Daily Forex Analysis – October 2, 2008

by ForexCycle.com | October 2, 2008 00:54
AUDUSD Analysis.AUDUSD’s fall from 0.8519 extends to as low as 0.7856 level. Deeper decline could be seen to retest 0.7802 previous low support. As long as this level holds, we’d expect up trend to resume, and one...

Daily Forex Analysis – October 1, 2008

by ForexCycle.com | October 1, 2008 03:13
USDJPY Analysis.USDJPY breaks below 103.54 and rebounds sharply from 103.49. A short term cycle bottom has been formed, and further rally towards 108.00 is possible in a couple of days, however a break of 107.01 previous high...