Forex Economic News: June 26

EURUSD Analysis.
EURUSD remains in downtrend from 1.3415, the rise from 1.3059 is treated as consolidation of the downtrend. Another fall could be expected after consolidation, and a breakdown below this level could trigger another fall to 1.3000 zone. Resistance is at 1.3175, only break above this level could signal completion of the downtrend.

Forex: eurusd technical analysis Wednesday, June 26, 2013

GBPUSD Analysis.
GBPUSD remains in downtrend from 1.5751, the rise from 1.5343 could be treated as consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.5300 area. Key resistance is at 1.5530, only break above this level could signal completion of the downtrend.

Forex: gbpusd technical analysis Wednesday, June 26, 2013

USDCHF Analysis.
USDCHF’s upward movement from 0.9130 extends to as high as 0.9407. Further rise is still possible, and next target would be at 0.9450 area. Support is at 0.9310, only break below this level could signal completion of the uptrend.

Forex: usdchf technical analysis Wednesday, June 26, 2013

USDJPY Analysis.
USDJPY traded in a narrow range between 96.86 and 98.70. The price action in the range is likely consolidation of the uptrend from 93.79. Further rise would likely be seen after consolidation, and next target would be at 100.00 area. Key support is at 96.86, only break below this level will indicate that the uptrend from 93.79 had completed at 98.70 already, then the following downward movement could bring price back to 95.50 zone.

Forex: usdjpy technical analysis Wednesday, June 26, 2013

Forex Economic News

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Wednesday, June 26, 2013

Forex Trading Signals : Wednesday, June 26, 2013 | eurusd gbpusd usdchf usdjpy

Forex Technical Analysis: eurusd gbpusd usdchf usdjpy Wednesday, June 26, 2013