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']}" ); } Daily Forex Analysis – January 30, 2012 « Forex Market Analysis

Sponsors

Daily Forex Analysis – January 30, 2012

AUDUSD Analysis.
Being contained by the upper line of the price channel on 4-hour chart, AUDUSD pulled back from 1.0687, suggesting that a cycle top is being formed. Deeper decline towards the lower line of the channel would likely be seen in a couple of days. As long as the channel support holds, the fall could be treated as consolidation of uptrend from 0.9861, another rise towards 1.0900 is still possible after consolidation, and a break above 1.0687 will signal resumption of uptrend.

20120130_audusd_1

USDCHF Analysis.
USDCHF continued its downward movement last Friday, and the fall extended to as low as 0.9114. Resistance remains at the downward trend line on 4-hour chart, as long as the trend line resistance holds, downtrend could be expected to continue after a minor consolidation, and next target would be at 0.9000 area, only a clear break above the trend line could indicate that lengthier consolidation of downtrend is underway.

20120130_usdchf_1

USDJPY Analysis.
USDJPY’s downward movement had extended to as low as 76.64, and the pair is now facing 76.55 support, below this level will target 76.00 area. Resistance is at 77.00, only break above this level could indicate that a cycle bottom is being formed on 4-hour chart.

20120130_usdjpy_1

EURUSD Analysis.
EURUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.2624, and the rise extended to as high as 1.3233. Further rise is still possible after a minor consolidation, and next target would be at 1.3300 area, only a clear break below the trend line could signal completion of the uptrend.

20120130_eurusd_1

USDCAD Analysis.
USDCAD remains in downtrend from 1.0318, the price action from 0.9981 is treated as consolidation of downtrend. Resistance is at the downward trend line of 4-hour chart, as long as the trend line resistance holds, downtrend could be expected to resume, and another fall towards 0.9900 is still possible.

20120130_usdcad_1

GBPUSD Analysis.
GBPUSD’s upward movement from 1.5236 extended to as low as 1.5739. Support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, uptrend could be expected to continue, and next target would be at 1.5800 area, only a clear break below the trend line could signal completion of the uptrend.

20120130_gbpusd_1

Comments are closed.



Other finance sites

Forex Articles
Providing free forex articles and trading courses.