USDCAD is now in downtrend from 0.9912. Further fall to test 0.9444 previous low support could be expected next week, a breakdown below this level will indicate that the long term downtrend from 1.0852 (2010 high) has...
USDCHF stays below a downtrend line from 0.9774 to 0.9339, and remains in downtrend from 0.9774, the price action from 0.8326 is treated as consolidation of downtrend. Further fall to test 0.8275 previous low support could be...
USDJPY might be forming a cycle top at 81.47 on daily chart. Deeper decline to test 79.57 key support would likely be seen next week, a breakdown below this level will indicate that the downtrend from 85.51...
AUDUSD had formed a cycle bottom at 1.0390 on daily chart. The rise from 1.0390 is likely resumption of long term uptrend from 0.8066 (2010 low). Further rise to test 1.1011 previous high resistance is expected next...
GBPUSD remains in downtrend from 1.6745, the rise from 1.5912 is treated as consolidation of downtrend. Further decline could be expected after consolidation, and a breakdown below 1.5912 could signal resumption of downtrend. Resistance levels are at...
EURUSD moved sideways in a range between 1.3969 and 1.4696 for several weeks. Lengthier consolidation in the range is still possible next week. The price action in the range would possibly be consolidation of downtrend from 1.4939,...
07/08/2011 12:51 UTC USD swings lower as it weakens against the EUR, GBP, JPY, CHF and NZD. Recent mid-term strength indicator reading for USD is 3 out of 8, thus suggesting that the current swing may be...
07/08/2011 12:32 UTC AUD swings lower as it weakens against the USD, JPY, NZD, CHF and GBP. Recent mid-term strength indicator reading for AUD is 6 out of 8, thus suggesting that the current swing may be...
07/08/2011 12:32 UTC CHF swings higher as it strengthens against the AUD, CAD, EUR, GBP and NZD. Recent mid-term strength indicator reading for CHF is 5 out of 8, thus suggesting that the current swing may be...
07/08/2011 12:31 UTC GBP swings higher as it strengthens against the EUR, CHF, NZD, CAD and AUD. Recent mid-term strength indicator reading for GBP is 1 out of 8, thus suggesting that the current swing may be...
