USDCAD is in consolidation to the up trend. The fall from 1.0378 extended to as low as 0.9943. Further fall towards 0.9885 area to complete the consolidation is expected. Key support is at 0.9756, only breakdown below...
No changed in our view, USDCHF formed a cycle bottom at 1.0836 on daily chart. Consolidation to the down trend may be expected in the next several days, and further rise above 1.1120 previous high to reach...
USDJPY is forming a cycle bottom at 104.96 on daily chart, key resistance is at 107.91, a break above this level will confirm the cycle bottom, and further rise towards 114.77 is expected to follow. Near term...
AUDUSD is forming a cycle bottom at 0.8512 on daily chart. Further rise towards 0.9018 previous high is possible after consolidation, a break above this level will confirm the cycle bottom, and rise to test the previous...
GBPUSD is forming a sideways consolidation in a range between 1.9337 and 2.0099, move without trend in this range may be expected before breaking below 1.0337 level. However, the rise from 1.9337 is treated as consolidation to...
EURUSD is forming a symmetrical triangle pattern in a range between 1.4309 and 1.4966. Near term resistance is at the down trend line from 1.4966 to 1.4921, pullback towards 1.4400 area to reach the next cycle bottom...
USDCAD dropped sharply from 1.0378 and reached as low as 1.0015 level. Further fall towards 0.9885 area is expected next week. However, the fall from 1.0378 is treated as consolidation to the up trend, previous low support...
USDCHF formed a cycle bottom at 1.0836 on daily chart. Consolidation to the down trend may be expected in the next several days, and further rebound towards 1.1189 to reach the next cycle top on daily chart...
USDJPY is in down trend. The fall from 114.77 extended to as low as 104.96, and further decline towards 104.00 area to reach the next cycle bottom on daily chart is still possible after consolidation. Near term...
AUDUSD is forming a cycle bottom at 0.8512 on daily chart. Further rise towards 0.9018 previous high is possible next week, a break above this level will confirm the cycle bottom, and rise towards 0.9398 is expected...
