Short Term Analysis - October 30, 2006
GBPUSD
GBPUSD is in up trend, and more sharply rise towards 1.9072 previous high can be expected in the next couple of days. Near term support is at the up trend line, and as long as the trend line support holds, up trend will continue. Key support is at 1.8869, only break below this level may delay the resumption of the up trend.
EURUSD
EURUSD is in up trend, and more sharply rise towards 1.2800 level can be expected in the next couple of days. Near term support is at the up trend line, and as long as the trend line support holds, up trend will continue. Key support is at 1.2662, only break below this level may delay the resumption of the up trend.
USDCAD
Key support at 1.1202 is broken below, and USDCAD is now in down trend, and further fall towards 1.1150 is can be expected in the next couple of days. Near term resistance is at the down trend line, only break above the trend line resistance may delay the resumption of the down trend.
USDCHF
USDCHF is in down trend and more sharply fall towards 1.2404 previous low can be expected in the next couple of days. Near term resistance is at the down trend line, and as long as the trend line resistance holds, down trend will continue. Key resistance is at 1.2570, only break above this level may signal the reversal to the down trend.
USDJPY
USDJPY is in down trend and more sharply fall towards 116.50 can be expected in the next couple of days. Near term resistance is at the down trend line, and as long as the trend line resistance holds, down trend will continue. Key resistance is at 118.71, only break above this level may signal the reversal to the down trend.
AUDUSD
AUDUSD is in up trend, and more sharply rise towards 0.7719 previous high can be expected in the next couple of days. Near term support is at bottom of the rising price channel, and as long as the channel support holds, up trend will continue. Key support is at 0.7610, only break below this level may delay the resumption of the up trend.
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.
