Short Term Analysis – April 11, 2007
GBPUSDNo changed in our view, GBPUSD topped at 1.9824, the up trend from 1.9183 (the day low of Mar 5) finished. The pair is now in down trend, the rise from 1.9590 is treated as in correction...
Author: ForexCycle.com
Short Term Analysis – April 10, 2007
EURUSDEURUSD is bottomed at 1.3339 on 4 hours chart, and further rise towards 1.3441 is possible later today. The rise from 1.9590 is treated as in correction to the down trend, and fall below 1.9545 is still...
Short Term Analysis – April 9, 2007
AUDUSDAUDUSD is in up trend, the fall from 0.8210 is treated as in correction to the up trend, and further rise towards 0.8300 is still possible in the next several days. Near term support is at the...
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Short Term Analysis – April 6, 2007
GBPUSDGBPUSD topped at 1.9824 on 4 hours chart, and is testing the up trend line support, if the trend line support gives way, further fall below 1.9545 previous low support can be expected in the next several...
Short Term Analysis – April 4, 2007
EURUSDNo changed in our view, EURUSD formed a sideways consolidation in a range between 1.3253 and 1.3410, fall towards 1.3070 (the day low of Mar 5) can be expected in the next several days, and a break...
Short Term Analysis – April 3, 2007
USDCADUSDCAD broke above the down trend line resistance, further rise towards 1.1613 to reach the next cycle top is still possible later today. Near term support is at 1.1498, a break below this level will signal the...
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Short Term Analysis – April 2, 2007
USDCADUSDCAD broke below the key support at 1.1528, and down trend resumed. Further fall towards 1.1450 is still possible later today. Near term resistance is at the down trend line from 1.1787 to 1.1613, and followed by...
Short Term Analysis – March 30, 2007
AUDUSDAUDUSD formed a sideways consolidation in a range between 0.8028 and 0.8108. Fall towards 0.8000 level is still possible in the next several days, and a break below 0.8035 level will confirm such case. Near term resistance...