Items Tag - Forex 24x7

USDCAD bounces to upper boundary of price channel

USDCAD bounces sharply to the upper boundary of the falling price channel on 4-hour chart. Further rally to test 1.0215 key resistance is still...

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Forex articles

April 28 2010, 5:46am | Comments »

AUDUSD stays in a trading range between 0.9157 and 0.9381

AUDUSD stays in a trading range between 0.9157 and 0.9381 and the price action in the range is treated as consolidation of uptrend from 0.8577 (Feb 5...

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Forex articles

April 27 2010, 5:20am | Comments »

AUDUSD consolidates in a range between 0.9157 and 0.9381

AUDUSD consolidates in a range between 0.9157 and 0.9381. Lengthier sideways movement in the range is still possible in a couple of days. As long as...

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Forex articles

April 26 2010, 6:01am | Comments »

EURUSD’s downtrend extends to 1.3202

EURUSD’s downtrend from 1.5144 extends to as low as 1.3202 level. Deeper decline to 1.3000 to reach next cycle bottom on daily chart is still...

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Forex articles

April 24 2010, 9:09am | Comments »

EURUSD breaks below 1.3267 previous low

EURUSD breaks below 1.3267 previous low, suggesting that the long term downtrend from 1.5144 (Nov 25, 2009 low) has resumed. Deeper decline is still...

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Forex articles

April 23 2010, 5:55am | Comments »

USDJPY continues its downward movement from 94.68

USDJPY continues its downward movement from 94.68 and the fall has reached as low as 91.87 level. Deeper decline is still possible in a couple of...

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Forex articles

April 19 2010, 6:28am | Comments »

AUDUSD rebounded from 0.9223

Being contained by the lower boundary of the price channel on 4-hour chart, AUDUSD rebounded from 0.9223 level. Range trading between 0.9222 and...

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Forex articles

April 14 2010, 4:47am | Comments »

USDCHF dropped sharply from 1.0785

After breaking below the lower border of the price channel on 4-hour chart, USDCHF dropped sharply from 1.0785, suggesting that a cycle top had been...

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Forex articles

April 12 2010, 5:24am | Comments »

GBPUSD broke above 1.5382

GBPUSD broke above 1.5382 key resistance, suggesting that the downtrend from 1.6875 has completed at 1.4784 already. Further rally would more likely...

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Forex articles

April 10 2010, 7:09am | Comments »

GBPUSD pulled back from 1.5318

Being contained by 1.5382 previous high resistance, GBPUSD pulled back from 1.5318 and traded in a narrow range between 1.5128 and 1.5318. Support is...

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Forex articles

April 8 2010, 5:47am | Comments »

USDCHF stays in a falling price channel

USDCHF stays in a falling price channel and remains in downward movement from 1.0898. As long as the channel resistance holds, one more fall towards...

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Forex articles

March 24 2010, 3:46am | Comments »

USDCHF stays in a falling price channel

USDCHF stays in a falling price channel on 4-hour chart. As long as the channel resistance holds, another fall towards 1.0400 is still possible and a...

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Forex articles

March 23 2010, 4:40am | Comments »

EURUSD broke below lower border of price channel

EURUSD broke below the lower border of the price channel on 4-hour chart, suggesting that a cycle top has been formed at 1.3817 level on 4-hour chart...

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Forex articles

March 22 2010, 4:00am | Comments »

USDCHF broke below 1.0715 support

USDCHF broke below 1.0715 support, suggesting that lengthier consolidation of uptrend from 1.0132 is underway. Range trading is expected in 1.0608...

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Forex articles

March 1 2010, 4:56am | Comments »

EURUSD remains in downward movement from 1.5144

EURUSD remains in downward movement from 1.5144 and the bounce from 1.3443 is more likely consolidation of downtrend. Range trading between 1.3443 ...