Month: August 2007

USDCHFUSDCHF is in up trend. Further rise towards 1.2400 to reach the next cycle top on 4 hours chart is expected in the next several days. Near term support is at the price channel, and as long...

USDCHFUSDCHF broke above 1.2163 (July 25 high). The pair is now in up trend. Further rise towards 1.2400 is expected in the next several days. Near term support is at the up trend line, and as long...

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USDCHFUSDCHF is in correction to the down trend. the rise from 1.1816 extended to as high as 1.2068, further rise towards 1.2080 area to reach the next cycle top is still possible later today, and the next...

USDJPYUSDJPY is in consolidation to the down trend. further fall below 117.15 previous low to reach the next cycle bottom on 4 hours chart is still possible in a couple of days. Near term resistance is at...

GBPUSDGBPUSD is bottoming at 2.0156 on 4 hours chart, key resistance is at 2.0462, a break above this level will confirm the cycle bottom, and rise towards 2.0652 (July high) is expected to follow. Near term support...

USDJPYKey resistance at 119.47 is broken above, USDJPY bottomed at 117.15 on 4 hours chart. 119.70 area is the resistance of the price channel, rise above this area will confirm the resumption of the up trend, and...

USDCADUSDCAD is in correction to the up trend. Further fall towards 1.0450 area to reach the next cycle bottom on 4 hours chart is still possible in the next several days. On the other side, USDCAD can...

USDJPYUSDJPY is in down trend, the rise from 117.15 is treated as consolidation to the down trend, and further fall towards 116.00 area to reach the next cycle bottom on 4 hours chart is still possible in...

USDJPYAs expected, USDJPY broke below the previous low support at 117.57. Further fall towards 116.00 area is still possible in the next several days. Near term resistance is at 118.50, only rise above this level will signal...