USDJPY Analysis – April 30, 2011
USDJPY continued its downward move from 85.51 and the fall extended to as low as 81.03. Deeper decline is still possible next week, and next target would be at 80.00 area. Resistance is at 82.75, only break...
Category: Long Term Forex Analysis
AUDUSD Analysis – April 30, 2011
AUDUSD’s bullish movement extended further to as high as 1.0976. Support is at 1.0750, as long as this level holds, uptrend from 0.9704 could be expected to continue and next target would be at 1.1200 area.
GBPUSD Analysis – April 30, 2011
GBPUSD is in uptrend from 1.5936, and the rise extended to as high as 1.6745. Further rise could be expected next week and next target would be at 1.7000 area. Support is at 1.6600, as long as...
EURUSD Analysis – April 30, 2011
EURUSD stays above a trend line from 1.3428 to 1.4157, and remains in uptrend. Further rise is still possible next week, and next target would be at 1.5000 area. Support is at 1.4650, followed by the trend...
USDCAD Analysis – April 23, 2011
USDCAD’s bearish movement extended to as low as 0.9453. Resistance is at the falling trend line on daily chart, as long as the trend line resistance holds, downtrend could be expected to continue, and next target would...
USDCHF Analysis – April 23, 2011
USDCHF remains in downtrend from 1.1730 (Jun 1, 2010 high), and the fall extended to as low as 0.8780. Further fall could be expected in a couple of weeks and next target would be at 0.8500 area....
USDJPY Analysis – April 23, 2011
USDJPY is now in downtrend from 85.51. Deeper decline is still possible in a couple of week, and the target would be at 80.00 area. Resistance is at 83.15, as long as this level holds, downtrend will...
AUDUSD Analysis – April 23, 2011
AUDUSD continued its upward move from 0.9704, and the rise extended to as high as 1.0774. Further rise is still possible in a couple of weeks, and next target would be at 1.1000 zone. Support is at...
GBPUSD Analysis – April 23, 2011
GBPUSD’s upward move from 1.5936 extended to as high as 1.6598. Further rise could be expected in a couple of weeks and next target would be at 1.6800-1.6900 area. Support is at the uptrend line on daily...
EURUSD Analysis – April 23, 2011
After a minor consolidation, EURUSD continued its bullish movement, and the rise from 1.2874 extended to as high as 1.4648. Support is at the rising trend line on daily chart, as long as the trend line support...