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May 26, 2012 08:32PM GMT
     
 
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Franco Shao
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Analysis & Opinion
 
Forex Cycle's Opinion & Analysis
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USD/JPY breaks below 79.63 previous low and reaches as low as 79.43, suggesting that a downtrend from 84.17 has resumed. Further decline could be expected in a couple of days, and next target would be...
USD/JPY moves sideways in a narrow range between 79.63 and 80.61. Resistance remains at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds, downtrend could be...
AUD/USD breaks below 1.0225 previous low support and reaches as low as 1.0110, suggesting that the downtrend from 1.0855 (Feb 29 high) has resumed. Further decline could be expected after a minor ...
USD/JPY remains in downtrend from 84.17, the price action from 79.63 is treated as consolidation of the downtrend. Resistance is at the upper line of the price channel on 4-hour chart, as long as the ...
USD/JPY may be forming a cycle bottom at 79.63 on 4-hour chart. Another rise to test the resistance of the downward price channel would likely be seen, a clear break above the upper line of the ...
AUD/USD is facing the support of the upward trend line on 4-hour chart. As long as the trend line support holds, we’d expect the uptrend to resume, and another rise to 1.0550 is still possible. ...
GBP/USD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.5818. As long as the trend line support holds, uptrend could be expected to continue, and next target would be at...
EUR/USD stays within a upward price channel on 4-hour chart, and remains in uptrend from 1.2995, the fall from 1.3262 is treated as consolidation of the uptrend. As long as the channel support holds, ...
Being contained by 1.0225 support, AUD/USD rebounded from 1.0246, suggesting that a cycle bottom has been formed on 4-hour chart. Further rise to test 1.0463 key resistance would likely be seen, a ...
USD/JPY stays in a downward price channel on 4-hour chart, and remains in downtrend from 84.17, the price action from 80.31 is likely consolidation of the downtrend. Now the fall from 81.77 would ...