Short Term Analysis – March 26, 2007

by ForexCycle.com | March 26, 2007 02:41
EURUSDKey support at 1.3271 is broken below, EURUSD topped at 1.3410 on 4 hours chart. Further fall towards 1.3200 can be expected in the next several days. We have to change our view on medium term analysis....

Short Term Analysis – March 23, 2007

by ForexCycle.com | March 23, 2007 03:04
USDJPYNo changed in our view, USDJPY bottomed at 115.75 on 4 hours chart. Further rise above 118.49 previous high to reach the next cycle top on 4 hours chart can be expected later today. Near term support...

Short Term Analysis – March 22, 2007

by ForexCycle.com | March 22, 2007 02:37
USDCHFUSDCHF topped at 1.2166 on 4 hours chart, near term support is at 1.2029, a break below this level will signal the resumption of the down trend. Near term resistance is at 1.2166, break above this level...

Short Term Analysis – March 21, 2007

by ForexCycle.com | March 21, 2007 01:39
USDCAD As expected, USDCAD broke below the up trend line support and topped at 1.1787 on 4 hours chart, and sharply fall from 1.1787 extended to as low as 1.1599 so far. Further fall below 1.1564 previous...

Short Term Analysis – March 20, 2007

by ForexCycle.com | March 20, 2007 03:03
USDCAD No changed in our view, USDCAD is in correction to the down trend, further rise towards 1.1825 to reach the next cycle top on 4 hours chart is still possible later today. Near term support is...

Short Term Analysis – March 19, 2007

by ForexCycle.com | March 19, 2007 02:42
EURUSD Up trend of EURUSD extended to as high as 1.3338 last week. The next cycle top on 4 hours chart is nearing now, and a sideways consolidation can be expected before breaking above 1.3364 (the day...

Short Term Analysis – March 16, 2007

by ForexCycle.com | March 16, 2007 02:18
EURUSD EURUSD break above the previous high resistance at 1.3259 is reach 1.3304 so far. Further rise towards 1.3364 (the day high of Dec 8, 2006) is still possible later today. Near term support is at the...

Short Term Analysis – March 15, 2007

by ForexCycle.com | March 15, 2007 02:45
USDCHF As expected, USDCHF broke below the previous low support at 1.2108. A sideways consolidation will be seen in the next several days. Near term resistance is at 1.2198, and near term support is at 1.2102, a...

Short Term Analysis – March 14, 2007

by ForexCycle.com | March 14, 2007 02:23
USDCHF USDCHF broke below the price channel support, and further fall below 1.2108 previous low to reach the next cycle bottom on 4 hours chart is still possible in the next several days. Near term resistance is...

Short Term Analysis – March 13, 2007

by ForexCycle.com | March 13, 2007 02:49
USDCHF Being contained by the price channel resistance, USDCHF pulled back from 1.2354 and broke below the key support at 1.2252. The pair topped at 1.2354 on 4 hours chart and further fall towards 1.2108 previous low...