Short Term Analysis – July 31, 2007

by ForexCycle.com | July 31, 2007 02:24
EURUSDEURUSD bottomed on 4 hours chart, and the fall from 1.3851 completed at 1.3609 level. Further rise towards 1.3851 previous high is expected to follow in the next several days. Near term support is at 1.3609, only...

Short Term Analysis – July 30, 2007

by ForexCycle.com | July 30, 2007 01:10
USDJPYUSDJPY is bottoming at 117.97 on 4 hours chart, key resistance is at the down trend line from 122.39 to 120.72, a break above the trend line resistance will confirm the cycle bottom. Near term support is...

Short Term Analysis – July 27, 2007

by ForexCycle.com | July 27, 2007 01:55
EURUSDEURUSD topped at 1.3851 on 4 hours chart. Sideways consolidation will be seen in the next several days and pullback towards 1.3600 area is expected to follow. Key resistance is at 1.3851, only break above this level...

Short Term Analysis – July 26, 2007

by ForexCycle.com | July 26, 2007 00:18
EURUSDEURUSD broke below the key support at 1.3752 and topped at 1.3851 on 4 hours chart. Sideways consolidation will be seen in the next several days. Key resistance is at 1.3851, only break above this level will...

Short Term Analysis – July 25, 2007

by ForexCycle.com | July 25, 2007 01:05
EURUSDEURUSD is in up trend, the rise from 1.3262 extended to as high as 1.3851, further rise towards 1.3900 is still possible in the next several days. Key support is at 1.3752, a break below this level...

Short Term Analysis – July 23, 2007

by ForexCycle.com | July 23, 2007 00:21
EURUSDBeing contained by the up trend line from 1.3422 to 1.3594, EURUSD rebounded from 1.3778 and broke above 1.3833 previous high. Up trend of EURUSD resumed, further rise towards 1.3900 is expected to follow in the next...

Short Term Analysis – July 20, 2007

by ForexCycle.com | July 20, 2007 01:44
AUDUSDAUDUSD is in up trend, the rise from 0.8355 extended to as high as 0.8808, further rise towards 0.8850 is still possible in the next several days. However, the next short term cycle top on 4 hours...

Short Term Analysis – July 19, 2007

by ForexCycle.com | July 19, 2007 02:19
EURUSDEURUSD is forming a short term cycle top at 1.3833, pullback towards 1.3700 area will more likely be seen in the next several days. Near term support is at the up trend line from 1.3422 to 1.3594,...

Short Term Analysis – July 18, 2007

by ForexCycle.com | July 18, 2007 01:42
EURUSDEURUSD is in up trend, further rise towards 1.3850 to reach the next cycle top on 4 hours chart is still possible later today, and the next cycle top is nearing. Near term support is at 1.3755,...

Short Term Analysis – July 17, 2007

by ForexCycle.com | July 17, 2007 07:07
USDCHFUSDCHF formed a sideways consolidation in a narrow range. Further fall towards 1.1879 (2006 low) is still in favor after consolidation. Near term resistance is at 1.2067, and break above this level to reach the next cycle...