USDCHF broke below 1.0890 previous low and reached as low as 1.0852. Sharply fall towards 1.0600 is still possible in the next several days. Near term resistance is at 1.1189, as long as this resistance holds, down...
USDJPY fell below 107.21 previous low and reached as low as 106.57. Further fall towards 105.00 area is expected. Near term resistance is at 110.10, as long as this resistance holds, down trend will continue.
AUDUSD pulled back from 0.9018 level, further fall to test the key support at 0.8682 is still possible, a break below this level will signal the reversal to the up trend, and further fall below 0.8551 previous...
GBPUSD’d down trend remains, and the fall from 2.1161 extended to as low as 1.9481 level. Further fall towards 1.9300 area to reach the next cycle bottom on daily chart is still in favor. Near term resistance...
EURUSD failed to test the previous high resistance at 1.4966 and pulled back from 1.4921 level. Consolidation can be seen before breaking above 1.4966 level, and rise above 1.4966 level is still possible after consolidation. Key support...
USDCAD is testing the previous high resistance at 1.0248 level, break above this level will more likely be seen next week, and further rally towards 1.0750 area is expected to follow. Near term support is at 0.9756,...
USDCHF broke below 1.1017. Further fall towards 1.0890 previous low is still possible next week, a break below this level will signal the resumption of the long term down trend. Near term resistance is at 1.1189 level.
USDJPY might be forming a cycle bottom at 107.89 level on daily chart. Rebound towards 112.00 area is expected next week. Key support is at 107.21, only fall below this level will signal the resumption of the...
AUDUSD broke above the previous high resistance at 0.8846 and reached as high as 0.8975. Further rise towards 0.9300 area is expected to follow next week. Near term support is at 0.8810, followed by 0.8682.
GBPUSD broke below the long term support at 1.9652 (Aug 17, 2007 low), and reached as low as 1.9481. Further fall towards 1.9300 area is still in favor. Near term resistance is at the down trend line...
