Short Term Analysis – Feb 15, 2008

by ForexCycle.com | February 15, 2008 00:56
GBPUSD Analysis.GBPUSD formed a short term cycle bottom at 1.9386 level on 4-hour chart. The rise from 1.9386 extended to as high as 1.9737. Further rally towards 1.9850 area to reach the next cycle top is still...

Short Term Analysis – Feb 14, 2008

by ForexCycle.com | February 14, 2008 01:08
USDCHF Analysis.USDCHF broke above the previous high resistance at 1.1102. Further rally to test 1.1189 (Jan 8 high) resistance is still possible in a couple of days. Near term support is at the up trend line, and...

Short Term Analysis – Feb 13, 2008

by ForexCycle.com | February 13, 2008 02:45
EURUSD is forming a cycle bottom on daily chart, and the fall from 1.4951 has completed at 1.4438 level. Further rise to test the previous high resistance at 1.4966 is expected, and a break of 1.4670 level...

Short Term Analysis – Feb 11, 2008

by ForexCycle.com | February 11, 2008 02:59
USDCHF Analysis.USDCHF might be forming a short term cycle top at 1.1102 level on 4-hour chart. Key support is at 1.0932, a breakdown of this level will confirm the cycle top, and deeper decline to test the...

Short Term Analysis – Feb 9, 2008

by ForexCycle.com | February 9, 2008 03:24
EURUSD is forming a sideways consolidation in a range between 1.4309 and 1.4966. Further pullback to the up trend line from 1.4309 to 1.4365 to reach the next cycle bottom on daily chart could still be seen...

Short Term Analysis – Feb 5, 2008

by ForexCycle.com | February 5, 2008 02:11
USDJPY AnalysisNo changed in our view, USDJPY is forming a sideways consolidation in a range between 104.96 and 107.91. Further pullback towards 104.96 previous low to reach the next short term cycle bottom on 4-hour chart is...

Short Term Analysis – Feb 4, 2008

by ForexCycle.com | February 4, 2008 02:21
USDJPY AnalysisUSDJPY is forming a sideways consolidation in a range between 104.96 and 107.91. Further fall towards 104.96 previous low to reach the next short term cycle bottom on 4-hour chart is possible later today. Key support...