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...
EURUSD is in up trend. Further rise above 1.4966 previous high may be expected next week, and a break above 1.4823 level is needed to confirm such case. Near term support is at 1.4638, only break below...
USDCAD may be forming a cycle bottom at 0.9756 on daily chart, key resistance is at 1.0248, a break of this level will confirm the cycle bottom, and further rally towards 1.0800 area is expected. Near term...
USDCHF might be forming a cycle bottom at 1.1017 on daily chart. Further rebound towards 1.1595 is still possible. Near term support is at 1.1017, as long as this support holds, we’d expect rebound to continue.
Being supported by the previous low at 107.21, USDJPY rebounded from 107.89. Sideways consolidation is expected in the next several days, and further rise towards 114.00 will more likely be seen after consolidation. On the other side,...
AUDUSD is testing the previous high resistance at 0.8846, only above this level will indicate lengthier correction to the down trend. Near term support is at 0.8680, a break below this level will signal the resumption of...
GBPUSD is testing the support at 1.9652 (Aug 17, 2007 low). Further fall towards 1.9300 area is still in favor. Near term resistance is at the down trend line from 2.1161 to 2.0830, and as long as...
