Month: August 2007

EURUSDEURUSD formed a sideways consolidation in a range between 1.3562 and 1.3684. Further rise towards 1.3750 is now in favor. Near term support is at 1.3590 and followed by 1.3562, a break below 1.3562 level will signal...

USDCADUSDCAD bottomed at 1.0469 on 4 hours chart, the rise from 1.0469 extended to as high as 1.0676. Further rise towards 1.0866 previous high is expected and a break above 1.0690 will signal the resumption of the...

USDCHF is in correction to the up trend. The fall from 1.2214 extended to as low as 1.1959, and the correction might be completed at this level. Up trend will resume after correction, and a break above...

GBPUSDGBPUSD is in up trend, the fall from 2.0191 is treated as consolidation to the up trend, and further rise towards 2.0462 (Aug 6 high) to reach the next cycle top on 4 hours chart is expected...

GBPUSDGBPUSD break above the down trend line from 2.0652 (Jul 24 high) to 2.0462 (Aug 6 high), further rise towards 2.0462 to reach the next cycle top on 4 hours chart is expected. Near term support is...

EURUSDEURUSD broke above 1.3545 previous high and reached as high as 1.3587. Key support is now at 1.3535, a break below this level will signal the resumption of the down trend. Near term resistance is at 1.3587,...

EURUSD rebounded from the up trend line from 1.1825 (Feb 2006 low) to 1.2483 (Oct 2006 low), sideways consolidation will be formed in a range between 1.3360 and 1.3545. Further fall towards 1.3262 previous low is expected...

USDCADUSDCAD is in up trend. The fall from 1.0866 is treated as correction to the up trend, and further fall towards 1.0461 to reach the next cycle bottom on 4 hours chart is still possible later today....

USDCHFUSDCHF is in up trend, the fall from 1.2214 is treated as correction to the up trend, rise towards 1.2400 is still possible after correction, and a break above 1.2214 will signal the resumption of the up...