Sidebar Ads

Thursday, July 30, 2009

Short Term Analysis -

USDCHF

20070125_usdchf_1.gifBeing contained by the up trend line from 1.1881 to 1.2111, USDCHF rebound from 1.2374 and reach 1.2496 high. Further fall below 1.2374 to reach the next cycle bottom is still possible in a couple of days. On the other side, the pair may be bottoming at 1.2374 on 4 hours chart, key resistance is at 1.2525, a break above this level will confirm the cycle bottom, and further rise above 1.2546 can be seen.

EURUSD

20070125_eurusd_1.gifEURUSD is in up trend, further rise above 1.3042 to reach the next cycle top is still possible in a couple of days. On the other side, the pair may be topping at 1.3042, key support is at 1.2921, a break below this level will confirm the cycle top, and sharply fall below 1.2865 will be seen.

GBPUSD

20070125_gbpusd_1.gifKey support at 1.9715 is broken below, GBPUSD topped at 1.9913, and further fall towards 1.9600 is possible later today. Key resistance is at 1.9913, only break above this level may signal the resumption of the up trend.

USDCAD

20070125_usdcad_1.gifUSDCAD in up trend, further rise above 1.1849 is still possible later today. Near term support is at the up trend line from 1.1644 to 1.1697, now at 1.1749, only break below the trend line support may signal the reversal to the up trend.

AUDUSD

20070125_audusd_1.gifAUDUSD is in down trend, further fall towards 0.7759 to reach the next cycle bottom on 4 hours chart is still possible later today. Near term resistance is at 0.7845, only break above this level will delay the resumption of the down trend.

USDJPY

20070125_usdjpy_1.gifKey support at 121.08 is broken below, USDJPY topped at 121.77 on 4 hours chart. Near term support is at 120.63, if give way, fall towards 120.00 level will be seen in a couple of days. Near key resistance is at 121.77, only break above this level may signal the resumption of the up trend.

0 comentários:

Post a Comment

Comments System Facebook/Blogger/Disqus

disqus

Disqus Shortname

oddthemes