Archive for January, 2008
Short Term Analysis - Jan 16, 2008
USDCHF broke below 1.0890 previous low and reached as low as 1.0852. Sharply fall towards 1.0600 is still possible in the next several days. Near term resistance is at 1.1189, as long as this resistance holds, down trend will continue.
For long term analysis, USDCHF is in long term down trend, further fall towards 0.9000 to reach the next cycle bottom on weekly chart is expected.
More long term forex analysis.
See also
Forex Articles
Forex Reviews
Powerful Profit System
Short Term Analysis - Jan 15, 2008
USDCHF Analysis
USDCHF broke below the long term key support at 1.0890 (Nov 23, 2007 low), and is now in long term down trend. Further fall towards 1.0700 area to reach the next short term cycle bottom on 4-hour chart is still possible. Near term resistance is at 1.1046, only break of this level will signal consolidation to the down trend.
Short Term Analysis - Jan 14, 2008
EURUSD Analysis
EURUSD is testing the previous high resistance at 1.4823, break of this level can be seen later today, and further rise towards 1.4966 (Nov 23, 2007 high) is expected to follow. Key support is at 1.4581, as long as this support holds, up trend will continue.
Short Term Analysis - Jan 11, 2008
USDCHF Analysis
USDCHF break below 1.1017 previous low, and down trend resumes. Further fall below 1.0890 (Nov 23, 2007 low) is expected to follow. Near term resistance is now at 1.1189, as long as this resistance holds, down trend will continue.
Short Term Analysis - Jan 10, 2008
USDJPY Analysis
USDJPY formed a short term cycle bottom at 107.89 on 4-hour chart. Further rebound towards 112.00 area is still possible in a couple of days. Key support is at 107.89, only break below this level will signal the resumption of the down trend.
Short Term Analysis - Jan 9, 2008
GBPUSD is testing the support at 1.9652 (Aug 17, 2007 low). Further fall towards 1.9300 area is still in favor. Near term resistance is at the down trend line from 2.1161 to 2.0830, and as long as the trend line resistance holds, we’d expect down trend to continue.
For long term analysis, the pair formed a long term cycle top at 2.1161 on weekly chart. Further fall towards 1.8000 area is expected.
More long term forex analysis.
See also
Forex Articles
Forex Reviews
Powerful Profit System
Short Term Analysis - Jan 8, 2008
USDJPY Analysis
Being supported by the previous low support at 107.21, USDJPY rebound from 107.89, and further rise towards 112.00 area is still possible. Key support is at 107.21, the pair will find support at 105.00 area if this support gives way.
Short Term Analysis - Jan 7, 2008
USDCAD Analysis
USDCAD broke above 0.9970 previous high resistance and reached as high as 1.0042. Further rise towards 1.0248 (Dec 14, 2007 high) is still possible in a couple of days. Near term support is at 0.9841, only break below this level will signal the resumption of the down trend.
Short Term Analysis - Jan 4, 2008
USDCAD Analysis
USDCAD formed a short term cycle top at 0.9970. Pullback to retest the previous low support at 0.9756 is expected, and this support will more likely be held. Up trend will resume after testing 0.9756 level, and a break above 0.9970 level will signal the resumption of the up trend.
Short Term Analysis - Jan 3, 2008
USDCAD Analysis
USDCAD broke above the down trend line resistance and formed a short term cycle bottom at 0.9756 level on 4-hour chart, and the down trend from 1.0248 may complete at this level. Further rebound towards 1.0050 area to reach the next cycle top is still possible. Near term support is at 0.9756, only breakdown below this level will signal the resumption of the down trend.
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.
Umbrella Companies
Great choice of Umbrella Companies from the UK`s premier company.