Short Term Analysis – August 29, 2006

by ForexCycle.com | August 29, 2006 01:44
EURUSD EURUSD may be bottoming on 4 hours chart, key resistance is at 1.2851, a break above this level may signal the cycle bottom at 1.2725. On the other side, the fall from 1.2937 may not complete...

Short Term Analysis – August 28, 2006

by ForexCycle.com | August 28, 2006 01:49
EURUSD EURUSD is moving down to reach the next cycle bottom. Key resistance is at 1.2851, break above this level may signal the cycle bottom. Near term support is at 1.2695, it is more likely to be...

Short Term Analysis – August 25, 2006

by ForexCycle.com | August 25, 2006 00:49
GBPUSD GBPUSD traded in a range between 1.8774 and 1.9023 for about 15 business days. Break out this range is needed now. Key resistance is now at 1.8994, breaking above this level may signal the resumption of...

Short Term Analysis – August 24, 2006

by ForexCycle.com | August 24, 2006 02:42
AUDUSD AUDUSD topped at 0.7668 on 4 hours chart. Further fall below 0.7562 level will be seen in the next couple of days. Key resistance is at 0.7668, only rise above this level may signal the resumption...

Short Term Analysis – August 23, 2006

by ForexCycle.com | August 23, 2006 00:45
AUDUSD AUDUSD traded in a narrow range between 0.7609 and 0.7642 and is more likely to rise above 0.7642 to reach the next cycle top later today. But still, down trend would resume after this cycle top...

Short Term Analysis – August 22, 2006

by ForexCycle.com | August 22, 2006 00:38
EURUSD The rise from 1.2695 may completed and EURUSD is topping on 4 hours chart. The fall from 1.2937 may possibly be the resumption of the down trend. Key support is at 1.2780, a break below this...

Short Term Analysis – August 21, 2006

by ForexCycle.com | August 21, 2006 07:58
USDJPY USDJPY is in down trend, it would break down 115.18 previous low support to reach to its next cycle bottom on 4 hours chart in the next several days. The first target would be in 113.96-114.67...

Short Term Analysis – August 18, 2006

by ForexCycle.com | August 18, 2006 01:18
USDJPY USDJPY is bottoming on 4 hours chart, further rise above 116.74 previous high is possible in next several days. Key resistance is now at 116.37, a break above this level may signal the cycle bottom.

Short Term Analysis – August 16, 2006

by ForexCycle.com | August 16, 2006 00:15
USDJPY As expected, USDJPY pulled back from 116.74 and topped on 4 hours chart. Further fall towards 114.67 previous low support to reach its cycle bottom is possible in the next several days. Key resistance is at...

Short Term Analysis – August 15, 2006

by ForexCycle.com | August 15, 2006 00:45
USDCAD USDCAD is in up trend, further rise towards 1.1345 resistance is possible later today, a break above this level may signal the medium term bullish movement, and the target of this bullish movement would be above...