EURUSD stays in the rising price channel on daily chart and remains in uptrend from 1.3748. Further rally to 1.4500 is still possible next week. However, the rise from 1.3748 is more likely a part of consolidation...
USDCAD has formed a cycle bottom at 1.0632 level on daily chart. Further rise towards the upper border of the price channel is expected in a couple of weeks. Near term support is at 1.0632, only fall...
USDCHF stays in a trading range between 1.0562 and 1.1021. One more rise above 1.1021 to reach the next cycle top on daily chart would more likely be seen next week. However, the price action from 1.0590...
USDJPY has formed a cycle top at 97.78 level on daily chart. Deeper decline to test 91.73 previous low support is expected in a couple of weeks. Near term resistance is at 97.78, only rise above this...
AUDUSD remains in uptrend from 0.6248 and the rise extends to as high as 0.8477 level. As long as 1.8180 support holds, wed expect further rally to 0.8600 zone. However, below this level will indicate that the...
No changed in our view, GBPUSD is forming a cycle top at 1.7042 level on daily chart. Deeper decline to test 1.6339 key support is expected next week, a break of this level will confirm the cycle...
EURUSD is forming a cycle top at 1.4447 level on daily chart. Key support is now located at 1.4086, a break down below this level will confirm the cycle top. Then deeper decline could be seen to...
USDCAD breaks above 1.0933 key resistance, suggesting that a cycle bottom has been formed at 1.0632 level on daily chart. The pair is now in uptrend and further rise to 1.1550-1.1600 area is expected. Near term support...
After breaking above the resistance of the falling price channel on daily chart, USDJPY pulls back from 97.78, suggesting that a cycle top is being formed. Deeper decline to test 94.36 key support is now in favor...
USDCAD remains in downtrend from 1.1723 and deeper decline is possible to 1.0400-1.0500 area. Key resistance is now at 1.0933, a break above this level will indicate that a cycle bottom has been formed at 1.0632 on...
