Short Term Analysis – December 15, 2006
USDJPY USDJPY is moving higher to reach the next cycle top on 4 hours chart, and the cycle top would be coming soon. Near term support is at the up trend line, and key support is at...
Short Term Analysis – December 14, 2006
GBPUSD GBPUSD is bottoming at 1.9463 on 4 hours chart, key resistance is at 1.9728, a break above this level may confirm the cycle bottom, and further rise towards 1.9846 previous high is still possible in next...
Short Term Analysis – December 13, 2006
GBPUSD GBPUSD is testing the key resistance at 1.9728, a break above this level may label the cycle bottom at 1.9463 on 4 hours chart, and further rise above 1.9846 previous high is possible in the next...
Short Term Analysis – December 12, 2006
GBPUSD GBPUSD rebound from 1.9463, slightly above 38.2% retracement of 1.8834 to 1.9046. The pair may be bottoming on 4 hours chart, key resistance is at 1.9728, and a break above this level may confirm the cycle...
Short Term Analysis – December 11, 2006
USDJPY USDJPY is moving higher to test the price channel resistance at 117.00, and down trend would resume after touching this level. On the other side, if 117.00 gives way, more sharply rise towards 117.50 can be...
Short Term Analysis – December 8, 2006
USDJPY USDJPY is testing the resistance of the down trend line. The pair may be bottoming at 114.41 on 4 hours chart, key resistance is now at 115.36, a break above this level may confirm the cycle...
Short Term Analysis – December 7, 2006
AUDUSD AUDUSD is in correction to the up trend, and f further fall towards 0.7820 level is still possible in a couple of days. Key resistance is at 0.7925, a break above this level may signal the...
Short Term Analysis – December 6, 2006
AUDUSD Key support at 0.7847 is broken below, AUDUSD topped at 0.7925 on 4 hours chart. Further fall towards 0.7820 level is still possible in a couple of days. Key resistance is now at 0.7925, a break...
Short Term Analysis – December 5, 2006
EURUSD No change in our view, EURUSD stays in the rising price channel and the bias remains bullish. Further rise towards 1.3400 level can be expected later today. Near term support comes at 1.3219, as long as...
Short Term Analysis – December 4, 2006
EURUSD EURUSD stays in the rising price channel and is in up trend. More sharply rise towards 1.3500 level can be expected in the next several days. Near term support is at the price channel, and up...