AUD/USD declines to major support
May 24, 2013 10:57 am by James Chen
May 24, 2013 – AUD/USD (daily chart) has consolidated after its swift decline to major support around the 0.9650 price region, retesting the lows that [...]
James Chen
GBP/USD stalls plunge near 1.5000 support target
May 23, 2013 12:31 pm by James Chen
May 23, 2013 – GBP/USD (daily chart) has stalled in its dramatic plunge of the past two weeks just above its key downside support target [...]
EUR/USD leaning towards bearish trend resumption
May 21, 2013 11:59 am by James Chen
May 21, 2013 – EUR/USD (daily chart) has continued to lean towards a resumption of the entrenched bearish trend, even after having hit and respected [...]
End of Gold’s Dead Cat Bounce
May 20, 2013 12:30 pm by James Chen
May 20, 2013 – Gold (daily chart) has approached an end to its “dead cat bounce” that brought the precious metal up to an early [...]
AUD/USD Continues Dramatic Plunge to Establish New Lows
May 16, 2013 10:50 am by James Chen
May 16, 2013 – AUD/USD (daily chart) has continued its week-long plunge that initiated on a clean breakdown below the major 1.0150 support level late [...]
USD/JPY advances bullish trend but due for correction
May 15, 2013 12:22 pm by James Chen
May 15, 2013 – USD/JPY (daily chart) has continued its advance to approach a major upside resistance target around 103.00. This occurs after the pivotal [...]
GBP/USD resumes strong bearish bias after bullish correction
May 14, 2013 12:21 pm by James Chen
May 14, 2013 – GBP/USD (daily chart) has shown clear signs of leaning towards a resumption of the strong bearish trend that has been in [...]
EUR/USD stalls decline around 200-day moving average
May 13, 2013 1:04 pm by James Chen
May 13, 2013 – EUR/USD (daily chart) has stalled its decline just under the key 1.3000 support/resistance level, which also currently happens to reside around [...]
AUD/USD Plunges to Parity
May 10, 2013 1:20 pm by James Chen
May 10, 2013 – AUD/USD (daily chart) has finally broken down the below the long-term trading range between 1.0150 and 1.0600, and has further plunged [...]
USD/JPY Pennant Pattern Consolidation within Strong Uptrend
May 9, 2013 2:50 pm by James Chen
May 9, 2013 – USD/JPY (daily chart) has consolidated within a pennant pattern just under the 100.00-area highs. This pattern generally has a bullish breakout [...]
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- AUD/USD declines to major support
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Fed’s Symmetric Rhetoric to Boost USD
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