Short Term Analysis – March 30, 2007

by ForexCycle.com | March 30, 2007 00:48
AUDUSDAUDUSD formed a sideways consolidation in a range between 0.8028 and 0.8108. Fall towards 0.8000 level is still possible in the next several days, and a break below 0.8035 level will confirm such case. Near term resistance...

Short Term Analysis – March 28, 2007

by ForexCycle.com | March 28, 2007 01:09
AUDUSDAUDUSD is testing the price channel support, break below 0.8570 level will indicate lengthier correction to the up trend is underway, and pullback towards 0.8028 previous low can be expected in a couple of days. Near term...

Short Term Analysis – March 27, 2007

by ForexCycle.com | March 27, 2007 02:26
EURUSDEURUSD topped at 1.3410 on 4 hours, the rise from 1.3253 is treated as in correction to the down trend, further fall towards 1.3086 previous low is still in favor, and a break below 1.3253 level will...

Short Term Analysis – March 26, 2007

by ForexCycle.com | March 26, 2007 02:41
EURUSDKey support at 1.3271 is broken below, EURUSD topped at 1.3410 on 4 hours chart. Further fall towards 1.3200 can be expected in the next several days. We have to change our view on medium term analysis....

Short Term Analysis – March 23, 2007

by ForexCycle.com | March 23, 2007 03:04
USDJPYNo changed in our view, USDJPY bottomed at 115.75 on 4 hours chart. Further rise above 118.49 previous high to reach the next cycle top on 4 hours chart can be expected later today. Near term support...

Short Term Analysis – March 22, 2007

by ForexCycle.com | March 22, 2007 02:37
USDCHFUSDCHF topped at 1.2166 on 4 hours chart, near term support is at 1.2029, a break below this level will signal the resumption of the down trend. Near term resistance is at 1.2166, break above this level...

Short Term Analysis – March 21, 2007

by ForexCycle.com | March 21, 2007 01:39
USDCAD As expected, USDCAD broke below the up trend line support and topped at 1.1787 on 4 hours chart, and sharply fall from 1.1787 extended to as low as 1.1599 so far. Further fall below 1.1564 previous...

Short Term Analysis – March 20, 2007

by ForexCycle.com | March 20, 2007 03:03
USDCAD No changed in our view, USDCAD is in correction to the down trend, further rise towards 1.1825 to reach the next cycle top on 4 hours chart is still possible later today. Near term support is...

Short Term Analysis – March 19, 2007

by ForexCycle.com | March 19, 2007 02:42
EURUSD Up trend of EURUSD extended to as high as 1.3338 last week. The next cycle top on 4 hours chart is nearing now, and a sideways consolidation can be expected before breaking above 1.3364 (the day...

Short Term Analysis – March 16, 2007

by ForexCycle.com | March 16, 2007 02:18
EURUSD EURUSD break above the previous high resistance at 1.3259 is reach 1.3304 so far. Further rise towards 1.3364 (the day high of Dec 8, 2006) is still possible later today. Near term support is at the...