EURUSD Analysis.
EURUSD’s downward movement from 1.3415 extends to as low as 1.3059. Further decline would likely be seen after a minor consolidation, and next target would be at 1.3000 area. Resistance is at 1.3175, only break above this level could signal completion of the downtrend.
GBPUSD Analysis.
GBPUSD’s downward movement from 1.5751 extends to as low as 1.5343. Further decline could be expected after a minor consolidation, and next target would be at 1.5300 area. Key resistance is at 1.5530, only break above this level could signal completion of the downtrend.
USDCHF Analysis.
USDCHF remains in uptrend from 0.9130, the fall from 0.9380 could be treated as consolidation of the uptrend. Another rise to 0.9400 area could be expected after consolidation. Key support is at 0.9250, only break below this level will indicate that the uptrend has completed at 0.9380 already, then the following downward movement could bring price back towards 0.9000.
USDJPY Analysis.
USDJPY remains in uptrend from 93.79, the fall from 98.70 is likely minor consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 100.00 area. Support is at 96.80, as long as this level holds, the uptrend will continue. On the downside, a breakdown below 96.80 support will indicate that the upward movement from 93.79 has completed at 98.70 already, then the following downward movement could bring price back to test 93.79 support.
EURUSD’s downward movement from 1.3415 extends to as low as 1.3059. Further decline would likely be seen after a minor consolidation, and next target would be at 1.3000 area. Resistance is at 1.3175, only break above this level could signal completion of the downtrend.
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| Forex: eurusd technical analysis Tuesday, June 25, 2013 |
GBPUSD Analysis.
GBPUSD’s downward movement from 1.5751 extends to as low as 1.5343. Further decline could be expected after a minor consolidation, and next target would be at 1.5300 area. Key resistance is at 1.5530, only break above this level could signal completion of the downtrend.
 |
| Forex: gbpusd technical analysis Tuesday, June 25, 2013 |
USDCHF Analysis.
USDCHF remains in uptrend from 0.9130, the fall from 0.9380 could be treated as consolidation of the uptrend. Another rise to 0.9400 area could be expected after consolidation. Key support is at 0.9250, only break below this level will indicate that the uptrend has completed at 0.9380 already, then the following downward movement could bring price back towards 0.9000.
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| Forex: usdchf technical analysis Tuesday, June 25, 2013 |
USDJPY Analysis.
USDJPY remains in uptrend from 93.79, the fall from 98.70 is likely minor consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 100.00 area. Support is at 96.80, as long as this level holds, the uptrend will continue. On the downside, a breakdown below 96.80 support will indicate that the upward movement from 93.79 has completed at 98.70 already, then the following downward movement could bring price back to test 93.79 support.
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| Forex: usdjpy technical analysis Tuesday, June 25, 2013 |
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