Short Term Analysis - September 19, 2006
Subscribe our Short Term Analysis at $19.95/mo
You can subscribe our Short Term Analysis at $19.95 per month before the end of September 2006.
AUDUSD
AUDUSD is in correction to the down trend and further rise to 0.7573 and 0.7601 Fibonacci retracement level to reach the next cycle top is still possible in the next one or two days. Key support is now at 0.7503, a break below this level may signal the resumption of the down tend and fall towards 0.7400 level can be expected.
USDCHF
USDCHF is testing the price channel support, if this support gives way, further fall to test the key support at 1.2433 can be seen, and the up trend from 1.2226 will end after breaking below the key support. On the other side, the fall from 1.2621 is treated as in correction to the up trend before breaking below the 1.2433 key support, rebound from the price channel support is still possible later today.
USDCAD
USDCAD is forming a sideways consolidation to the up trend, and it is bottoming on 4 hours chart, further rise above 1.1234 level can be expected in next one or two days, and up trend would resume after breaking above this level.
EURUSD
EURUSD rebounded from 1.2630 low, it would move higher to test the key resistance at 1.2752, and up trend would resume after breaking above this level. On the other side, the pair is treated in correction to the up trend before breaking above 1.2752 key resistance, further fall below 1.2630 towards 1.2559 previous low is still possible in the next several days.
USDJPY
The resistance at 118.14 is broken above, USDJPY is in up trend, and as long as the up trend line support holds, up trend will continue.
GBPUSD
GBPUSD is treated in correction to the up trend, and further rise above 1.8918 can be expected after this correction. Near term support is at 1.8735, the pair may swing without trend in a range between 1.8735 and 1.8918 in the next couple of days.
Leave a Reply
Other finance sites
Loans
All About Loans is designed to help you get the best loan available at the lowest interest rate possible. Apply for your loan online and receive a free quote.
Debt Management
Debt Management is a system which decides how much an individual or family can afford to pay their creditors each month.
bridging loan
National Credit specialists in bridging loads and credit, clear lending rates and great fast service. Easy loan application.
Bankruptcy Information
Do you need bankruptcy information. Our aim is to find the best way for our clients to avoid bankruptcy.
IVA Info
Need info about an IVA? See IVA Info UK. Free help advice and information on debt and IVA related issues.
Car Insurance
Check out this site for a comparison of car insurance rates..
Debt
Have you been struggling with mounting debt? There are a range of options for you to consider. Find out more online at The Debt Clinic.
Secured Loans In Uk
Visit this free resource site for all you need to know about secured loans.
Umbrella Companies
Great choice of Umbrella Companies from the UK`s premier company.
