Short Term Analysis – January 31, 2007

by ForexCycle.com | January 31, 2007 01:30
EURUSD EURUSD will form a sideways consolidation in a range between 1.2876 and 1.3042. A break below 1.2876 indicates the medium term bearish movement is underway, and further fall towards 1.2750 level can be expected. On the...

Short Term Analysis – January 30, 2007

by ForexCycle.com | January 30, 2007 02:25
EURUSD EURUSD broke above the down trend line resistance and bottomed at 1.2876 on 4 hours chart. The rebound from 1.2876 is treated as in correction to the down trend, further fall below 1.2876 can be expected...

Short Term Analysis – January 29, 2007

by ForexCycle.com | January 29, 2007 02:03
EURUSD EURUSD is in down trend, further fall below 1.2865 previous low is still possible later today. Near term resistance is at the down trend line, now at 1.2952. key support is at 1.2865, a break below...

Short Term Analysis – January 26, 2007

by ForexCycle.com | January 26, 2007 02:39
USDCHF USDCHF is bottoming at 1.2374 on 4 hours chart, key resistance is now at 1.2496, a break above this level will confirm the cycle bottom. Near term support is at 1.2420 and followed by 1.2374, only...

Short Term Analysis – January 25, 2007

by ForexCycle.com | January 25, 2007 02:22
USDCHF Being contained by the up trend line from 1.1881 to 1.2111, USDCHF rebound from 1.2374 and reach 1.2496 high. Further fall below 1.2374 to reach the next cycle bottom is still possible in a couple of...

Short Term Analysis – January 24, 2007

by ForexCycle.com | January 24, 2007 01:27
EURUSD Resistance at 1.2998 is broken above, EURUSD is in up trend, more sharply rise towards 1.3100 level is still possible later today. Near term support is at 1.2921, only break below this level may signal the...

Short Term Analysis – January 23, 2007

by ForexCycle.com | January 23, 2007 03:24
EURUSD EURUSD traded in a narrow range between 1.2895 and 1.2998. Break above 1.2998 indicate the medium term up trend is underway. Near term support is at 1.2895, and followed by 1.2865, only break below the key...

Short Term Analysis – January 22, 2007

by ForexCycle.com | January 22, 2007 01:18
EURUSD Key resistance at 1.2988 is broken above, EURUSD bottomed at 1.2865 on 4 hours chart. Further rise above 1.3014 to reach the next cycle top on daily chart can be expected in the next several days....

Short Term Analysis – January 19, 2007

by ForexCycle.com | January 19, 2007 02:24
EURUSD EURUSD is bottoming at 1.2865 on 4 hours chart, key resistance is at 1.2988, a break above this level may confirm the cycle bottom, and further rise above 1.3014 to reach the next cycle top on...

Short Term Analysis – January 18, 2007

by ForexCycle.com | January 18, 2007 02:12
AUDUSD Previous high resistance at 0.7858 is broken above, AUDUSD will rise towards the top of the price channel to reach the next cycle top on 4 hours chart later today. Near term support is at the...