Short Term Analysis – September 28, 2007

by ForexCycle.com | September 28, 2007 01:45
EURUSDEURUSD is in up trend, the rise form 1.3360 (Aug 16 low) extended to as high as 1.4189, further rise towards 1.4250 to reach the next cycle top on 4 hours chart is still possible later today....

Short Term Analysis – September 27, 2007

by ForexCycle.com | September 27, 2007 02:46
EURUSDEURUSD is in up trend, further rise towards 1.4200 to reach the next cycle top on 4 hours chart is still possible later today. Near term support is at the up trend line from 1.3550 to 1.3827,...

Short Term Analysis – September 26, 2007

by ForexCycle.com | September 26, 2007 03:12
AUDUSD is in up trend, and further rise towards 0.8870 previous high is expected. Near term support is at the up trend line from 0.7675 to 0.8275, a break below the trend line support will signal consolidation...

Short Term Analysis – September 25, 2007

by ForexCycle.com | September 25, 2007 01:35
EURUSDEURUSD is in consolidation to the up trend. Further fall towards 1.4030 to reach the next cycle bottom is still possible in the next several days. Near term support is at the up trend line from 1.3550...

Short Term Analysis – September 24, 2007

by ForexCycle.com | September 24, 2007 01:15
USDCADAs expected, USDCAD broke below 1.0000, and the fall from 1.0589 extended to as low as 0.9935. Further fall towards 0.9800 to reach the next cycle bottom on 4 hours chart is still possible later today. Near...

Short Term Analysis – September 20, 2007

by ForexCycle.com | September 20, 2007 03:54
USDJPYNo changed in our view, USDJPY is forming a sideways consolidation in a range between 111.59 (Aug 17 low) and 117.11 (Aug 23 high). Further rise towards 117.11 to reach the next cycle top on 4 hours...

Short Term Analysis – September 19, 2007

by ForexCycle.com | September 19, 2007 05:58
GBPUSD formed a cycle top at 2.0365 on daily chart. However, the fall from 2.0365 is treated as correction to the up trend, rise above 2.0652 is still in favor, and a break above 1.0365 previous high...

Short Term Analysis – September 18, 2007

by ForexCycle.com | September 18, 2007 02:04
GBPUSDGBPUSD is in down trend, the fall from 2.0365 extended to as low as 1.9879, and further fall towards 1.9652 (Aug 17 low) is still possible in the next several days. Near term resistance is at 2.0030,...

Short Term Analysis – September 17, 2007

by ForexCycle.com | September 17, 2007 01:00
AUDUSDAUDUSD is testing the previous high resistance at 0.8438, rise above this level will signal resumption to the up trend and further rise towards 0.8550 can be seen. Key support is at 0.8342, a break below this...

Short Term Analysis – September 13, 2007

by ForexCycle.com | September 13, 2007 01:28
USDJPYUSDJPY is forming a sideways consolidation in a range between 111.59 (Aug 17 low) and 117.11 (Aug 23 high). Rise towards 116.00 to reach the next cycle top on 4 hours chart is expected. Near term support...