USDCAD breaks above 1.0819 previous high resistance and reaches as high as 1.0842 level. Further rise is still possible to 1.1000 zone next week. Near term support is located at 1.0630, as long as this level holds,...
USDCHF is testing 1.1416 previous high resistance. Further rise could be seen to 1.1800 zone after consolidation, and a break of 1.1416 will confirm such case. Initial support is at 1.1055 and followed by the up trend...
USDJPY is in consolidation to down trend. Rise towards 108.50 to reach the next cycle top on daily chart is expected next week. Initial support is at 103.49, a break of this level will signal resumption of...
AUDUSD breaks below 0.7802 previous low support and reaches as low as 0.7698 level. Deeper decline could be seen to 0.7500 zone next week. Near term resistance is now at 0.7900, as long as this level holds,...
GBPUSD pulled back sharply and reached as low as 1.7551 level. Deeper decline to test 1.7047 (Dec 2005 low) could be seen in a couple of weeks. Initial resistance is located at 1.7980, only rise above this...
EURUSD breaks below 1.3881 previous low support and reaches as low as 1.3702 level. Deeper decline is now in favor, and target could be seen to 1.3000-1.3200 area. Initial resistance is now located at 1.3980 and followed...
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USDCAD rebounds sharply from 1.0297 and formed a cycle bottom on daily chart. Further rise above 1.0819 previous high is still possible in next several days. Long term key support is now located at 1.0297, a break...
USDCHF rebounds from 1.0693 level. Further rise is still possible to test 1.1416 previous high resistance. As long as this level holds, we’d expect down trend to resume and one more fall below 1.0693 is in favor....
USDJPY breaks below 103.54 previous low support and is back to down trend. Rebound from 103.49 is now treated as consolidation to down trend, and deeper decline is expected to 101.50 zone after consolidation.
