Short Term Analysis – November 16, 2007

by ForexCycle.com | November 16, 2007 00:30
USDCHFUSDCHF is in consolidation to the down trend. Further rebounded towards 1.1300 area to reach the next short term cycle top is still in favor. Near term support is at 1.1176, a break below this level will...

Short Term Analysis – November 15, 2007

by ForexCycle.com | November 15, 2007 02:49
EURUSDBeing support by the price channel, EURUSD rebounded from 1.4519. Sideways consolidation will more likely be seen, and pullback below 1.4519 is still possible before breaking of 1.4751 level. Key resistance is at 1.4751, a break above...

Short Term Analysis – November 14, 2007

by ForexCycle.com | November 14, 2007 03:12
EURUSD is forming a cycle top at 1.4751 level on daily chart. Further pullback towards to the up trend line from 1.3550 to 1.4125 is expected, and breaking below the trend line support to reach the next...

Short Term Analysis – November 13, 2007

by ForexCycle.com | November 13, 2007 03:12
EURUSDEURUSD broke below the up trend line from 1.4125 to 1.4442 and formed a short term cycle top at 1.4751. Further pullback towards 1.4400 area to reach the next short term cycle bottom can be seen in...

Short Term Analysis – November 12, 2007

by ForexCycle.com | November 12, 2007 01:05
USDJPYUSDJPY broke below 111.59 (Aug low) long term key support. Further fall towards 108.00 is still possible in a couple of days. Near term resistance is at the down trend line, and as long as the trend...

Short Term Analysis – November 9, 2007

by ForexCycle.com | November 9, 2007 01:35
EURUSDEURUSD is in up trend. As long as the up trend line from 1.4125 to 1.4442 holds, we expect up trend will continue, and further rise towards 1.5000 can be seen after a slightly consolidation. Near term...

Short Term Analysis – November 8, 2007

by ForexCycle.com | November 8, 2007 01:34
EURUSDEURUSD is in up trend. The rise from 1.4125 extended to as high as 1.4728. Further rise towards 1.5000 is still possible after consolidation. Near term support is at the up trend line from 1.4125 to 1.4442,...

Short Term Analysis – November 7, 2007

by ForexCycle.com | November 7, 2007 03:52
AUDUSD break above the previous high resistance at 0.9342. Further rise towards 0.9600 area can be seen in the next several days. Near term support is at the up trend line from 0.7675 to 0.8748, and as...

Short Term Analysis – November 6, 2007

by ForexCycle.com | November 6, 2007 02:32
USDCHFUSDCHF is in down trend. The fall from 1.1784 extended to as low as 1.1492 level. Further fall towards 1.1400 area to reach the next short term cycle bottom is still possible after a slightly correction. Near...

Short Term Analysis – November 5, 2007

by ForexCycle.com | November 5, 2007 02:42
EURUSDEURUSD is in up trend. The rise from 1.4125 extended to as high as 1.4527. Further rise towards 1.4600 area to reach the next short term cycle top is still possible later today. Near term support is...