Short Term Analysis – November 2, 2007

by ForexCycle.com | November 2, 2007 01:36
USDCADUSDCAD is in down trend. The fall from 0.9824 extended to as low as 0.9418 level, and the rise from 0.9418 is treated as consolidation to the down trend. Further fall towards 0.9200 is still possible after...

Short Term Analysis – November 1, 2007

by ForexCycle.com | November 1, 2007 01:35
EURUSD is in up trend. The rise from 1.3360 extended to as high as 1.4503. Near term resistance is at price channel on weekly chart, now at 1.4550, if gives way, further rise towards 1.4600 can be...