Daily Forex Analysis

Short Term - Daily Forex Analysis – April 9, 2013

USDJPY continues its upward movement from 92.56, and the rise extends to as high as 99.66. Further rise is still possible after a minor consolidation, and next target would be at 101.00 area.

Daily Forex Analysis

Daily Forex Analysis – USDCHF’s fall from 0.9552 extends to as low as 0.9436. However, the fall is likely consolidation of the uptrend from 0.9021.