EURUSD Analysis – June 9, 2013
EURUSD breaks above 1.3242 resistance, suggesting that the downtrend from 1.3711 had completed at 1.2747 already. Further rise could be expected, and next target would be at 1.3500 area.
Author: ForexCycle.com
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USDCAD Analysis – June 1, 2013
USDCAD continues its upward movement from 1.0013, and the rise extends to as high as 1.0420. Further rise is still possible next week, and next target would be at 1.0500 area.
USDCHF Analysis – June 1, 2013
USDCHF breaks below the support of the lower line of the price channel on daily chart, suggesting that the upward movement from 0.9206 had completed at 0.9838 already.
USDJPY Analysis – June 1, 2013
USDJPY’s fall from 103.73 extends to as low as 100.22. Deeper decline is still possible next week, and the target would be at 98.00 – 99.00 area.
AUDUSD Analysis – June 1, 2013
AUDUSD’s downward movement from 1.0582 extends to as low as 0.9528. Resistance is now at 0.9800, as long as this level holds, the downtrend could be expected to continue, and next target would be at 0.9400 area,...
GBPUSD Analysis – June 1, 2013
GBPUSD is facing 1.5250 resistance, a break above this level will indicate that the downtrend from 1.5605 had completed at 1.5008 already, then the following upward movement could bring price to 1.6000 zone.
EURUSD Analysis – June 1, 2013
EURUSD failed to break below 1.2747 support, and rebounded from 1.2796, suggesting that lengthier sideways movement in a range between 1.2747 and 1.3242 is underway.
USDCAD Analysis – May 25, 2013
USDCAD breaks above 1.0341 resistance, suggesting that the uptrend from 0.9632 (Sep 14, 2012 low) has resumed. Further rise could be expected, and next target would be at 1.0500 area.