Short Term Analysis – May 11, 2007
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...
Short Term Analysis – May 10, 2007
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...
Short Term Analysis – May 9, 2007
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...
Short Term Analysis – May 8, 2007
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...
Short Term Analysis – May 7, 2007
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....
Short Term Analysis – May 4, 2007
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...
Short Term Analysis – May 3, 2007
USDCADUSDCAD is in consolidation to the down trend. The rise from 1.1046 is limited by the falling price channel. One more rise towards 1.1200 level is still possible before breaking below the long term support at 1.1031...
Short Term Analysis – May 2, 2007
USDCHFKey resistance at 1.2126 is broken above, USDCHF bottomed at 1.1993 on 4 hours chart. Further rise towards 1.2250 is still possible later today. Key support is at 1.1993, only break below this level will signal the...
Short Term Analysis – May 1, 2007
USDCADUSDCAD is in down trend. The fall from 1.1825 (Mar 5 high) extended to as low as 1.1046. Sideways consolidation might be seen before breaking below the long term support at 1.1031 (Aug 31, 2006 low). Key...
Short Term Analysis – April 30, 2007
GBPUSDThe fall from 2.0132 was limited by the up trend line from 1.9212 to 1.9590, GBPUSD rebounded from 1.9864. Further rise towards 2.0132 previous high is still possible in the next several days, and a break above...