Month: May 2007

USDCHFUSDCHF broke above 1.2223 and bottomed at 1.2125 on 4 hours chart. Near term support is at the bottom of the price channel, and key support is at 1.2125, only break below the key support will signal...

GBPUSDGBPUSD broke above previous high resistance at 1.9846, lengthy consolidation can be expected, and further rise to the down trend line from 2.0073 to 1.9999 to reach the next cycle top on 4 hurs chart is still...

USDCADUSDCAD broke below the up trend line support, further fall to test the previous low support at 1.1004 is sill possible later today, and a break below this level will signal the resumption of the down trend....

USDCADUSDCAD bottomed at 1.004 on 4 hours chart. The rise from 1.1004 extended to as high as 1.1167, and the key resistance at 1.1142 is broken above. The pair is now in up trend, and further rise...

AUDUSD AUDUSD topped at 0.8334 on 4 hours chart, further fall towards 0.8170 previous low can be expected in a couple of days. The pair in a sideways consolidation to the up trend and will move without...

USDCAD USDCAD broke above the price channel resistance and reached as high as 1.1092. Lengthy consolidation can be expected in a couple of days. Key resistance is at 1.1142, a break above this level will signal the...

USDJPY USDJPY is in up trend. The fall from 120.46 was limited by the price channel, and the pair rebounded from 119.52. Further rise above 120.46 can be expected in a couple days. Near term support is...

USDJPYNo changed in our view, USDJPY is in up trend. The fall from 120.46 extended to as low as 119.78, and rebounded from the up trend line from 117.59 to 119.06. Near term support is at the...

EURUSDEURUSD broke below this previous low support at 1.3540. The pair is now in down trend. Further fall towards fall towards 1.3400 can be expected after consolidation, and a break below 1.3535 level will confirm such case....

USDCHFUSDCHF is in consolidation to the up trend. The fall from 1.2188 is limited by the up trend line from 1.2004 to 1.2050. Further rise towards 1.2250 can still be expected in the next several days. Near...