Short Term Analysis – Mar 17, 2008

by ForexCycle.com | March 17, 2008 02:34
AUDUSD Analysis.AUDUSD drops below the key support at 0.9329 and formed a short term cycle top at 0.9470. Further pullback to retest 0.9147 previous low could be seen in the next several days. Near term resistance is...

Short Term Analysis – Mar 14, 2008

by ForexCycle.com | March 14, 2008 01:14
AUDUSD Analysis.AUDUSD formed a short term cycle bottom at 0.9147 level on 4-hour chart. Further rise to test the previous high resistance at 0.9496 is still possible later today, a break above this resistance indicates that the...

Short Term Analysis – Mar 12, 2008

by ForexCycle.com | March 12, 2008 01:44
EURUSD is moving to the next cycle top on daily chart, further rally to 1.5600 area is still possible. However, the pullback from 1.5493 suggests that next cycle top is nearing. Key support is at 1.5145, a...

Short Term Analysis – Mar 11, 2008

by ForexCycle.com | March 11, 2008 02:19
USDJPY Analysis.USDJPY is testing the previous low support at 101.41, a break below this level will signal the resumption of the down trend, and then deeper decline to test 100.00 support could be seen. Near term resistance...

Short Term Analysis – Mar 10, 2008

by ForexCycle.com | March 10, 2008 01:15
EURUSD Analysis.EURUSD is in up trend and the fall form 1.5463 is treated as consolidation to the up trend. Further rally to 1.5600 area is still possible in a couple of days and a break of 1.5463...

Short Term Analysis – Mar 5, 2008

by ForexCycle.com | March 5, 2008 01:57
GBPUSD might be forming a cycle top at 1.9971 on daily chart. Key support is at 1.9760, a break of this level will confirm the cycle top and signal the resumption of the down trend, pullback to...

Short Term Analysis – Mar 4, 2008

by ForexCycle.com | March 4, 2008 00:49
AUDUSD Analysis.AUDUSD formed a cycle top on 4-hour chart and the uptrend from 0.8512 might be completed at 0.9496 level. Deeper decline to 0.9100 area is expected, and a break below 0.9286 is needed to confirm such...

Short Term Analysis – Mar 3, 2008

by ForexCycle.com | March 3, 2008 02:21
GBPUSD Analysis.GBPUSD formed a sideways consolidation in a range between 1.9760 and 1.9971. Further rally to 2.0050 area to reach the next short term cycle top on 4-hour chart is still possible, and the next cycle top...