EURUSD continues its bearish movement and drops sharply to as low as 1.4261 level. Deeper decline is still in favor next week and next target would be at 1.4100 area. Resistance levels are at 1.4450 and 1.4550,...
USDCAD has consolidated in a range between 1.0405 and 1.0852 for several weeks. Another fall below 1.0206 previous low would more likely be seen after consolidation. Resistance is at 1.0852, only rise above this level could signal...
USDCHF broke above 1.0337 key resistance, suggesting that the fall from 1.1021 has completed at 0.9917 already. Further rally is still possible next week and next target would be at 1.0600 area. Support is at 1.0200, only...
Being contained by resistance of the upper border of falling price channel on daily chart, USDJPY pulled back from 90.76 level. However, the fall from 90.76 is more likely consolidation of uptrend from 84.82, another bounce towards...
AUDUSD stays in a trading range between 0.8916 and 0.9404. Moving sideways without trend in the range is still possible next week. As long as 0.8916 support holds, the price action in the trading range is treated...
GBPUSD broke below 1.6251 key support, suggesting that a cycle top has been formed at 1.6875 level on daily chart. Another fall towards 1.5708 would more likely be seen in next several days. Resistance is at 1.6370...
EURUSD broke below 1.4626 key support, suggesting that the uptrend from 1.3748 has completed at 1.5144 level already. Further decline is now in favor and next targets would be at 1.4300 area. Resistance is at 1.4800, only...
USDCAD continues to trade in range between 1.0405 and 1.0852. As long as 1.0852 resistance holds, another fall towards 1.0000 is expected after consolidation. Key resistance is at 1.0852, only rise above 1.0852 will indicate lengthier correction...
USDCHF broke above the resistance of the upper border of the falling price channel on daily chart. Sideways movement in a range between 0.9917 and 1.0337 is expected in a couple of week. As long as 1.0337...
After touching the lower border of the falling price channel on daily chart, USDJPY rebounded sharply from 84.82 level, suggesting that a cycle bottom has been formed. Now the pair is testing the resistance of the upper...
