USDCAD Analysis – June 9, 2013
USDCAD breaks below 1.0250 support, suggesting hat the uptrend from 1.0013 had completed at 1.0420 already. Further decline could be expected, and next target would be at 1.0050 area.
Month: June 2013
USDCHF Analysis – June 9, 2013
USDCHF is facing 0.9206 support, a breakdown below this level will confirm that the uptrend from 0.9021 had completed at 0.9838 already, then next target would be at 0.9000 area.
USDJPY Analysis – June 9, 2013
USDJPY breaks below 97.00 key support, suggesting that the uptrend from 77.14 (Sep 13, 2012 low) had completed at 103.73 already. Further decline would likely be seen, and next target would be at 93.00 area.
AUDUSD Analysis – June 9, 2013
AUDUSD remains in downtrend from 1.0582, and the fall extends to as low as 0.9429. Further decline is still possible, and next target would be at 0.9200 area. Key resistance is at 0.9800, only break above this...
GBPUSD Analysis – June 9, 2013
GBPUSD breaks above 1.5605 resistance, suggesting that the uptrend from 1.4831 has resumed. Further rise could be expected in a couple weeks, and next target would be at 1.5900 area.
EURUSD Analysis – June 9, 2013
EURUSD breaks above 1.3242 resistance, suggesting that the downtrend from 1.3711 had completed at 1.2747 already. Further rise could be expected, and next target would be at 1.3500 area.
USD/JPY Forecast June 10, 2013, Technical Analysis
The USD/JPY pair fell rather drastically during the session on Friday, but as you can see the 95 handle held firm, and as a result we bounced high enough to form a massive hammer. This hammer is...
USD/CAD Forecast June 10, 2013, Technical Analysis
The USD/CAD pair fell rather hard during the Friday session, but managed to close right at the 1.02 level. This is the area that we have been watching and concluded that “bottom” of support. If we continue...
GBP/USD Forecast June 10, 2013, Technical Analysis
The GBP/USD pair fell during the session on Friday, but as you can see found enough support at the 1.55 level in order to form a hammer. This hammer suggests that we are going higher, and as...
EUR/USD Forecast June 10, 2013, Technical Analysis
The EUR/USD pair went back and forth during the Friday session, but as you can see formed a shooting star that sits just above the 1.32 handle.