Short Term Analysis – January 18, 2007

by ForexCycle.com | January 18, 2007 02:12
AUDUSD Previous high resistance at 0.7858 is broken above, AUDUSD will rise towards the top of the price channel to reach the next cycle top on 4 hours chart later today. Near term support is at the...

Short Term Analysis – January 17, 2007

by ForexCycle.com | January 17, 2007 02:20
AUDUSD AUDUSD fell from 0.7858 and reached the bottom of the price channel, beak below the channel support may signal the resumption of the down trend, and further decline towards 0.7759 is possible in the next several...

Short Term Analysis – January 16, 2007

by ForexCycle.com | January 16, 2007 02:21
GBPUSD GBPUSD is in up trend, further rise towards 1.9750 previous high to reach the next cycle top can be expected in the next several days. Near term support is at 1.9500, only break below this level...

Short Term Analysis – January 15, 2007

by ForexCycle.com | January 15, 2007 00:47
GBPUSD GBPUSD rebounded from 1.9260 and reached 1.9606 high last week. Further rise towards 1.9750 previous high can be expected in a couple of days. Near term support is at 1.9420, only break below this level may...

Short Term Analysis – January 12, 2007

by ForexCycle.com | January 12, 2007 01:06
GBPUSD GBPUSD rose above 1.9454 previous high, further rally towards 1.9750 level to reach the next cycle top on 4 hours chart is possible in the next several days. Near term support is at 1.9316 and followed...

Short Term Analysis – January 11, 2007

by ForexCycle.com | January 11, 2007 02:38
AUDUSD AUDUSD is in correction to the down trend, further rise towards 0.7850 previous high to reach the next cycle top on 4 hours chart is possible later today. Near term support is at 0.7759, a break...

Short Term Analysis – January 10, 2007

by ForexCycle.com | January 10, 2007 01:20
AUDUSD AUDUSD is bottoming at 0.7780 on 4 hours chart, key resistance is now at 0.7833, a break above this level may confirm the cycle bottom. Near term support is at 0.7780, only break below this level...

Short Term Analysis – January 09, 2007

by ForexCycle.com | January 9, 2007 00:54
AUDUSD The down trend line resistance is broken above, AUDUSD is bottoming at 0.7780 on 4 hours chart. The pair is now in correction of the down trend, and further fall towards 0.7600 can be expected after...

Short Term Analysis – January 08, 2007

by ForexCycle.com | January 8, 2007 02:35
USDCAD USDCAD is topping at 1.1786 on 4 hours chart, further fall towards the up trend line is possible later today, and a slightly correction will be formed before the resumption of the up trend. Near term...

Short Term Analysis – January 05, 2007

by ForexCycle.com | January 5, 2007 00:12
EURUSD EURUSD fell below 1.3088 previous low support, further decline towards 1.3051 (the day low of Dec 18) is possible later today, and a slightly break below this level to form another cycle bottom can be expected...