GBPUSD has formed a cycle top at 1.5066 on daily chart. Further fall is expected to test 1.4110, a break below this level will indicate that the consolidation from 1.3503 has completed, and then deeper decline could...
EURUSD rebounds from 1.2884, suggesting that a cycle is being formed on daily chart. Further rise is expected to test 1.3392 key resistance next week. A break above this level will confirm the cycle bottom and indicate...
USDCAD rebound sharply from 1.1981 level, suggesting that a cycle bottom is being formed. Key resistance is now located at 1.2483, a break above this level will confirm the cycle bottom, and then further rally could be...
GBPUSD breaks below the support of the rising trend line from 1.3654 to 1.4110, suggesting that a cycle top has been formed at 1.5066 level on daily chart and the rise from 1.3654 has completed. Further fall...
USDCAD breaks below 1.2191 support, suggesting that the medium term downtrend from 1.3063 has resumed. Deeper decline is still possible next week and the target is to test 1.1761 previous low support. Key resistance is now at...
USDCHF formed a cycle bottom at 1.1159 on daily chart and the rebound from 1.1159 extends to as high as 1.1687 level. Further rally is still possible next week, and target would be at 1.8000 zone. However,...
USDJPY remains in uptrend and the fall from 101.43 is treated as consolidation of the uptrend. Further rise is still possible to 105.00 zone. Near term support is at the rising trend line from 87.12 to 93.53,...
AUDUSD remains in uptrend from 0.6284. Further rise is still possible to 0.7500 next week. Near term support is at 0.7032 and key support is at 0.6768, only fall below 0.6768 level will indicate that the rise...
GBPUSD stays above the rising trend line from 1.3654 to 1.4110, and remains in uptrend from 1.3654. As long as the trend line support holds, further rise is in favor. The next target would be at 1.5300-1.5400...
EURUSD breaks below 1.3089 support and the fall from 1.3738 extends further to as low as 1.3017 level. Deeper decline is expected to 1.2750 or even lower. As the next cycle bottom is nearing, rebound would more...
