USDCAD Analysis – March 3, 2013
USDCAD’s upward movement from 0.9932 extends to as high as 1.0341. Further rise could be expected after a minor consolidation, and next target would be at 1.0500 area.
Author: ForexCycle.com
USDCHF Analysis – March 3, 2013
USDCHF breaks above 0.9388 resistance, and reaches as high as 0.9462, suggesting that the downtrend from 0.9971 had completed at 0.9021 already. Further rise is still possible and next target would be at 0.9600 area.
USDJPY Analysis – March 3, 2013
USDJPY broke below the upward trend line on daily chart, suggesting that lengthier consolidation of the uptrend from 77.14 is underway. Range trading between 90.00 and 94.54 would likely be seen over the next several days.
AUDUSD Analysis – March 3, 2013
AUDUSD remains in downtrend from 1.0597, and the fall extends to as low as 1.0182. Further decline is still possible and next target would be at 1.0000 area. Key resistance is at 1.0400, only break above this...
GBPUSD Analysis – March 3, 2013
GBPUSD continues its downward movement from 1.6339, and the fall extends to as low as 1.4986. Further decline is still possible after a minor consolidation, and next target would be at 1.4800 area.
EURUSD Analysis – March 3, 2013
EURUSD’s downward movement from 1.3711 extends to as low as 1.2966. Further decline is still possible and next target would be at 1.2800 area. Resistance is at 1.3200, only break above this level will indicate that a...
USDCAD Analysis – February 23, 2013
USDCAD broke above 1.0100 resistance and reaches as high as 1.0256, suggesting that the uptrend from 0.9815 has resumed. Further rise could be expected after a minor consolidation, and next target would be at 1.0400 area. Support...
USDCHF Analysis – February 23, 2013
USDCHF is facing the resistance of the downward trend line on daily chart, a clear break above the trend line resistance will suggest that the downtrend from 0.9971 had completed at 0.9021 already, then further rise to...
USDJPY Analysis – February 23, 2013
USDJPY stays above a upward trend line on daily chart, and remains in uptrend from 77.14, the fall from 94.43 is likely consolidation of the uptrend. Support is at the trend line, as long as the trend...
AUDUSD Analysis – February 23, 2013
AUDUSD’s fall from 1.0597 extends to as low as 1.0220. Key resistance is at 1.0400, as long as this level holds, another fall is possible next week, and next target would be at 1.0000.