.0050 area to complete the consolidation would likely be seen next week. Key support is at 0.9968, as...
