Archive for October, 2007
Short Term Analysis - October 30, 2007
GBPUSD
GBPUSD is testing the resistance at 2.0652 (Jul 24 high), rise above this level can be seen after a slightly consolidation. Near term support is at 2.0424, and as long as this support holds, up trend will continue.
Short Term Analysis - October 26, 2007
USDCAD
USDCAD is in down trend. The fall from 1.0866 (Aug 16 high) extended to as low as 0.9612. Further fall towards 0.9400 is expected. Near term resistance is at 0.9824, as long as this resistance holds, down trend will continue.
Short Term Analysis - October 25, 2007
USDCAD
USDCAD formed a short term cycle top at 0.9824 and broke below 0.9632 previous low. Further fall towards 0.9400 is expected. Near term resistance is at 0.9824, as long as this resistance holds, down trend will continue.
Short Term Analysis - October 24, 2007
GBPUSD is in up trend, further rise above 2.0652 (July 24 high) to reach the next cycle top on daily chart can be seen in the next several days. Near term support is at the up trend line from 1.9652 to 1.9879, as long as this trend line support holds, up trend will continue. For long term analysis, GBPUSD bottomed at 1.9652 on weekly chart. Further rise towards 2.1000 area to reach the next cycle top is expected.
Please click the following links for more short term and long term forex analysis.
USDCHF | USDJPY | EURUSD | GBPUSD | USDCAD | AUDUSD
Sponsors
Forex Articles
Forex Reviews
Powerful Profit System
Short Term Analysis - October 23, 2007
EURUSD
EURUSD formed a short term cycle top at 1.4348, and pulled back to as low as 1.4125. Further fall towards 1.4014 previous low is still possible in a couple of days. However, the fall from 1.4348 is treated as correction to the up trend, a break above 1.4348 level will signal the resumption of the up trend, and rise towards 1.4500 area is still in favor.
Short Term Analysis - October 22, 2007
EURUSD
EURUSD is in up trend. The rise from 1.4014 (Oct 9 low) extended to as high as 1.4348. Further rise towards 1.4500 is still possible in the next several days. Near term support is at the up trend line, and as long as the trend line support holds, up trend will continue.
Short Term Analysis - October 19, 2007
USDCAD
USDCAD is in down trend, the rebound from 0.9700 is treated as consolidation to the down trend, and further fall towards 0.9600 is still possible after consolidation. Near term resistance is at 0.9820 and followed by 0.9894, only rise above 0.9894 level will signal the reversal to the up down trend.
Short Term Analysis - October 18, 2007
AUDUSD
AUDUSD is forming a short term cycle bottom at 0.8815. Sideways consolidation in a range between 0.8794 and 0.9077 will more likely be seen in the next several days. Key resistance is at 0.9077, a break above this level will signal the resumption of the up trend, and further rise towards 0.9200 is expected to follow.
Short Term Analysis - October 17, 2007
USDCHF is topping at 1.1891 on daily chart. Pullback towards 1.1622 previous low is expected, and a break below this level will signal the resumption of the down trend. Near term resistance is at 1.1891, if gives way, rise towards 1.1950 can be seen. For long term analysis, USDCHF is in long term bearish movement, fall towards 1.1287 (2004 low) to reach the next cycle bottom on weekly chart is expected.
USDCHF | USDJPY | EURUSD | GBPUSD | USDCAD | AUDUSD
Sponsors
Forex Articles
Forex Reviews
Powerful Profit System
Short Term Analysis - October 16, 2007
USDJPY
USDJPY is forming a short term cycle top at 117.93 on 4 hours chart, fall towards 116.00 is expected, and a break below the trend line support will confirm such case. Near term resistance is at 117.93, if gives way, further rise towards 118.50 can be seen.
Other finance sites
Loans
All About Loans is designed to help you get the best loan available at the lowest interest rate possible. Apply for your loan online and receive a free quote.
Debt Management
Debt Management is a system which decides how much an individual or family can afford to pay their creditors each month.
bridging loan
National Credit specialists in bridging loads and credit, clear lending rates and great fast service. Easy loan application.
Bankruptcy Information
Do you need bankruptcy information. Our aim is to find the best way for our clients to avoid bankruptcy.
IVA Info
Need info about an IVA? See IVA Info UK. Free help advice and information on debt and IVA related issues.
Car Insurance
Check out this site for a comparison of car insurance rates..
Debt
Have you been struggling with mounting debt? There are a range of options for you to consider. Find out more online at The Debt Clinic.
Secured Loans In Uk
Visit this free resource site for all you need to know about secured loans.