Short Term Analysis – April 27, 2007
AUDUSDAUDUSD is in correction to the medium term up trend. The rise from 1.8233 was limited by the up trend line from 0.7680 to 0.8063 and pulled back from 0.8358 level. Further fall towards 0.8200 is still...
Short Term Analysis – April 26, 2007
USDCADUSDCAD is in down trend. The fall from 1.1825 extended to as low as 1.1133, further decline towards 1.1100 is still possible in a couple of days. Near term resistance is at the down trend line from...
Short Term Analysis – April 25, 2007
USDJPYUSDJPY traded in a narrow range between 118.22 and 119.03 for 3 days. Further rise towards 119.86 previous high to reach the next cycle top on 4 hours chart can still be expected in the next several...
Short Term Analysis – April 24, 2007
USDCHFUSDCHF bottomed at 1.2001 on 4 hours chart, and further rise towards 1.2200 to reach the next cycle top on 4 hours chart can be expected in a couple of days. Near term support is at 1.2055...
Short Term Analysis – April 23, 2007
AUDUSDThe fall from 0.8392 is limited by the up trend line support, AUDUSD rebound from 0.8281. Further rise towards the key resistance at 0.8392 is still possible later today, and the key resistance will more likely be...
Short Term Analysis – April 20, 2007
GBPUSDGBPUSD is in correction to the up trend, more sideways consolidation can be expected in the next several days, and further fall below the up trend line to reach the next cycle bottom on 4 hours chart...
Short Term Analysis – April 19, 2007
AUDUSDAUDUSD is in up trend supported by the up trend line from 0.7680 to 0.8063, and reached as high as 0.8392. Further rally towards 0.8460 to reach the next cycle top on 4 hours chart is still...
Short Term Analysis – April 18, 2007
EURUSDNo changed in our view, EURUSD is in up trend supported by the rising price channel. Further rise towards 1.3668 (2004 high) is still possible in the next several days. Near term support is at the price...
Short Term Analysis – April 17, 2007
AUDUSDNo changed to our view, AUDUSD is in up trend, and further rise towards 0.8400 to reach the next cycle top on 4 hours chart is still possible in the next several days. Near term support is...
Short Term Analysis – April 13, 2007
EURUSDEURUSD is in up trend, the rise from 1.3339 extended to as high as 1.3515, further rally towards 1.3550 level is still possible later today. Near term support is at 1.3406, and followed by the up trend...