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Archive for October, 2006

Short Term Analysis – October 3, 2006

Tuesday, October 3rd, 2006

EURUSD

20061003_eurusd_1.gifAs expected, EURUSD broke the key resistance at 1.2732 and bottomed at 1.2639 low. Further rise towards 1.2800 to reach the next cycle top is possible in the next couple of days. (more…)

Short Term Analysis – October 2, 2006

Monday, October 2nd, 2006

EURUSD

20061002_eurusd_1.gifEURUSD is bottoming at 1.2639, key resistance is at 1.2732, a break above this level may confirm the cycle bottom, and further rise towards 1.2800 level can be expected after the key resistance is broken above. (more…)


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