Short Term Analysis – November 30, 2007

by ForexCycle.com | November 30, 2007 01:01
EURUSDEURUSD is testing the previous low support at 1.4711, if gives ways, the pair would find support at 1.4600 area. Key resistance is at 1.4966, a break of this level would signal the resumption of the up...

Short Term Analysis – November 29, 2007

by ForexCycle.com | November 29, 2007 02:11
USDCADUSDCAD is in up trend. The rise from 0.9056 extended to as high as 1.0000, and further rise towards 1.0100 to reach the next short term cycle top is still possible in the next several days. Near...

Short Term Analysis – November 28, 2007

by ForexCycle.com | November 28, 2007 02:27
USDJPY is in down trend. The fall from 117.93 extended to as low as 107.21. Further fall towards 105.00 is still possible in the next several days. Near term resistance is at the edge of the price...

Short Term Analysis – November 27, 2007

by ForexCycle.com | November 27, 2007 01:35
AUDUSDAUDUSD’s rise from 0.8651 is limited by the down trend line from 0.9068 to 0.8952. Fall towards 0.8500 to reach the next short term cycle bottom is still possible, and a break below 0.8651 previous will confirm...

Short Term Analysis – November 26, 2007

by ForexCycle.com | November 26, 2007 00:46
GBPUSDGBPUSD broke below 2.0526 key support and topped at 2.0762 on 4 hours chart. Further fall below 2.0352 previous low to reach the next short term cycle bottom is expected to follow, and a break below 2.0515...

Short Term Analysis – November 23, 2007

by ForexCycle.com | November 23, 2007 01:44
GBPUSDGBPUSD formed a short term cycle bottom at 2.0352. Further rebound towards 2.0843 to reach the next short term cycle top is still possible in the next several days. However, the rise from 2.0352 is treated as...

Short Term Analysis – November 22, 2007

by ForexCycle.com | November 22, 2007 03:26
USDCHFUSDCHF is in down trend. The fall from 1.1891 extended to as low as 1.1006. Further fall towards 1.0900 to reach the next short term cycle bottom is still possible in the next several days. Near term...

Short Term Analysis – November 21, 2007

by ForexCycle.com | November 21, 2007 01:47
EURUSD is forming a sideways consolidation to the up trend. Pullback towards 1.4400 to reach the next cycle bottom on daily chart is still possible next week. Near term resistance is at 1.4751, a break above this...

Short Term Analysis – November 20, 2007

by ForexCycle.com | November 20, 2007 02:09
USDJPYUSDJPY is forming a sideways consolidation in a range between 109.12 and 111.74. Further fall towards 105.00 is expected, and a break below 109.12 will signal the resumption of the down trend. Near term resistance is at...

Short Term Analysis – November 19, 2007

by ForexCycle.com | November 19, 2007 00:57
AUDUSDAUDUSD rebounded from 0.8752, and further rise towards 0.9150 area to reach the next short term cycle top is still in favor. Near term support is at 0.8752, and long term key support is at 0.8748, a...