EURUSD remains in downtrend from 1.5144 and the bounce from 1.1876 is treated as consolidation of downtrend. Resistance is at the falling price channel on daily chart, now at 1.2340, as long as the channel resistance holds,...
Being contained by the uptrend line from 0.9930 to 1.0110, USDCAD bounced strongly from 1.0333 level. Another rise towards 1.0852 is still possible in a couple of weeks, a break above this level will target 1.1100 area,...
USDCHF stays in a rising price channel on daily chart and remains in uptrend from 1.0434 and the fall from 1.1730 is more likely consolidation of uptrend. As long as 1.1400 support holds, uptrend is expected to...
USDJPY consolidated in a range between 88.14 and 94.98 for several months. Another rise towards 94.98 would more likely be seen in a couple of weeks, a break above this level will indicate that the uptrend from...
AUDUSD is forming a cycle top at 0.8550 level on daily chart. Key support is at 0.8066, a breakdown below this level will confirm the cycle top and indicate that the downtrend from 1.9381 has resumed, then...
GBPUSD might be forming a cycle top at 1.4769 level on daily chart and the fall from 1.4769 could possibly be resumption of downtrend. Key support is now at 1.4230, a break below this level will confirm...
EURUSD continues its downward movement and the fall from 1.5144 extends to as low as 1.1955 level. Resistance is now at 1.2330, as long as this level holds, downtrend could be expected to continue and deeper decline...
USDCAD dropped sharply from 1.0852, suggesting that a cycle top is being formed on daily chart. Deeper decline toward the rising trend line from 0.9930 to 1.0110 is expected next week. A clear break below the trend...
USDCHF remains in uptrend from 1.0434 and the fall from 1.1695 is treated as consolidation of uptrend. Support is now at 1.1400, as long as this level holds, we’d expect uptrend to resume and another rise to...
USDJPY traded in a range between 88.14 and 94.98 for several months. Another rise towards 94.98 would more likely be seen in a couple of weeks, a break above this level will indicate that the uptrend from...
