Short Term Analysis – December 12, 2006

by ForexCycle.com | December 12, 2006 01:46
GBPUSD GBPUSD rebound from 1.9463, slightly above 38.2% retracement of 1.8834 to 1.9046. The pair may be bottoming on 4 hours chart, key resistance is at 1.9728, and a break above this level may confirm the cycle...

Short Term Analysis – December 11, 2006

by ForexCycle.com | December 11, 2006 07:53
USDJPY USDJPY is moving higher to test the price channel resistance at 117.00, and down trend would resume after touching this level. On the other side, if 117.00 gives way, more sharply rise towards 117.50 can be...

Short Term Analysis – December 8, 2006

by ForexCycle.com | December 8, 2006 02:03
USDJPY USDJPY is testing the resistance of the down trend line. The pair may be bottoming at 114.41 on 4 hours chart, key resistance is now at 115.36, a break above this level may confirm the cycle...

Short Term Analysis – December 7, 2006

by ForexCycle.com | December 7, 2006 03:10
AUDUSD AUDUSD is in correction to the up trend, and f further fall towards 0.7820 level is still possible in a couple of days. Key resistance is at 0.7925, a break above this level may signal the...

Short Term Analysis – December 6, 2006

by ForexCycle.com | December 6, 2006 01:15
AUDUSD Key support at 0.7847 is broken below, AUDUSD topped at 0.7925 on 4 hours chart. Further fall towards 0.7820 level is still possible in a couple of days. Key resistance is now at 0.7925, a break...

Short Term Analysis – December 5, 2006

by ForexCycle.com | December 5, 2006 02:09
EURUSD No change in our view, EURUSD stays in the rising price channel and the bias remains bullish. Further rise towards 1.3400 level can be expected later today. Near term support comes at 1.3219, as long as...

Short Term Analysis – December 4, 2006

by ForexCycle.com | December 4, 2006 03:11
EURUSD EURUSD stays in the rising price channel and is in up trend. More sharply rise towards 1.3500 level can be expected in the next several days. Near term support is at the price channel, and up...

Short Term Analysis – December 1, 2006

by ForexCycle.com | December 1, 2006 02:11
GBPUSD GBPUSD stays in the rising price channel and is in up trend. More sharply rise towards 2.000 level can be expected next week. Near term support is at the price channel, and up trend will contain...