Short Term Analysis - March 30, 2007
AUDUSD
AUDUSD formed a sideways consolidation in a range between 0.8028 and 0.8108. Fall towards 0.8000 level is still possible in the next several days, and a break below 0.8035 level will confirm such case. Near term resistance is at 0.8108, only break above this level will signal the resumption of the up trend.
EURUSD
EURUSD traded in a narrow range between 1.3253 and 1.3410. Further fall towards 1.3070 (the day low of Mar 5) can be expected in the next several days, and a break below 1.3253 level will confirm such case. Only break above 1.3410 level will signal the resumption of the up trend.
USDCAD
USDCAD formed a sideways consolidation in a range between 1.1528 and 1.1635. Further rise above 1.1635 to reach the next cycle top can be expected in the next several days. Near term support is at 1.1553 and followed by 1.1528, only break below 1.1528 level will signal the resumption of the down trend.
GBPUSD
No changed in our view, GBPUSD is topping at 1.9726 on 4 hours chart and daily chart, and a break below 1.9571 key support will confirm the cycle top. Only break above 1.9726 previous high will delay the reversal to the up trend.
USDCHF
USDCHF bottomed at 1.2082 on 4 hours chart. Further rise above 1.2227 is still possible later today. Near term support is at 1.2082, only break below this level will signal the resumption of the down trend.
USDJPY
USDJPY bottomed at 116.38 on 4 hours chart. Further rise towards 119.00 is still possible in the next several days. Near term support is at 116.38, only break below this level will delay the resumption of 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..
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!