GBPUSD's down trend remains. The rebound from 1.9755 is treated as consolidation to the down trend. Further fall below the previous low support at 1.9652 (Aug...
EURUSD is forming a sideways consolidation in a range between 1.4309 and 1.4966 to the long term up trend. As long as 1.4309 support holds, we'd expected up...
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...
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...
As expected, USDCAD broke above 1.0248 previous high and reached as high as 1.0307 level. Further rally towards 1.0750 area is expected. Near term support is...
EURUSD formed a sideways consolidation in a range between1.4309 and 1.4966 to the up trend. It will move without trend in this range until the next cycle...
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...
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...
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 signal the...
EURUSD dropped sharply from 1.4951, and reached as low as 1.4621. Further pullback to 1.4400 area to reach the next cycle bottom on daily chart could still be...
EURUSD dropped sharply from 1.4951, and reached as low as 1.4621. Further pullback to 1.4400 area to reach the next cycle bottom on daily chart could still be...
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...
USDCHF is forming a cycle top at 1.1105 level on daily chart, key support is at 1.0860 level, a break of this level will confirm the cycle top, and further...
USDCAD broke above 1.0126 and reached as high as 1.0175 level. Further rise to test previous high resistance at 1.0378 is expected. Near term support is at the...
USDCHF broke below the key support at 1.0884 and topped at 1.1105 on daily chart. Deeper decline to test 1.0729 can be seen next week, a break below this level...
As expected, EURUSD breaks above 1.4966 (23 Nov 2007 high) and reaches as high as 1.5047. Further rise to 1.5300 area to reach the next cycle top on daily...
USDJPY breaks below 104.96 and drops sharply to as low as 103.67 level. Deeper decline to test 101.65 (Jan 2005 low) is still possible. Near term resistance is...
GBPUSD might be forming a cycle top at 1.9971 on daily chart. Key support is at 1.9760, a break of this level will confirm the cycle top and signal the...
USDJPY broke below 101.65 (Jan 2005 low), and the down trend from 108.59 extended to as low as 101.41. Deeper decline to 98.00 is still possible next week....
EURUSD is moving to the next cycle top on daily chart, further rally to 1.5600 area is still possible. However, the pullback from 1.5493 suggests that next...
GBPUSD's up trend remains and the rise from 1.9361 extends to as high as 2.0391. As long as the rising price channel support holds, rise to 2.0500 to reach the...
GBPUSD's down trend resumed and dropped sharply to as low as 1.9736 level. Further fall to retest 1.9337 previous low support is still possible. Near term...
EURUSD rebounds from 1.5342 and is forming a cycle bottom on daily chart. Sideways consolidation in a range between 1.5342 and 1.5902 is expected in the next...
USDJPY formed a cycle bottom at 95.77 level on daily chart. Further rebound to 102.50 area to reach the next cycle top on daily chart is still possible in the...
EURUSD failed to test the previous high resistance at 1.5902 and pulled back from 1.5896 level. Further fall to test 1.5342 long term key support is possible,...
USDCAD broke below 1.0094 key support and formed a cycle top at 1.0326 on daily chart. The up trend from 0.9709 has completed and deeper decline to retest...
AUDUSD breaks above 0.9252 resistance and reaches as high as 0.9328. Further rally to 0.9400 area to reach the next cycle top on daily chart is still possible...
USDCHF is forming a sideways consolidation in a range between 0.9870 and 102.49. As long as 0.9870 support holds, we'd expected up trend to resume, and further...
GBPUSD break below 1.9650 previous low support and reaches as low as 1.9599. deeper decline to test 1.9337 (Jan 22 low) is now at favor. Key resistance is now...