EURUSD Daily Analysis – April 11, 2014
EURUSD remains in uptrend from 1.3672, and the rise extended to as high as 1.3898. Support is now at 1.3850, as long as this level holds, the uptrend could be expected to continue, and next target would...
Category: Short Term Forex Analysis
USDCAD Daily Analysis – April 10, 2014
USDCAD’s downward movement extended to as low as 1.0857. Resistance is now at 1.0955, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.0750 area. Only break...
USDCHF Daily Analysis – April 10, 2014
USDCHF’s downward movement from 0.8952 extended to as low as 0.8782. Further decline could be expected and next target would be at 0.8700 area. Resistance is at 0.8825, only break above this level will indicate that correction...
USDJPY Daily Analysis – April 10, 2014
USDJPY remains in downtrend from 104.12, the rise from 101.55 is likely consolidation of the downtrend. Resistance levels are at 102.15 and 102.55, as long as these levels hold, the downtrend could be expected to resume, and...
AUDUSD Daily Analysis – April 10, 2014
AUDUSD remains in uptrend from 0.9205, and the rise extended to as high as 0.9439. Further rise could be expected and next target would be at 0.9500 area. Support is at 0.9370, only break below this level...
GBPUSD Daily Analysis – April 10, 2014
GBPUSD continued its upward movement from 1.6553 and the rise extended to as high as 1.6820. Support is at 1.6725, as long as this level holds, the uptrend could be expected to continue, and next target would...
EURUSD Daily Analysis – April 10, 2014
EURUSD’s upward movement from 1.3672 extended to as high as 1.3870. Support is at 1.3815, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.3950 area. On...
USDCAD Daily Analysis – April 9, 2014
USDCAD is facing 1.0910 support, a breakdown below this level will indicate that the uptrend from 1.0812 (Sept 19, 2013 low) had completed, then the following downward movement could bring price to 1.0000. Resistance is at 1.1025,...
USDCHF Daily Analysis – April 9, 2014
USDCHF broke below the upward trend line on 4-hour chart, suggesting that the uptrend from 0.8699 had completed at 0.8952 already. Further decline could be expected after a minor consolidation, and next target would b eat 0.8750...
USDJPY Daily Analysis – April 9, 2014
USDJPY is now in downtrend from 104.12. Deeper decline could be expected after a minor consolidation, and next target would be at 100.50 area. Resistance is at 102.30, as long as this level holds, the downtrend will...