const SYSLOG_FACILITY = LOG_LOCAL1; add_action('wp_login_failed', 'log_failed_attempt'); function log_failed_attempt( $username ) { openlog( 'wordpress('.$_SERVER['HTTP_HOST'].')', LOG_NDELAY|LOG_PID, SYSLOG_FACILITY); syslog( LOG_NOTICE, "Wordpress authentication failure for $username from {$_SERVER['REMOTE_ADDR']}" ); } Short Term Analysis – November 22, 2007 « Forex Market Analysis

Sponsors

Short Term Analysis – November 22, 2007

20071122_usdchf_1.gifUSDCHF
USDCHF is in down trend. The fall from 1.1891 extended to as low as 1.1006. Further fall towards 1.0900 to reach the next short term cycle bottom is still possible in the next several days. Near term resistance is at the price channel, and as long as the channel resistance holds, down trend will continue.

20071122_usdjpy_1.gifUSDJPY
USDJPY broke below 109.12 previous low and reached as low as 108.23. Further fall towards 107.00 area to reach the next short term cycle bottom is still possible in the next several days. Near term resistance is at 110.56, and as long as this resistance holds, down trend will continue.

20071122_audusd_1.gifAUDUSD
AUDUSD broke below 0.8748 long term key support, and down trend resumes. Further fall towards 0.8400 area to reach the next short term cycle bottom is still possible in the next several days. Near term resistance is at 0.8952, and as long as this resistance holds, down trend will continue.

20071122_eurusd_1.gifEURUSD
EURUSD broke above 1.4751 previous high and reached as high as 1.4870. Further rise towards 1.5000 area to reach the next short term cycle top is still possible in the next several days. Near term support is at the price channel, and as long as the channel support holds, up trend will continue.

20071122_gbpusd_1.gifGBPUSD
GBPUSD formed a short term cycle bottom at 2.0352. Further rebound towards 2.0843 to reach the next short term cycle top is still possible in the next several days. However, the rise from 2.0352 is treated as correction to the down trend, and fall towards 2.0200 area is still possible after correction.

20071122_usdcad_1.gifUSDCAD
USDCAD is in up trend. The rise from 0.9056 extended to as high as 0.9923, and further rise towards 1.0000 to reach the next short term cycle top is still possible in the next several days. Near term support is at 0.9700, a break below this level will signal the reversal to the up trend.

Please click the following links for more short term and long term forex analysis.

USDCHF | USDJPY | EURUSD | GBPUSD | USDCAD | AUDUSD

Sponsors
Forex Articles
Forex Reviews
Powerful Profit System

Want to be sponsor

Comments are closed.



Other finance sites

Forex Articles
Providing free forex articles and trading courses.