Autochartist Forecast

23/05/2012

Daily Forex Update: GBP/AUD

By: Dima Chernovolov

22/05/2012

Daily Forex Update: CHF/JPY

By: Dima Chernovolov

21/05/2012

Daily Forex Update: USD/HKD

By: Dima Chernovolov

20/05/2012

Daily Forex Update: EUR/CAD

By: Dima Chernovolov

17/05/2012

Daily Forex Update: USD/JPY

By: Dima Chernovolov USD/JPY has recently broken down sharply through the horizontal Key Levels support level 79.6340 identified by Autochartist on the 4-hour charts. Autochartist rates its Significance at the high 6 bar level – reflecting the fact that the price has recently reversed up 6 times from this support level. This breakdown continues the overriding downtrend visible on the daily and the weekly USD/JPY charts. The pair is expected to fall further toward the Forecast Price 78.9398, which is also indicated by the PowerStats analysis shown below.

16/05/2012

Daily Forex Update: GBP/USD

By: Dima Chernovolov

15/05/2012

Daily Forex Update: GBP/AUD

By: Dima Chernovolov

14/05/2012

Daily Forex Update: EUR/AUD

By: Dima Chernovolov

13/05/2012

Daily Forex Update: CAD/JPY

By: Dima Chernovolov

10/05/2012

Daily Forex Update: GBP/JPY

By: Dima Chernovolov