EURUSD fall from 1.3333 and continued to 1.2663. Suggesting consolidation to 1.3040 is possible for next week. Break of 1.0340 will result in 1.3368 or more. But if continue decline it would give target 1.2644, and even possible towards to area 1.2200
GBPUSD
GBPUSD got resistance level at 1.5553. Deeper decline is still possible next week and target would be at 1.5300-1.5400 area. But if be there a strong impulse and break above 1.5400 area it could towards to area 1.6000 continue consolidation of uptrend from 1.4230
USDCHF
USDCHF broke bellow 1.0331 support , the fall from 1.1730 extends to as low as 1.0257. Deeper decline is still possible next week. next target would be at 1.0200 area, only break above 1.0675 will indicate that the fall from 1.1730 is complete.
USDJPY
USDJPY may be forming a cycle bottom at 84.89 level . Then the following upward movement could bring price to 87.00 - 90.00 area. Support is at 85.59, only break below this level could trigger another fall to 82.00 zone.
USDCAD
USDCAD continues its upward movement and the rise from 1.0107 extends to as high as 1.0512. Further rise is still possible next week and next target would be at 1.0783 resistance. Support is now at the uptrend line about 1.0400, as long as the trend line support holds, uptrend will continue.
AUDUSD
AUDUSD remains in uptrend from 0.8066 and the fall from 0.9221 is more likely consolidation of uptrend. Deeper decline to 0.8300 area to reach next cycle bottom on daily chart is expected next week. Key resistance is at 0.8958, a break above this level will indicate that a cycle bottom has been formed, then another rise towards 0.9849 could be seen.
No comments:
Post a Comment