EURUSD Analysis – September 28, 2013
EURUSD stays above a upward trend line on daily chart, and remains in uptrend from 1.2756. Further rise could be expected after a minor consolidation, and next target would be at 1.3750 area.
Author: ForexCycle.com
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USDCAD Analysis – September 21, 2013
USDCAD’s downward movement extended to as low as 1.0182. Further decline is still possible, and next target would be at 1.0000 area. Resistance is at 1.0420, only break above this level could trigger another rise towards 1.0750.
USDCHF Analysis – September 21, 2013
USDCHF broke below 0.9130 support, suggesting that the downtrend from 0.9751 has resumed. Further decline is still possible after a minor consolidation, and next target would be at 0.8800 area.
USDJPY Analysis – September 21, 2013
USDJPY continues its sideways movement in a range between 93.79 and 103.73. The price action in the range is likely consolidation of the uptrend from 75.57 (Oct 31, 2011 low). As long as 93.79 key support holds,...
AUDUSD Analysis – September 21, 2013
AUDUSD broke above 0.9344 key resistance, suggesting that the downtrend from 1.0582 had completed at 0.8847 already. Further rally would be expected next week, and next target would be at 0.9800 area.
GBPUSD Analysis – September 21, 2013
GBPUSD stays above a upward trend line on daily chart, and remains in uptrend from 1.4813. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
EURUSD Analysis – September 21, 2013
EURUSD broke above 1.3451 resistance, suggesting that the uptrend from 1.2756 has resumed. Further rise could be expected, and next target would be at 1.3750 area. Support is now located at the upward trend line on daily...
USDCAD Analysis – September 15, 2013
USDCAD’s downward movement from 1.0568 extended to as low as 1.0305. Further decline would likely be seen and next target would be at 1.0200 area. Resistance is at 1.0420, only break above this level could trigger another...
USDCHF Analysis – September 15, 2013
USDCHF remains in downtrend from 0.9751, the rise from 0.9147 is likely consolidation of the downtrend. Another fall to test 0.9130 support would likely be seen, a breakdown below this level will signal resumption of the downtrend.