USDJPY continued its sideways movement in a range between 75.57 and 79.52. Lengthier consolidation in the range is still possible in a couple of weeks, and another rise towards 79.52 would likely be seen before breaking below...
AUDUSD’s upward movement from 0.9861 extends to as high as 1.0793. Further rise is still possible next week, and next target would be at 1.0900 area. Support is at 1.0600, only a breakdown below this level could...
GBPUSD’s upward movement from 1.5236 extended to as high as 1.5882. Further rise is still possible next week, and next target would be at 1.6000 area. Key support is at 1.5640, only break below this level could...
EURUSD remains in uptrend from 1.2624. Support is at 1.2930, followed by 1.2855, as long as these levels hold, uptrend could be expected to continue, and one more rise to 1.3500-1.3600 area is still possible after consolidation.
USDCAD’s fall from 1.0422 extended to as low as 0.9981. Further decline is still possible next week, and next target would be at 0.9700-0.9800 area. Resistance is at 1.0100, as long as this level holds, downtrend will...
USDCHF broke below 0.9244 key support, suggesting that a cycle top has been formed at 0.9594 on daily chart, and the rise from 0.8569 has completed. Further decline is expected in a couple of weeks, and the...
USDJPY moved sideways in a trading range between 75.57 and 79.52 for several weeks. Another fall to test 75.57 key support would likely be seen next week, a breakdown below this level could signal resumption of the...
AUDUSD is facing 1.0750 resistance, consolidation would likely be seen before breaking above this level, and the trading range for next week would be between 1.0450 and 1.0750.
GBPUSD’s rebound from 1.5236 extended to as high as 1.5739. Further rise would likely be seen in a couple of weeks, and the target would be at 1.6000 area. Initial support is at 1.5590, as long as...
EURUSD’s bounce from 1.2624 extended to as high as 1.3233. Further rise is still possible next week, and next target would be at 1.3500 area. Key resistance is at 1.3700, as long as this level holds, the...
