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...

Short Term Analysis – January 04, 2007

by ForexCycle.com | January 4, 2007 02:08
USDCHF USDCHF rebounded from 1.2111 and broke above the key resistance at 1.2267, further rise towards 1.2350 level is still possible later today. Key support is now at 1.2111, only break below this level may signal the...

Short Term Analysis – January 03, 2007

by ForexCycle.com | January 3, 2007 02:37
USDCHF Key support at 1.2115 is broken below, USDCHF topped at 1.2267 on 4 hours chart and daily chart. Further decline towards 1.2000 area can be expected in a couple of days. Key resistance is at 1.2267,...

Short Term Analysis – December 29, 2006

by ForexCycle.com | December 29, 2006 02:07
EURUSD EURUSD is forming a triangle pattern on 4 hours chart and traded in a narrow range between 1.3088 and 1.3199. Key resistance is now at 1.3199, a break above this level may signal the resumption of...

Short Term Analysis – December 28, 2006

by ForexCycle.com | December 28, 2006 10:24
EURUSD EURUSD traded in a narrow range between 1.3088 and 1.3175. Near term resistance is at 1.3175, key resistance is at 1.3211, a break above this level may signal the resumption of the up trend. Near term...