GBPUSD’s rise from 1.5344 could possibly be resumption of long term uptrend from 1.4230, and the fall from 1.6058 is likely consolidation of uptrend. Another rise towards 1.6298 is still possible next week. Support is at 1.5750,...
EURUSD remains in uptrend from 1.2874 and the rise extended to as high as 1.3757 level. Further rise towards 1.4281 previous high is still possible next week. Support is at 1.3450, only break below this level could...
USDCAD may be forming a cycle top at 1.0030 level on daily chart. Another fall towards 0.9700 would likely be seen next week. Resistance is now at 1.0030, only break above this level could indicate that lengthier...
USDCHF may be forming a cycle top at 0.9783 level on daily chart. As long as 0.9300 support holds, the fall from 0.9783 is treated as correction of uptrend from 0.9300, and one more rise to 1.0000...
USDJPY formed a cycle bottom at 80.93 level on daily chart. Further rise to 85.50 area to reach next cycle top is possible next week. Support is at 81.85, a breakdown below this level will indicate that...
AUDUSD may be forming a cycle bottom at 0.9803 level on daily chart. Key resistance is at 1.0076, a break above this level will confirm the cycle bottom, then rise towards 1.0500 area could be seen. Support...
GBPUSD broke above 1.5910 key resistance and reached as high as 1.6058 level. Now the rise from 1.5344 could possibly be resumption of long term uptrend from 1.4230 (May 20, 2010 low). Further rise towards 1.6298 previous...
EURUSD broke above 1.3497 key resistance, suggesting that the downward movement from 1.4281 had completed at 1.2874 already. Now the rise from 1.2874 could possibly be resumption of long term uptrend from 1.1876 (Jun 7, 2010 low),...
USDCAD remains in downtrend from 1.0285 and the fall extended to as low as 0.9848 level. Further decline is still possible next week and next target would be at 0.9700 area. Resistance is at 0.9980, as long...
USDCHF may be forming a cycle top at 0.9783 level on daily chart. Pullback to 0.9400-0.9500 area would likely be seen next week. As long as 0.9300 key support holds, the fall from 0.9783 is treated as...
