Thursday, May 31, 2012

USDCAD daily chart showing resistance at 1.0300 level for now

USDCAD daily chart showing resistance at 1.0300 level for now

AUDUSD daily chart support at 0.9700 level remain intact

AUDUSD daily chart support at 0.9700 level remain intact

USDJPY downward trend remain seen broke below 78.965 level


USDJPY downward trend remain seen. broke below 78.965 low level

31 May 2012 GBPUSD market analysis

 GBPUSD 1 hour chart forming support at 1.5470 level
GBPUSD 4 hour chart showing downward trend. Low at 1.5463 level to watch.

GBPUSD daily chart showing downward move remain seen. Fibonacci 423% 1.5322 to watch. 2 pullbacks appeared.

31 May 2012 EURUSD market analysis

EURUSD downward move seen with 1.2400 target hit. EURUSD daily chart based on Fibonacci downward move show next target at 261% Fibonacci level at 1.2200 level. 
EURUSD 4 hour chart showing downward trend channel. Target 1.2400 level hit after consolidate range 1.2500-1.2600 broken.
EURUSD 1 hour chart forming cup formation finding support at 1.2375 level.

Wednesday, May 30, 2012

GBPUSD 15 min chart showing 261% Fibonacci hit

GBPUSD 15 min chart showing 261% Fibonacci hit

EURUSD 15 min chart showing Fibonacci 261% level hit


EURUSD 15 min chart showing Fibonacci 261% level hit.