EURUSD Daily Analysis – April 3, 2014
EURUSD is now in uptrend from 1.3705, the fall from 1.3820 is likely correction of the uptrend. As long as 1.3705 key support holds, another rise could be expected, and next target would be at 1.3900 area....
Category: Short Term Forex Analysis
USDCAD Daily Analysis – April 2, 2014
USDCAD continued its sideways movement in a range between 1.1000 and 1.1077. As long as 1.1077 resistance holds, the downtrend from 1.1278 could be expected to resume, and next target would be at 1.0950 area. However, a...
USDCHF Daily Analysis – April 2, 2014
USDCHF is facing the support of lower line of the price channel on 4-hour chart. As long as the channel support holds, the uptrend from 0.8699 could be expected to resume, and one more rise to 0.8950...
USDJPY Daily Analysis – April 2, 2014
USDJPY broke above 103.76 resistance and reached as high as 103.93. The uptrend from 101.72 could be expected to continue after a minor consolidation, and next target would be at 104.50 area. Support is now at 103.10,...
AUDUSD Daily Analysis – April 2, 2014
No changed in our view, AUDUSD remains in uptrend from 0.8995, the fall from 0.9303 is likely consolidation of the uptrend. Range trading between 0.9200 and 0.9303 would likely be seen in a couple of days. As...
GBPUSD Daily Analysis – April 2, 2014
GBPUSD broke below the upward trend line on 4-hour chart, indicating that consolidation of the uptrend from 1.6465 is underway. Range trading between 1.6598 and 1.6684 would likely be seen. As long as 1.6598 support holds, the...
EURUSD Daily Analysis – April 2, 2014
EURUSD broke above the downward trend line on 4-hour chart, indicating that the downtrend from 1.3966 had completed at 1.3705 already. Further rally could be expected and next target would be at 1.3900 area. Support is now...
USDCAD Daily Analysis – April 1, 2014
USDCAD moved sideways in a trading range between 1.1000 and 1.1077. Resistance is now at 1.1077, as long as this level holds, the downtrend from 1.1278 could be expected to resume, and next target would be at...
USDCHF Daily Analysis – April 1, 2014
USDCHF remains in uptrend from 0.8699, the fall from 0.8898 could be treated as consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart. As long as the channel...
USDJPY Daily Analysis – April 1, 2014
USDJPY’s upward movement from 101.20 extended to as high as 103.43. Further rise would likely be seen, and next target would be at 104.00 area. Support is at 102.70, only break below this level could signal completion...