Short Term Analysis – December 31, 2007

by ForexCycle.com | December 31, 2007 02:11
EURUSD AnalysisEURUSD is testing the previous high resistance at 0.4769. A short term cycle top and consolidation will more likely be seen before breaking above this level. Further rally towards 1.4966 (Nov, 23 high) is still possible...

Short Term Analysis – December 28, 2007

by ForexCycle.com | December 28, 2007 01:50
AUDUSDAUDUSD is moving to the next short term cycle top, and the next cycle top is nearing. Key support is at 0.8710, a break below this level will confirm the cycle top, and further fall towards 0.8551...

Short Term Analysis – December 24, 2007

by ForexCycle.com | December 24, 2007 02:09
USDJPYAs expected, USDJPY broke above 113.60 previous high and reached as high as 114.19. Further rally towards 115.00 area is expected. Key support is at 112.73, as long as this support holds, up trend will continue.

Short Term Analysis – December 21, 2007

by ForexCycle.com | December 21, 2007 01:50
USDCADPrevious low support at 1.0004 is broken below, USDCAD is now in down trend. Further pullback towards 0.9800 area is still possible later today. Key resistance is at 1.0248, only break of this level may signal the...

Short Term Analysis – December 20, 2007

by ForexCycle.com | December 20, 2007 03:01
USDJPYUSDJPY formed a sideways consolidation in a range between 112.73 and 113.60. Further rally towards 117.00 is still possible after consolidation, and a break above 113.60 will signal the resumption of the up trend.

Short Term Analysis – December 19, 2007

by ForexCycle.com | December 19, 2007 03:24
EURUSD’s down trend remains and the fall from 1.4966 extended to as low as 1.4331. Further decline towards 1.4000 area is expected. Near term resistance is at the down trend line from 1.4966 to 1.4750, now at...

Short Term Analysis – December 18, 2007

by ForexCycle.com | December 18, 2007 02:52
GBPUSD As expected, GBPUSD reached the long term support at 2.0100, a break of this level will signal the resumption of the down trend, and further fall towards the long term key support at 1.9652 (Aug 17...

Short Term Analysis – December 17, 2007

by ForexCycle.com | December 17, 2007 02:19
USDJPYUSDJPY is in up trend. The rise from 107.21 extended to as high as 113.60. Further rally towards 114.00 area to reach the next short term cycle top is still possible in a couple of days. Key...

Short Term Analysis – December 14, 2007

by ForexCycle.com | December 14, 2007 02:14
USDCADUSDCAD broke above 1.0213 previous high resistance and reached as high as 1.0233. Further rise towards 1.0400 area to reach the next short term cycle top is still possible. Near term support is at the up trend...

Short Term Analysis – December 13, 2007

by ForexCycle.com | December 13, 2007 01:51
USDCADUSDCAD is in up trend. Further rise towards 1.0400 to reach the next short term cycle top is still possible after consolidation. Near term support is at 1.0004, as long as the pair stays above this support,...