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 – November 23, 2012 « Forex Market Analysis

Sponsors

Daily Forex Analysis – November 23, 2012

USDCAD Analysis.
Being contained by the support of the the lower line of the price channel on 4-hour chart, USDCAD rebounds from 0.9952, suggesting that a cycle bottom is being formed. Resistance is at 0.9995, a break above this level will indicate that the uptrend from 0.9632 (Sep 14 low) has resumed, then further rise towards 1.0100 could be expected. However, as long as 0.9995 resistance holds, another fall to re-test the channel support is still possible, a clear break below the channel support will indicate that the uptrend from 0.9632 has completed at 1.0055 already, then deeper decline to test 0.9874 key support could be seen.

20121123_usdcad_1

AUDUSD Analysis.
No changed in our view, AUDUSD remains in uptrend from 1.0287, the fall from 1.0423 is treated as consolidation of the uptrend. Another rise could be expected after consolidation, and next target would be at 1.0550 area. Key support is at 1.0287, only break below this level could trigger another fall towards 1.0200.

20121123_audusd_1

EURUSD Analysis.
EURUSD’s upward movement from 1.2661 extends to as high as 1.2898. Further rise is still possible, and next target would be at 1.3000 area. Support is now located at the upward trend line on 4-hour chart, only a clear break below the trend line could signal completion of the uptrend.

20121123_eurusd_1

GBPUSD Analysis.
GBPUSD remains in uptrend from 1.5827, and the rise extends to as high as 1.5978. Further rise is still possible and next target would be at 1.6050 area. Support is now at the upward trend line on 4-hour chart, only a clear break below the trend line could signal completion of the uptrend.

20121123_gbpusd_1

USDJPY Analysis.
USDJPY continues its upward movement from 79.07 and the rise extends to as high as 82.83. Further rise is still possible after a minor consolidation and next target would be at 83.50 area. Support is now at 82.00, as long as this level holds, the uptrend will continue.

20121123_usdjpy_1

USDCHF Analysis.
USDCHF’s downtrend from 0.9511 extends to as low as 0.9337. Further decline is still possible and next target would be at 0.9250 area. Resistance is now located at the downward trend line on 4-hour chart, only a clear break above the trend line could signal completion of the downtrend.

20121123_usdchf_1

Comments are closed.



Other finance sites

Forex Articles
Providing free forex articles and trading courses.