EURUSD Analysis.
EURUSD continues its downward movement from 1.3415, and the fall extends to as low as 1.2985. Further decline could be expected after a minor consolidation, and next target would be at 1.2900 area. Resistance is at 1.3100, 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 1.5202. Further decline is still possible after a minor consolidation, and next target would be at 1.5100 area. Resistance is at 1.5400, as long as this level holds, the downtrend will continue.
USDCHF Analysis.
USDCHF’s upward movement from 0.9130 extends to as high as 0.9487. Further rise is still possible after a minor consolidation, and next target would be at 0.9550 area. Support is now at 0.9400, only break below this level could signal completion of the uptrend.
USDJPY Analysis.
USDJPY is facing 98.70 resistance, a break above this level will indicate that the uptrend from 93.79 has resumed, then next target would be at 100.00 area. Key support is now located at 96.86, only break below this level could signal completion of the uptrend.
EURUSD continues its downward movement from 1.3415, and the fall extends to as low as 1.2985. Further decline could be expected after a minor consolidation, and next target would be at 1.2900 area. Resistance is at 1.3100, only break above this level could signal completion of the downtrend.
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GBPUSD Analysis.
GBPUSD’s downward movement from 1.5751 extends to as low as 1.5202. Further decline is still possible after a minor consolidation, and next target would be at 1.5100 area. Resistance is at 1.5400, as long as this level holds, the downtrend will continue.
 |
| Forex: gbpusd technical analysis Friday, June 28, 2013 |
USDCHF Analysis.
USDCHF’s upward movement from 0.9130 extends to as high as 0.9487. Further rise is still possible after a minor consolidation, and next target would be at 0.9550 area. Support is now at 0.9400, only break below this level could signal completion of the uptrend.
 |
| Forex: usdchf technical analysis Friday, June 28, 2013 |
USDJPY Analysis.
USDJPY is facing 98.70 resistance, a break above this level will indicate that the uptrend from 93.79 has resumed, then next target would be at 100.00 area. Key support is now located at 96.86, only break below this level could signal completion of the uptrend.
 |
| Forex: usdjpy technical analysis Friday, June 28, 2013 |
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