06/26/2011 21:37 UTC NZD swings lower as it weakens against the USD, JPY, EUR, GBP and CHF. Recent mid-term strength indicator reading for NZD is 6 out of 8, thus suggesting that the current swing may be...
06/26/2011 21:37 UTC AUD swings lower as it weakens against the USD, JPY, CHF, EUR and GBP. Recent mid-term strength indicator reading for AUD is 2 out of 8, thus suggesting that the current swing may be...
USDCAD remains in uptrend from 0.9669. Further rise is still possible in a couple of weeks and next target would be at 1.0000 area. Support is at 0.9669, only break below this level could indicate that the...
USDCHF continued its downward move from 0.9774, and the fall extended to as low as 0.8318. Further fall could be expected in a couple of weeks, the next target would be at 0.8000 area. Resistance remains at...
USDJPY continued its sideways movement in a range between 79.58 and 82.22. The sideways move is treated as consolidation of downtrend from 85.51. Another fall to 78.00 is expected after consolidation, and a breakdown below 79.58 will...
AUDUSD is testing 1.0440 support, below this level will target 1.0200 zone. Resistance is at 1.0650, only break above this level could indicate the fall from 1.0773 is complete, then another rise towards 1.1011 could be seen.
GBPUSD’s downward move extended to as low as 1.5938. The pair is now facing 1.5936 key support, a breakdown below this level will indicate that the long term uptrend from 1.4230 (2010 low) had completed at 1.6745...
EURUSD is forming a sideways consolidation in a range between 1.3969 and 1.4696. Lengthier consolidation in the range would likely be seen next week. Support is at 1.3969, a breakdown below this level could trigger another fall...
Please find hereafter our daily update on the majors as of June 24th 2011 (22:30 GMT). (Click on the dedicated link to access our forum post with the chart).
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