EURUSD’s bearish movement extends further to as low as 1.4046 level. Deeper decline is expected to 1.3500 in next several days. Initial resistance is from the down trend line on daily chart and key resistance is at...
USDCAD is in consolidation to up trend. Pullback towards 1.0500 to reach next cycle bottom on daily chart is possible next week. Key support is at 1.0410, as long as this level holds, we’d expect up trend...
USDCHF’s up trend remains and the rise from 1.0010 extends further to as high as 1.1192 level. Further rally is expected to 1.1500 zone in a couple of week. Near term support is at 1.0842, only break...
USDJPY might be forming a cycle bottom at 105.52 on daily chart. Rebound to test 110.66 previous high resistance is now in favor in next several days. Initial support is at 105.52, below this level will indicate...
AUDUSD breaks below the support of the up trend line from 0.4815 (Sep 2001 low) to 0.7675 (Aug 2007 low). Deeper decline is still possible to 0.7800 zone in a couple of weeks. Initial resistance is at...
GBPUSD’s down trend remains and the fall from 2.0158 extends further to as low as 1.7537 level. Deeper decline is still possible to 1.7000-1.7200 area in a couple of weeks. Initial resistance is at the down trend...
EURUSD breaks through the support of the up trend line from 1.1825 (Feb 27, 2006 low) to 1.3360 (Aug 16, 2007 low). Deeper decline is expected to 1.3700-1.4000 area next week. Initial resistance is at the down...
USDCAD breaks above 1.0727 previous high resistance, suggesting that the long term up trend is underway. Further rise towards 1.1200 is expected after consolidation. Initial support is at 1.0410, as long as this support holds, up trend...
USDCHF’s up trend remains and the rise from 1.0010 extends further to as high as 1.1128 level. Further rise is expected to 1.1300 level in next few days. Initial support is at 1.0842, only break down below...
USDJPY is in consolidation to up trend. Deeper decline is still possible to test the support of the up trend line from 95.77 (Mar 17 low) to 103.76, now at 107.10 level. Key resistance is at 110.66,...
