USD: Mixed, UAE central bank provides liquidity to Dubai, Chicago PMI beats expectations, stocks mixed JPY: Higher, Japanese government pledges to take action against JPY rise EUR: Mixed, EU CPI rises for the first time in seven months CHF:...Read More>>

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After touching the lower border of the falling price channel on daily chart, USDCHF rebounded from 1.0032, suggesting a cycle bottom is being formed, further rise towards 1.0452 key resistance is expected, a break above this level will indi...Read More>>

After touching the upper border of the rising price channel on daily chart, AUDUSD pulled back from 0.9326, suggesting that a cycle top has been formed. Range trading between 0.8567 and 0.9326 is expected. Key support is now located at 0.85...Read More>>

GBPUSD might be forming a cycle top at 1.6692 level on daily chart, key support is now located at 1.6251, a breakdown below this level will confirm the cycle top, then another fall could be seen to test 1.5708 previous low support. However,...Read More>>

Being contained by the upper border of the rising price channel on daily chart, EURUSD pulled back from 1.5062, suggesting that a cycle top is being formed. Further fall towards the bottom of the price channel is expected next week, a clear...Read More>>

USDCAD remains in downtrend from 1.1723 and the rise from 1.0206 is more likely consolidation of downtrend. Range trading between 1.0206 and 1.0700 is expected. Another fall is still possible after consolidation and a break below 1.0206 wil...Read More>>

No changed in our view, USDCHF stays in the falling price channel and continues its downward trend from 1.1021. Deeper decline remains in favor and next target would be at 0.9800-0.9900 area. Resistance is now at 1.0230, as long as this lev...Read More>>

USDJPY has formed a cycle bottom at 88.01 level on daily chart. Further rise is now in favor and next target would be at the upper border of the price channel on daily chart, a clear break above the channel resistance will confirm that the...Read More>>

AUDUSD has reached the upper border of the rising price channel on daily chart. Minor consolidation would more likely be seen in next several days. However, uptrend is expected to continue after consolidation and 0.9500 remains the possible...Read More>>