GBPUSD breaks below 1.4466 previous low support, suggesting that the long term down trend has resumed. Deeper decline could be seen to 1.4000 zone in next several days. Long term key resistance is now located at 1.5722,...
USDCAD is forming a sideways consolidation in a range between 1.1464 and 1.3015. Deeper decline is still possible to retest 1.1464 previous low support in next several days, and rebound would more likely be seen before breaking...
USDCHF formed a cycle bottom at 1.0410 level on daily chart. Consolidation in a range between 1.0410 and 1.1130 could be expected in a couple of weeks, and one more rise above 1.1130 would more likely be...
USDJPY is forming a cycle bottom at 87.13 on daily chart. Further rally is still possible to 95.00 zone in a couple of weeks. Initial support is located at 87.13, only fall below this level will signal...
AUDUSD is forming a cycle top at 0.7140 level on daily chart. Pullback towards 0.6300 is expected in a couple of weeks. Initial resistance is located at 0.7140, only rise above this level will signal further rally...
GBPUSD is testing 1.4466 previous low support, a break down below this level will signal deeper decline towards 1.4000 zone. As long as 1.4466 level holds, we’d expect up trend to resume, and one more rise above...
EURUSD formed a cycle top at 1.4719 level on daily chart. Consolidation in a range between 1.3825 and 1.4719 would more likely be seen next week. Initial support is now located at 1.3825, a break down below...
No changed in our view, USDCAD is forming a sideways consolidation in a range between 1.1464 and 1.3015. Deeper decline is still possible to retest 1.1464 previous low support and rebound would more likely be seen before...
USDCHF rebounds sharply from 1.0410, suggesting that a cycle bottom has been formed on daily chart. Consolidation in a range between 1.0410 and 1.1350 would more likely be seen in a couple of weeks. Near term support...
USDJPY remains in down trend. Deeper decline is still possible to 86.00 zone next week. Initial resistance is at the upper border of the price channel, as long as the channel resistance holds, we’d expect down trend...
