Short Term Analysis – November 8, 2006
EURUSD EURUSD rose above 1.2797 and failed to test the resistance at 1.2829 (the day high of September 22), and a pullback towards the previous low support at 1.2677 can be expected in the next couple of...
Category: Short Term Analysis
Short Term Analysis – November 7, 2006
USDCHF USDCHF bottomed at 1.2405 on 4 hours chart, and further rise higher to test the resistance of the down trend line, drawing from 1.2768 (the day high of October 13) to 1.2704 (the day high of...
Short Term Analysis – November 6, 2006
USDCAD USDCAD topped at 1.1372 on 4 hours chart, it would form a sideways consolidation in a range between 1.1266 and 1.1372 in the next several days. The fall from 1.1372 is treated as in correction to...
Short Term Analysis – November 3, 2006
EURUSD EURUSD is testing the up trend line support, a break below this support may imply that the pair is topping on 4 hours chart, and further fall towards 1.2677 level to form a sideways consolidation can...
Short Term Analysis – November 2, 2006
EURUSD EURUSD is pulling back to test the up trend line support, a break below the trend line support may imply that the pair is topping on 4 hours chart, and further fall towards 1.2677 level can...
Short Term Analysis – November 1, 2006
GBPUSD GBPUSD is in up trend and further rise towards 1.9142 (the day high of August 8) is still possible in the next couple of days, and a sideways consolidation is needed before breaking above 1.9142. Near...
Short Term Analysis – October 31, 2006
AUDUSD The up trend of AUDUSD is limited by the top of the price channel, a slightly correction is needed before the resumption of the up trend, and further rise towards 0.7719 previous high can be expected...
Short Term Analysis – October 30, 2006
GBPUSD GBPUSD is in up trend, and more sharply rise towards 1.9072 previous high can be expected in the next couple of days. Near term support is at the up trend line, and as long as the...
Short Term Analysis – October 27, 2006
EURUSD EURUSD is in up trend, and more sharply rise towards 1.2764 previous high can be expected in the next several days. Near term support is at the up trend line, and as long as the trend...
Short Term Analysis – October 26, 2006
EURUSD EURUSD bottomed at 1.2524 on 4 hours chart, and further rise above 1.2641 previous high can be seen in the next couple of days. Near term support is at 1.2524, only break below this level may...