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...
EURUSD's up trend remains and the pullback from 1.5983 is treated as correction to the up trend. Further rise to 1.6100 area to reach the next cycle top on...
AUDUSD breaks above 0.9496 previous high. Further rise to 0.9600 area to reach the next cycle top on daily chart is still possible in the next several days....
EURUSD broke below the ascending triangle pattern and reached as low as 1.5539. Further fall to 1.5400 area to reach the next cycle bottom on daily chart is...
EURUSD is testing 1.5342 key support, consolidation will more likely be seen before breaking below this level, and rebound to 1.5650 area is expected. Key...
USDJPY's up trend remains and the pullback from 105.70 is treated as consolidation to the up trend. Further rise to 108.00 area is still possible after...
Being supported by the key support at 0.8682 level, AUDUSD rebounded from 0.8699 level. Further rise towards 0.9398 is still possible, and a break above 0.9018...
USDJPY is forming a cycle bottom at 102.58 on daily chart. The rise from 102.58 is treated as resumption of the up trend. Further rise towards 108.00 to reach...
AUDUSD breaks above 0.9541 previous high and up trend from 0.8953 resumes. Further rise to 1.0000 is now in favor. Initial support is at the up trend line and...
USDCHF broke below the key support at 1.0388 and formed a cycle top at 1.0623 on daily chart. Deeper decline to retest 0.9870 is expected in the next few days....
GBPUSD is forming a sideways consolidation in a range between 1.9337 (Jan 22 low) and 2.0391. Further rally is expected to test 2.0029 resistance. Key support...
EURUSD is moving to the next cycle top on daily chart. Further rise to test 1.6019 previous high resistance is still possible after consolidation. As long as...
EURUSD dropped sharply from 1.5818 and formed a cycle top on daily chart. The fall from 1.5818 could possibly be resumption of the long term down trend....
Short Term Forex Analysis has been updated on our blog. Please click the link below to get the free report. http://blog.forexcycle.com For more Free Forex...
EURUSD is in down trend, and the fall from 1.5818 extends to as low as 1.5410. Deeper decline could be seen to test 1.5284 previous low support in a couple of...
USDCAD formed a cycle bottom at 0.9818 on daily chart. Sideways consolidation from 1.0378 (Jan 22 high) has completed and up trend has resumed. Further rise...