GBPUSD stays below a falling trend line on 4-hour chart and remains in downtrend from 1.5997. As long as the trend line resistance (Now at 1.5525)...
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GBPUSD stays below a falling trend line
September 3 2010, 5:29am | Comments »
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GBPUSD may be forming a cycle bottom at 1.5326
GBPUSD may be forming a cycle bottom at 1.5326 level on 4-hour chart. Key resistance is at 1.5597, a break above this level will confirm the cycle...
September 2 2010, 5:03am | Comments »
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AUDUSD formed a cycle top at 0.9029
AUDUSD formed a cycle top at 0.9029 level on 4-hour chart. Range trading between 0.8771 and 0.9029 is expected in a couple of days. Key resistance is...
September 1 2010, 5:08am | Comments »
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USDCAD rebounded strongly from 1.0471
USDCAD rebounded strongly from 1.0471, suggesting that a cycle bottom is being formed on 4-hour chart. Another rise to test 1.0676 (Jul 6 high) key...
August 31 2010, 4:14am | Comments »
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EURUSD remains in downtrend from 1.3333
EURUSD remains in downtrend from 1.3333, and the bounce from 1.2587 is treated as consolidation of downtrend. Resistance is at the upper border of...
August 30 2010, 4:01am | Comments »
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USDCHF broke above the downtrend line from 1.0624 to 1.0464
USDCHF broke above the downtrend line from 1.0624 to 1.0464, suggesting that a cycle bottom is being formed at 1.0257 on 4-hour chart. Key resistance...
August 24 2010, 4:37am | Comments »
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USDCHF stays below a downtrend line
USDCHF stays below a downtrend line from 1.0624 to 1.0464 and remains in downtrend. As long as the trend line resistance holds, downtrend is expected...
August 23 2010, 3:35am | Comments »
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USDJPY may be forming a cycle bottom at 84.72
USDJPY may be forming a cycle bottom at 84.72 level on daily chart. Key resistance is at the falling trend line, a clear break above the trend line...
August 21 2010, 7:29am | Comments »
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USDCAD broke above 1.0340 key resistance
USDCAD broke above 1.0340 key resistance, suggesting that a cycle bottom had been formed at 1.0247 level on 4-hour chart. Now the rise from 1.0247 is...
August 20 2010, 5:01am | Comments »
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AUDUSD formed a cycle bottom at 0.8858
AUDUSD formed a cycle bottom at 0.8858 level on 4-hour chart. Now the rise from 0.8858 could possibly be resumption of uptrend from 0.8066 (May 25...
August 19 2010, 6:19am | Comments »
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GBPUSD stays in a trading range between 1.5535 and 1.5712
GBPUSD stays in a trading range between 1.5535 and 1.5712. Another rise towards 1.5712 key resistance would more likely be seen later today, a break...
August 18 2010, 3:07am | Comments »
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GBPUSD rebounded from 1.5535
Being supported by the rising trend line from 1.4346 (Jun 8 low) to 1.5124, GBPUSD rebounded from 1.5535 level. Now the pair is forming a cycle...
August 17 2010, 5:18am | Comments »
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USDCHF stays in a trading range between 1.0461 and 1.0624
USDCHF stays in a trading range between 1.0461 and 1.0624. Support is at 1.0461, as long as this level holds, another rise to re-test 1.0675 key...
August 16 2010, 4:14am | Comments »
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USDCHF pulled back from 1.0624
After touching the upper border of the price channel on 4-hour chart, USDCHF pulled back from 1.0624, taking price back to test 1.0461 key support, a...
August 13 2010, 3:27am | Comments »
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USDCHF breaks above upper border of price channel
USDCHF breaks above the upper border of the price channel. Further rally to test 1.0675 key resistance could be seen later today, a break above this...
August 12 2010, 6:43am | Comments »
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EURUSD may be forming a cycle bottom at 1.3074
EURUSD may be forming a cycle bottom at 1.3074 level on 4-hour chart. Range trading between 1.3074 and 1.3333 is expected in a couple of days....
August 11 2010, 4:02am | Comments »
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AUDUSD breaks below trend line
AUDUSD breaks below the trend line from 0.8632 to 0.8905, suggesting that a cycle top is being formed at 0.9221 level on 4-hour chart. Range trading...
August 10 2010, 5:32am | Comments »
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EURUSD continues its upward movement
After a minor consolidation, EURUSD continues its upward movement from 1.2732 and the rise extended to as high as 1.3333 level. Support is at the...
August 9 2010, 3:21am | Comments »
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USDCHF’s downward movement extended to 1.0331
USDCHF’s downward movement extended further to as low as 1.0331 level. However, the pair had lost momentum, move sideways in a range between...
August 7 2010, 4:32am | Comments »
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USDCHF broke above 1.0475 resistance
USDCHF broke above 1.0475 resistance, suggesting that a cycle bottom had been formed at 1.0347 level on 4-hour chart. Further rally is still possible...
August 5 2010, 5:16am | Comments »