Archives for July 2013
The EURUSD pair has broken above its resistance at 1.3175 but has weakened since. [Read more…] about Role Reversal To Cushion The Fiber?
Spot gold prices or the XAUUSD may further rise in the near term as the pair breaks out from its downtrend line. [Read more…] about Near Term Rise Seen In Spot Gold
The Australian dollar may extend its gains against the US dollar as the AUD/USD settles at the 0.9200 marker after reaching 0.9260. [Read more…] about Australian Dollar To Bounce Versus USD?
A symmetrical triangle chart pattern is spotted on the 1-hour chart of USDJPY. [Read more…] about Symmetrical Triangle Spotted On USDJPY
The US dollar may weaken again against the euro if the EURUSD pair breaks our from what appears to be a falling wedge chart pattern that it has formed since yesterday. [Read more…] about USD To Weaken Further Vs. The EUR
The Japanese yen may weaken again versus the New Zealand dollar as the NZDJPY pair falls back towards its previous resistance at 79.00. [Read more…] about Yen To Weaken Again Versus The Kiwi
The USDJPY pair may extend its uptrend as it finds support at its former resistance at 100.80. [Read more…] about USD To Extend Rise Against The JPY
The USDCHF pair spiked yesterday from 0.9500 to 0.9580 before consolidating into a small ascending triangle chart pattern. All in all, the whole move may be considered as a bullish pennant pattern. [Read more…] about USDCHF To Jump By Another 80 Pips?
The AUDUSD pair may fall once again as it may find some resistance at its former support at 0.9120. [Read more…] about Aussie to Weaken Again Versus the USD?