USDCAD Weekly Analysis – January 10, 2015
USDCAD stays above the upward trend line on daily chart, and remains in uptrend from 1.0619 (Jul 3, 2014 low), and the rise extended to as high as 1.1889. Further rise could be expected after a minor...
Category: Long Term Forex Analysis
USDCHF Weekly Analysis – January 10, 2015
USDCHF remains in uptrend from 0.8703 (May 8, 2014 low), and the rise extended to as high as 1.0216. Further rise could be expected after a minor consolidation, and next target would be at 105.00 area. Near...
USDJPY Weekly Analysis – January 10, 2015
USDJPY failed to break above 121.84 resistance and stayed in the trading range between 115.56 and 121.84. Sideways movement could be expected to continue in a couple of weeks. However, as long as 115.56 support holds, the...
AUDUSD Weekly Analysis – January 10, 2015
AUDUSD remains in downtrend from 0.9504 (Jul 1, 2014 high), and the fall extended to as low as 0.8032. Resistance is at the downward trend line on daily chart, as long as the trend line resistance holds,...
GBPUSD Weekly Analysis – January 10, 2015
GBPUSD continued its downward movement from 1.7190 (Jul 15, 2014 high), and the fall extended to as low as 1.5034. Further decline could be expected after a minor consolidation, and next target would be at 1.4500 area....
EURUSD Weekly Analysis – January 10, 2015
EURUSD’s downward movement from 1.3993 (May 8, 2014 high) extended to as low as 1.1754. Near term resistance is at 1.2000, as long as this level holds, the downtrend could be expected to continue, and next target...
USDCAD Weekly Analysis – January 4, 2015
USDCAD continued its upward movement from 1.0619 (Jul 3, 2014 low), and the rise extended to as high as 1.1785. Further rise could be expected, and next target would be at 1.2500 area. Key support is located...
USDCHF Weekly Analysis – January 4, 2015
USDCHF’s upward movement from 0.8703 (May 8, 2014 low) extended to as high as 1.0016. Further rise could be expected over the next several weeks, and next target would be at 105.00 area. Key support is located...
USDJPY Weekly Analysis – January 4, 2015
USDJPY is testing 121.84 resistance, a clear break above this level will indicate that the uptrend from 101.06 (Jul 10, 2014 low) has resumed, then next target would be at 130.00 area. Key support is at 115.56,...
AUDUSD Weekly Analysis – January 4, 2015
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.9504 (Jul 1, 2014 high). As long as the trend line resistance holds, the downtrend could be expected to continue, and next...