Daily Forex Analysis – August 30, 2011

by ForexCycle.com | August 30, 2011 01:11
USDCHF Analysis. USDCHF’s upward move from 0.7067 extended further to as high as 0.8240. Support is now at 0.8075, as long as this level holds, uptrend could be expected to continue, and another rise to 0.8400 is...

Daily Forex Analysis – August 29, 2011

by ForexCycle.com | August 29, 2011 01:16
GBPUSD Analysis. GBPUSD rebounded from 1.6208, suggesting that a cycle bottom has been formed on 4-hour chart. Range trading between 1.6208 and 1.6460 is expected in a couple of days, as long as 1.6460 resistance holds, the...

Daily Forex Analysis – August 26, 2011

by ForexCycle.com | August 26, 2011 02:08
USDCHF Analysis. USDCHF moved sideways without trend in  a range between 0.7769 and 0.8014. Lengthier consolidation in the range is still possible in a couple of days. Key support is at 0.7769, as long as this level...

Daily Forex Analysis – August 25, 2011

by ForexCycle.com | August 25, 2011 02:30
USDCHF Analysis. USDCHF moved sideways in a narrow range between 0.7769 and 0.8014. The sideways move is treated as consolidation of uptrend from 0.7067, as long as 0.7769 support holds, one more rise to 0.8200 is possible....

Daily Forex Analysis – August 24, 2011

by ForexCycle.com | August 24, 2011 03:57
AUDUSD Analysis. AUDUSD has formed a cycle bottom at 1.0315 on 4-hour chart. Further rise to test 1.0601 resistance is expected later today, a break above this level could signal resumption of uptrend. Initial support is at...

Daily Forex Analysis – August 23, 2011

by ForexCycle.com | August 23, 2011 02:23
EURUSD Analysis. Being contained by 1.4535 resistance, EURUSD pulled back from 1.4517, suggesting that the rise from 1.4055 has completed. Another fall towards 1.3900 would likely be seen, and a breakdown below 1.4259 could signal resumption of...

Daily Forex Analysis – August 22, 2011

by ForexCycle.com | August 22, 2011 01:04
USDCHF Analysis. USDCHF moved sideways in a range between 0.7769 and 0.8014. Key support is at 0.7769, as long as this level holds, the price action in the range is treated as consolidation of uptrend, and one...

Daily Forex Analysis – August 19, 2011

by ForexCycle.com | August 19, 2011 03:22
USDCHF Analysis. USDCHF stays in a trading range between 0.7769 and 0.8014. The price action in the range is treated as consolidation of uptrend from 0.7067. As long as 0.7769 support holds, uptrend could be expected to...