Short Term Analysis – August 14, 2006
EURUSD EURUSD is in down trend, further fall to test the near term support at 1.2659 level is possible later to day. On the other side, the fall from 1.2911 is treated as in correction of the...
Author: ForexCycle.com
Short Term Analysis – August 11, 2006
USDCHF USDCHF is in correction to the down trend. Further rise to test 1.2422 previous high is possible later today. On the other side, we don’t want to treat USDCHF as in up trend at this moment,...
Short Term Analysis – August 10, 2006
USDCHF USDCHF is forming a sideways consolidation nearing to the medium term support at 1.2182 (the day low of July 7). This support is more likely to be broken soon after this sideways consolidation. Key resistance is...
Short Term Analysis – August 9, 2006
USDCHF USDCHF bottomed on 4 hours chart and is treated as in correction to the down trend. Further rise higher to test the resistance at 1.2354 is possible later today, a break above this level may delay...
Short Term Analysis – August 8, 2006
USDCHF USDCHF is in down trend, the rebound from 1.2191 is possibly be a correction to the down trend, and the down trend will resume after broken below the support at 1.2191. Key resistance is at 1.2354,...
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Short Term Analysis – August 7, 2006
USDCHF? USDCHF fall below 1.2254 support last Friday, it is testing the long term support at 1.2182, a break below this level may signal the long term bearish movement. Key resistance is now at 1.2354, only break...
EURUSD is in up trend
EURUSD is in up trend, it?s moving higher to reach its cycle top, this cycle top will appear after August 10, and the target of the cycle top would be over 1.2978 (the day high of June...
Short Term Analysis – August 4, 2006
USDCHF? The down trend line is broken above, USDCHF is forming a sideways consolidation on 4 hours chart. Further fall below 122.54 previous low support is possible after this consolidation. Key resistance is at 1.2365, only break...