EURUSD formed a cycle bottom on daily chart, and the consolidation from 1.4966 has completed at 1.4438 level. Further rally to test 1.4966 long term key resistance is still possible, a break of this level will signal...
MACD Divergence or Moving Average Convergence/Divergence is a useful indicator for spotting major changes in market trend, indicate trend direction and for giving hints of a possible market reversal. It is one of the strongest signals generated...
Relative Strength Index (RSI), one of the most popular financial technical analysis oscillators is best adapted to work in markets, which is range-bound. Developed in 1978 by J.Welles Wilder its popularity is mainly due to its easy...
Being supported by the price channel, USDCAD rebound from 0.9871 level. Rise towards 1.0750 area to reach the next cycle top on daily chart is still in favor, and a break of 1.0126 level is needed to...
USDCHF might be forming a cycle top at 1.1102 level. Pullback to test the previous low support at 1.0729 is expected. A break of 1.0860 key support will confirm the cycle top. Near term resistance is at...
No changed in our view, USDJPY formed a cycle bottom on daily chart, and the fall from 114.77 has completed at 104.96 level. Rebound towards 112.50 area to reach the next cycle top on daily chart could...
No changed in our view, AUDUSD is in up trend. The fall from 0.9100 is treated as consolidation to the up trend. Further rise to test 0.9398 previous high resistance could still be seen after consolidation, and...
Being supported by the previous low at 1.9337, GBPUSD rebounded from 1.9386. Further rise to 1.9900 area to reach the next cycle top on daily chart is expected. Key support is at 1.9337, only breakdown of this...
EURUSD is forming a cycle bottom on daily chart, and the fall from 1.4951 has completed at 1.4438 level. Further rise to test the previous high resistance at 1.4966 is expected, and a break of 1.4670 level...
USDCAD’s consolidation from 1.0248 might be completed at 0.9871 level. Rise towards 1.0750 area to reach the next cycle top on daily chart is now in favor, and a break of 1.0126 level is needed to confirm...
