USDCAD continued its downward movement from 1.0672 and the fall extended further to as low as 0.9831 and next target would be at 0.9700 area. Resistance is at 1.0057, as long as this level holds, downtrend will...
Being supported by 0.9300 previous low, USDCHF rebounded from 0.9328, suggesting that lengthier consolidation of downtrend is underway. Further rally is still possible in a couple of weeks and target would be at 1.0000 area.
USDJPY kept on moving sideways in a range between 80.30 and 84.50. Sideways consolidation is expected to continue next week and bounce to 83.00 area would likely be seen. Support is at 80.93 and resistance is at...
AUDUSD is facing 1.0255 resistance, a break above this level will indicate that the uptrend from 0.8066 has resumed, then further rise could be seen to 1.0400 area. Support is at 1.0050, below this level will suggest...
GBPUSD stays in a rising price channel on daily chart and remains in uptrend from 1.5344. As long as the channel support holds, uptrend could be expected to continue and next target would be at 1.6500 area....
EURUSD may be forming a cycle top at 1.3861 level on daily chart. Pullback to 1.3100-1.3200 area would likely be seen in a couple of weeks. However, the fall from 1.3861 is treated as correction of uptrend...
USDCAD remains in downtrend from 1.0672, the bounce from 0.9836 is treated as consolidation of downtrend. Further rally is still possible next week and target would be at 1.0100 area. Support is at 0.9900, a break below...
USDCHF had formed a cycle top at 0.9783 level on daily chart. Deeper decline towards 0.9300 could be seen next week, a breakdown below this level will target 0.9000 area. Resistance is at 0.9550, only break above...
USDJPY moved sideways in a range between 80.30 and 84.50. Support is at 81.85, a breakdown below this level could trigger another fall towards 80.30 previous low. However, as long as 81.85 support holds, one more rise...
AUDUSD stayed in a narrow range between 0.9803 and 1.0076 for several days. Support is at 0.9803, a break below this level could trigger another fall towards 0.9600 area. Key resistance is at 1.0076, above this level...
