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USDCAD Analysis – June 25, 2011
USDCAD remains in uptrend from 0.9669. Further rise is still possible in a couple of weeks and next target would be at 1.0000 area. Support is at 0.9669, only break below this level could indicate that the...
USDCHF Analysis – June 25, 2011
USDCHF continued its downward move from 0.9774, and the fall extended to as low as 0.8318. Further fall could be expected in a couple of weeks, the next target would be at 0.8000 area. Resistance remains at...
USDJPY Analysis – June 25, 2011
USDJPY continued its sideways movement in a range between 79.58 and 82.22. The sideways move is treated as consolidation of downtrend from 85.51. Another fall to 78.00 is expected after consolidation, and a breakdown below 79.58 will...
AUDUSD Analysis – June 25, 2011
AUDUSD is testing 1.0440 support, below this level will target 1.0200 zone. Resistance is at 1.0650, only break above this level could indicate the fall from 1.0773 is complete, then another rise towards 1.1011 could be seen.
GBPUSD Analysis – June 25, 2011
GBPUSD’s downward move extended to as low as 1.5938. The pair is now facing 1.5936 key support, a breakdown below this level will indicate that the long term uptrend from 1.4230 (2010 low) had completed at 1.6745...
EURUSD Analysis – June 25, 2011
EURUSD is forming a sideways consolidation in a range between 1.3969 and 1.4696. Lengthier consolidation in the range would likely be seen next week. Support is at 1.3969, a breakdown below this level could trigger another fall...
USDCAD Analysis – June 18, 2011
USDCAD’s rise from 0.9444 extended to as high as 0.9898. Further rise is still possible next week, and next target would be at 1.0000 area. Support is at 0.9650, only break below this level could indicate that...
USDCHF Analysis – June 18, 2011
USDCHF remains in downtrend from 0.9774, the rise from 0.8326 is treated as consolidation of downtrend. Further rally towards the downtrend line from 0.9774 to 0.9339 is possible next week, and downtrend could be expected to resume...
USDJPY Analysis – June 18, 2011
USDJPY traded in a range between 79.58 and 82.22. The price action in the range is treated as consolidation of downtrend from 85.51. Support is at 79.58, a breakdown below this level will signal resumption of downtrend,...