USD/CAD Analysis (October 09)
The pair continues to be well bid above parity despite the recent choppy price actions.
Month: October 2011
USD/CHF Analysis (October 09)
The pair continues to trade higher and confirms its bullish outlook with a main target at parity.
USD/JPY Analysis (October 09)
The pair continues to trade flat above the key 76,00 level.
GBP/USD Analysis (October 09)
The pair has bounced on top of the 1,53 level tested for the second time in 3 weeks.
EUR/USD Analysis (October 09)
The pair has found some support on top of the 1,3150 level in the beginning of the week, testing the 1,35 handle on friday.
USDCAD Analysis – October 8, 2011
USDCAD has formed a cycle top at 1.0656 on daily chart. Consolidation of uptrend from 0.9406 could be seen in a couple of weeks, and the trading range would be between 1.0200 and 1.0656. Key resistance is...
USDCHF Analysis – October 8, 2011
USDCHF continued its upward movement from 0.7067, and the rise extended to as high as 0.9314. Further rise is still possible next week, and next target would be at 0.9500 area. Support remains at the uptrend line...
USDJPY Analysis – October 8, 2011
USDJPY moved sideways in a narrow range between 75.96 and 77.85 for several weeks. Key resistance is at 77.85, as long as this level holds, the price action in the range is treated as consolidation of downtrend...
AUDUSD Analysis – October 8, 2011
AUDUSD remains in downtrend from 1.0764 and the fall extended to as low as 0.9390. Key resistance is now at 0.9984, as long as this level holds, downtrend could be expected to resume, and another fall towards...
GBPUSD Analysis – October 8, 2011
GBPUSD is in downtrend from 1.6617, the price action started from 1.5327 is treated as consolidation of downtrend. Initial resistance is at 1.5715, as long as this level hoods, we’d expect downtrend to resume in early part...