Short Term Analysis – October 25, 2006
USDCHF USDCHF is in down trend, the rise from 1.2548 is treated as in correction to the down trend, and further rise above 1.2704 to reach the next cycle top is still possible in the next couple...
Category: Short Term Analysis
Short Term Analysis – October 24, 2006
USDCHF USDCHF bottomed at 1.2548 on 4 hours chart, and further rise towards 1.2739 previous high to reach the next cycle top is possible in the next couple of days. On the other side, the rebound from...
Short Term Analysis – October 23, 2006
USDJPY USDJPY is in correction to the down trend, further fall towards 117.38 to reach the next cycle bottom is still possible in the next couple of days. Key resistance is at 119.16, only break above this...
Short Term Analysis – October 20, 2006
AUDUSD AUDUSD is in up trend, more sharply rise towards 0.7650 can be expected in the next several days. Near term support is at the up trend line, as long as the trend line support holds, up...
Short Term Analysis – October 19, 2006
AUDUSD AUDUSD is in up trend, further rise towards 0.7577 to reach the next cycle top is possible in the next couple of days. Near term support is at the up trend line, break below the trend...
Short Term Analysis – October 18, 2006
USDCHF Key support at 1.2665 is broken below, USDCHF topped at 1.2768 on 4 hours chart. Further fall below the up trend line support is still possible later today. Key resistance is at 1.2768, only beak above...
Short Term Analysis – October 16, 2006
USDJPY USDJPY is moving higher to the next cycle top on 4 hours chart and the cycle top is nearing, a slightly pullback below 119.06 level can be expected in the next couple of days. Key support...
Short Term Analysis – October 13, 2006
USDJPY USDJPY is topping on 4 hours chart, further fall lower to test the up trend line support is possible in the next several days. Now the pair is treated as in correction to the up trend,...
Short Term Analysis – October 12, 2006
EURUSD EURUSD is in down trend, further fall lower to test the previous low support at 1.2457 is possible later today. On the other side, the pair is oversold, correction is needed immediately before the resumption of...
Short Term Analysis – October 11, 2006
EURUSD EURUSD is in down trend, and further fall towards 1.2500 level is possible in the next couple of days. On the other side, the RSI is lower than 25 level, a slightly correction is needed immediately...