Short Term Analysis – Feb 22, 2008

by ForexCycle.com | February 22, 2008 02:09
USDCHF Analysis.USDCHF broke below the previous low support at 1.0884 and reached as low as 1.0865 level. Further fall to test 1.0729 (Feb 1 low) could still be seen next week. Near term resistance is at 1.1031,...

Short Term Analysis – Feb 21, 2008

by ForexCycle.com | February 21, 2008 01:48
USDCAD Analysis.USDCAD is forming a short term cycle top at 1.0198 level. Sideways consolidation is expected in a couple of days. Near term resistance is at 1.0198, a break of the level will signal the resumption of...

Short Term Analysis – Feb 20, 2008

by ForexCycle.com | February 20, 2008 02:21
USDCHF is forming a cycle top at 1.1105 level on daily chart, key support is now at 1.0884 level, a break of this level will confirm the cycle top, and further fall to test the previous low...

Short Term Analysis – Feb 19, 2008

by ForexCycle.com | February 19, 2008 02:42
EURUSD Analysis.EURUSD is in up trend. The pullback from 1.4707 is treated as consolidation to the up trend. Further rise to 1.4800 area is still possible after consolidation. Near term support is at the rising price channel,...

Short Term Analysis – Feb 18, 2008

by ForexCycle.com | February 18, 2008 02:12
GBPUSD Analysis.GBPUSD formed a short term cycle top at 1.9737 on 4-hour chart. Further pullback to test the previous low support at 1.9386 is still possible in a couple of days. Near term resistance is at 1.9737,...

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...