Being contained by 84.50 resistance, USDJPY pulled back from 83.96, suggesting that a cycle top is being formed on daily chart. Deeper decline would likely be seen next week, and target would be at 82.00 area. Initial...
AUDUSD moved sideways in a range between 0.9803 and 1.0255 for several weeks. Further rise to test 1.0255 key resistance would likely be seen next week, a break above this level will indicate that the uptrend from...
GBPUSD is facing 1.6298 resistance, a break above this level will indicate that a cycle bottom had been formed at 1.5962 level on daily chart, then further rise to 1.6700 area could be seen. However, as long...
EURUSD may be forming a cycle bottom at 1.3428 level on daily chart. Further rise towards 1.3861 would likely be seen, a break above this level will indicate that the uptrend from 1.2874 has resumed, then next...
USDCAD remains in downtrend from 1.0672 and the price action from 0.9836 is treated as consolidation of downtrend. Support is at 0.9831, a breakdown below this level will indicate that the downtrend has resumed, then deeper decline...
USDCHF failed to break below 0.9300 support and rebounded from 0.9328, suggesting that a cycle bottom had been formed on daily chart. Further rise is still possible next week and target would be at 1.0000 zone. Support...
USDJPY formed a sideways consolidation in a range between 80.30 and 84.50. Further rise to test 84.50 resistance would likely be seen next week, a break above this level will target 85.50 area. Support levels are at...
Being contained by 1.0255 previous high resistance, AUDUSD dropped from 1.0199, suggesting lengthier consolidation of uptrend is underway. Deeper decline could be expected in a couple of weeks and target would be at 0.9600-0.9700 area.
GBPUSD broke below the lower border of the rising price channel on daily chart, suggesting that a cycle top had been formed at 1.6277 level. Consolidation of uptrend is expected in a couple of weeks and pullback...
EURUSD had formed a cycle top at 1.3861 level on daily chart. Pullback to 1.3100-1.3200 area to reach next cycle bottom would likely be seen. Resistance is at 1.3750, only break above this level could trigger another...