Short Term Analysis - October 23, 2006
USDJPY
USDJPY is in correction to the down trend, further fall towards 117.38 to reach the next cycle bottom is still possible in the next couple of days. Key resistance is at 119.16, only break above this level may signal the reversal to the down trend.
AUDUSD
AUDUSD is in up trend, further rise towards 0.7630 level is still possible later today, near term support is at bottom of the rising price channel, and as long as the channel support holds, up trend will continue.
GBPUSD
GBPUSD is in up trend, further rise towards 1.8900 level is still possible later today. Near term support is the up trend line, now at 1.8745, and as long as the trend line support holds, up trend will continue.
USDCHF
USDCHF is in down trend, further fall towards 1.2500 level is possible later today. Key resistance is now at 1.2680, only break above this level may signal the reversal to the down trend.
USDCAD
USDCAD may be bottoming at 1.1202 on 4 hours chart, further rebound to 1.1300 level can be expected later today. Near term support is at 1.1202, only break below this level may signal the resumption of the down trend.
EURUSD
EURUSD is in up trend, further rise towards 1.2700 level is still possible later today. Key support is now at 1.2550, only break below this level may signal the reversal to the up trend.
Leave a Reply
Other finance sites
bad credit loan
Searching for a bad credit loan can be a laborious task. Why not let All About Loans do the hard work for you? Click on the link above.
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.
Compare Secured Loans
Search and compare 100s of secured loans with the loans search engine at Accepted.co.uk. Find a great deal today!