Forex : eurusd gbpusd usdchf usdjpy | Monday, June 17, 2013

EURUSD Analysis:

EURUSD remains in uptrend from 1.2796, the fall from 1.3390 is treated as consolidation of the uptrend. Further rise would likely be seen after consolidation, and next target would be at 1.3500 area. Initial support is at the upward trend line on 4-hour chart, and the key support is at 1.3180, only break below this level could signal completion of the uptrend.

Forex: eurusd technical analysis Monday, June 17, 2013

GBPUSD Analysis:
GBPUSD remains in uptrend from 1.5008, the fall from 1.5736 is treated as consolidation of the uptrend. Support is now at 1.5550, as long as this level holds, the uptrend could be expected to resume, and another rise towards 1.6000 is still possible after consolidation.

Forex: gbpusd technical analysis Monday, June 17, 2013

USDCHF Analysis.
USDCHF is facing the resistance of the upper line the price channel again. As long as the channel resistance holds, the rise from 0.9130 could be treated as consolidation of the downtrend from 0.9838, one more fall towards 0.9000 is still possible after consolidation. On the upside, a clear break above the channel resistance will indicate that lengthier sideways consolidation of the downtrend is underway, then range trading between 0.9130 and 0.9350 could be seen to follow.

Forex: usdchf technical analysis Monday, June 17, 2013

USDJPY Analysis.
USDJPY stays below a downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 92.50 area, only a clear break above the trend line resistance could signal completion of the downtrend.

Forex: usdjpy technical analysis Monday, June 17, 2013

Forex Trading Signals:Tuesday, May 7, 2013 | eurusd gbpusd usdchf usdjpy

EUR/USD: Neutral Trend
Trading range: 1.3105-1.3035
Sell at :1.3095
Stop Loss: 1.3127
Take Profit: 1.3045

GBP/USD: Neutral Trend
Trading range: 1.5560-1.5485
Sell at :1.5550
Stop Loss: 1.5582
Take Profit: 1.5495

USD/JPY: Neutral Trend
Trading range: 99.35-98.70
Sell at :99.21
Stop Loss: 99.53
Take Profit: 98.76

USD/CHF: Neutral Trend
Trading range: 0.9355-0.9430
Buy at :0.9366
Stop Loss: 0.9334
Take Profit: 0.9416

Forex Technical Analysis: eurusd gbpusd usdchf usdjpy | Tuesday, May 7, 2013

EURUSD Analysis:
EURUSD is in consolidation of the uptrend from 1.2747. As long as 1.2955 support holds, one more rise towards 1.3500 could be expected after consolidation, only a breakdown below 1.2955 could signal completion of the uptrend. 

Forex: eurusd technical analysis Tuesday, May 7, 2013

GBPUSD Analysis:
GBPUSD moves sideways in a narrow range between 1.5469 and 1.5605. As long as 1.5469 support holds, the price action in the range is treated as consolidation of the uptrend from 1.5197, another rise to 1.5700 area is still possible after consolidation, and a break above 1.5605 resistance could signal resumption of the uptrend. On the downside, a breakdown below 1.5469 will suggest that lengthier consolidation of the longer term uptrend from 1.4831 (Mar 12 low) is underway, then the pair will find support at the upward trend line from 1.4831 to 1.5034.

Forex: gbpusd technical analysis Tuesday, May 7, 2013

USDCHF Analysis:
USDCHF remains in downtrend from 0.9498, the rise from 0.9247 is treated as correction of the downtrend. Key resistance is at 0.9400, as long as this level holds, the downtrend could be expected to resume, and one more fall towards 0.9000 is still possible. 

Forex: usdchf technical analysis Tuesday, May 7, 2013

USDJPY Analysis:
USDJPY is testing 99.94 resistance, a break above this level will indicate that the uptrend from 77.14 (Sep 13, 2012 low) has resumed, then further rise towards 105.00 could be seen. On the other side, as long as 99.94 resistance holds, lengthier sideways movement could be expected to continue, and one more fall to 96.50 area is still possible.

Forex: usdjpy technical analysis Tuesday, May 7, 2013

Daily Forex Trading Signals: eurusd, gbpusd, usdchf and usdjpy

Todays Forex Trading Signals

EUR/USD: Neutral Trend
Trading range: 1.3135-1.3060
Sell at :1.3124
Stop Loss: 1.3156
Take Profit: 1.3074

GBP/USD: Neutral Trend
Trading range: 1.5600-1.5520
Sell at :1.5587
Stop Loss: 1.55619
Take Profit: 1.5532

USD/JPY: Neutral Trend
Trading range: 98.95-99.65
Buy at :99.06
Stop Loss: 98.47
Take Profit: 99.51

USD/CHF: Neutral Trend
Trading range: 0.9335-0.9410
Buy at :0.9348
Stop Loss: 0.9316
Take Profit: 0.9398

Forex trading analysis today: eurusd gbpusd usdchf usdjpy

EURUSD Analysis: 
EURUSD stays in a trading range between 1.2955 and 1.3242. As long as 1.2955 support holds, the price action from 1.3201 could be treated as consolidation of the uptrend from 1.2747, another rise towards 1.3500 could be expected, only break below 1.2955 could signal completion of the uptrend. 

Forex: eurusd analysis

GBPUSD Analysis: 
GBPUSD remains in uptrend from 1.5197, the fall from 1.5605 is likely minor consolidation of the uptrend. Support is at 1.5465, as long as this level holds, the uptrend could be expected to resume, and next target would be at 1.5700 area. On the downside, a breakdown below 1.5465 will indicate that consolidation of the longer term uptrend from 1.4831 (Mar 12 low) is underway, then deeper decline toward the upward trend line from 1.4831 to 1.5034 could be seen. 

Forex: gbpusd analysis

USDCHF Analysis:
USDCHF’s rise from 0.9247 extended to high as 0.9399. As long as 0.9400 resistance holds, the rise is treated as consolidation of the downtrend from 0.9498, range trading between 0.9247 and 0.9400 would likely be seen in a couple of days.

Forex: usdchf analysis

USDJPY Analysis:
USDJPY is facing 99.94 resistance again, a break above this level will indicate that the uptrend from 77.14 (Sep 13, 2012 low) has resumed, then further rise towards 105.00 could be seen. On the other side, as long as 99.94 resistance holds, lengthier sideways movement could be expected to continue, and one more fall to 96.50 area is still possible.

Forex: usdjpy analysis

Forex trading signals: eurusd,gbpusd,usdjpy and usdchf

Todays Forex Trading Signals

EUR/USD: Up Trend
Trading range: 1.3031-1.3150
Buy at :1.3063
Stop Loss: 1.3031
Take Profit: 1.3140


GBP/USD: Up Trend
Trading range: 1.5505-1.5620
Buy at :1.5519
Stop Loss: 1.5487
Take Profit: 1.5607


USD/JPY: Neutral Trend
Trading range: 97.85.98.55
Buy at :97.96
Stop Loss: 97.64
Take Profit: 98.41


USD/CHF: Down Trend
Trading range: 0.9365-0.9260
Sell at :0.9393
Stop Loss: 0.9385
Take Profit: 0.9269

***It is only technical analysis according to current market situation. So you can apply this information as your own risk. We try our best to give you right signals.