GBPUSD Daily Analysis – January 8, 2014
GBPUSD is facing the support of the lower line of the price channel on 4-hour chart. As long as the channel support holds, the uptrend from 1.5854 (Nov 12, 2013 low) could be expected to resume, and...
Category: Short Term Forex Analysis
EURUSD Daily Analysis – January 8, 2014
No changed in our view, EURUSD remains in downtrend from 1.3892, the rise from 1.3571 could be treated as consolidation of the downtrend. As long as 1.3680 resistance holds, the downtrend could be expected to resume, and...
USDCAD Daily Analysis – January 7, 2014
USDCAD is forming a sideways consolidation in a range between 1.0561 and 1.0737. Key support is at 1.0561, as long as this level holds, the uptrend from 1.0182 (Sept 19, 2013 low) could be expected to resume,...
USDCHF Daily Analysis – January 7, 2014
USDCHF remains in uptrend from 0.8799, and the rise extended to as high as 0.9070. Support is at 0.8980, as long as this level holds, the uptrend could be expected to continue, and next target would be...
USDJPY Daily Analysis – January 7, 2014
USDJPY is facing the support of the price channel on 4-hour chart. As long as the channel support holds, the uptrend from 96.94 (Oct 25, 2013 low) could be expected to resume, and one more rise towards...
AUDUSD Daily Analysis – January 7, 2014
AUDUSD remains in downtrend from 0.9756 (Oct 23, 2013 high), the rise from 0.8820 is likely consolidation of the downtrend. Resistance is at 0.9040, as long as this level holds, the downtrend could be expected to resume,...
GBPUSD Daily Analysis – January 7, 2014
GBPUSD stays within a upward price channel on 4-hour chart, and remains in uptrend from 1.5854 (Nov 12, 2013 low). Support is located at the lower line of the channel, as long as the channel support holds,...
EURUSD Daily Analysis – January 7, 2014
EURUSD remains in downtrend from 1.3892, the rise from 1.3571 is likely consolidation of the downtrend. Resistance is at 1.3680, as long as this level holds, the downtrend could be expected to resume, and another fall towards...
USDCAD Daily Analysis – January 6, 2014
USDCAD stayed in a trading range between 1.0561 and 1.0737 for several days. The price action in the range is likely consolidation of the uptrend from 1.0182 (Sept 19, 2013 low). As long as 1.0561 support holds,...
USDCHF Daily Analysis – January 6, 2014
USDCHF’s upward movement from 0.8799 extends to as high as 0.9065. Further rise could be expected in a couple of days, and next target would be at 0.9200 area. Support is at 0.9000, only break below this...