Short Term Analysis – November 14, 2006
AUDUSD Support at 0.7644 is broken below, AUDUSD is now in down trend, and further fall to test 0.7558 previous low support is possible in the next several days. Near term resistance is at the down trend...
Month: November 2006
Short Term Analysis – November 13, 2006
GBPUSD The previous high resistance at 1.9135 is broken above, and the up trend of GBPUSD resumes. Further rise towards 1.9300 level to reach the next cycle top on 4 hours chart is possible in the next...
Short Term Analysis – November 10, 2006
USDJPY USDJPY is topping at 118.58 on 4 hours chart, key support is at 117.24, a break below this level may confirm the cycle top, and further fall towards 116.57 previous low can be expected after the...
Short Term Analysis – November 9, 2006
USDCAD USDCAD is in correction to the up trend, and further fall below 1.1254 to reach the next cycle bottom can be seen in the next several days. Near term support is at 1.1254 and follow by...
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...
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...