Month: March 2013

USDCAD Analysis. USDCAD may be forming a cycle bottom at 1.0180 on 4-hour chart. Further rise towards 1.0341 previous high would likely be seen in a couple of days. Key support is now at 1.0180, as long...

USDCHF Analysis. USDCHF’s upward movement from 0.9021 extends to as high as 0.9567. Key support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the fall from 0.9567...

USDJPY Analysis. USDJPY stays above a upward trend line on 4-hour chart, and remains in uptrend from 90.93, the fall from 96.70 is treated as consolidation of the uptrend. As long as the trend line support holds,...

USDCHF Analysis. USDCHF’s fall from 0.9552 extends to as low as 0.9436. However, the fall is likely consolidation of the uptrend from 0.9021. Key support is located at the upward trend line on 4-hour chart, as long...

USDCAD Analysis. USDCAD stays in a trading range between 1.0216 and 1.0341. Support is at 1.0216, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from...

USDCAD Analysis. USDCAD breaks below the lower line of the price channel on 4-hour chart, suggesting that lengthier consolidation of the uptrend from 0.9932 is underway. Range trading between 1.0216 and 1.0341 could be expected to continue...

USDCAD Analysis. USDCAD failed to break above 1.0341 resistance and stays in a trading range between 1.0216 and 1.0341. Key support is at 1.0216, as long as this level holds, the price action in the range could...