Short Term Analysis – February 13, 2007
USDCAD USDCAD is in down trend, further fall towards 1.1644 previous low to reach the next cycle bottom on 4 hours chart is still possible in the next several days. Near term resistance is at 1.1790 and...
Month: February 2007
Short Term Analysis – February 12, 2007
USDCAD Support at 1.1805 is broken below, USDCAD topped at 1.1874 on 4 hours chart. Further fall towards 1.1650 to reach the next cycle bottom on 4 hours chart can be expected in the next several days....
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Short Term Analysis – February 9, 2007
USDJPY The down trend line from 122.17 to 121.34 is broken above, USDJPY bottomed at 119.94 on 4 hours chart, and the correction from 122.17 ended at 119.94. Further rise towards 122.00 is possible in the next...
Short Term Analysis – February 8, 2007
USDJPY USDJPY is bottoming on 4 hours chart and is testing the down trend line resistance, a break and close above the trend line will confirm the cycle bottom. Near term resistance is at the down trend...
Short Term Analysis – February 7, 2007
USDJPY USDJPY is in down trend, further fall towards 119.50 to reach the next cycle bottom on 4 hours chart can be expected in a couple of days. Near term resistance is at the down trend line...
Short Term Analysis – February 6, 2007
USDCHF No change in our view, USDCHF will form a sideways consolidation in a range between 1.2374 and 1.2571. Key support is at 1.2374, break below this level indicate medium term bearish movement is underway, and fall...
Short Term Analysis – February 5, 2007
USDCHF USDCHF failed to test the key support at 1.2374 and rebound from 1.2382. It will form a sideways consolidation in a range between 1.2374 and 1.2571. Key support is at 1.2374, break below this level indicate...
Short Term Analysis – February 2, 2007
EURUSD Key resistance at 1.3042 is broken above, EURUSD is now in up trend, and further rise towards 1.3100 can be expected later today. Near term support is at 1.2980 level and followed by the up trend...
Short Term Analysis – February 1, 2007
EURUSD EURUSD is testing the previous high resistance at 1.3042, break above this level may signal the resumption of the up trend, and more sharply rise towards 1.3364 (the day high of Dec 8, 2006) can be...