Daily Forex Analysis – September 5, 2011

by ForexCycle.com | September 5, 2011 01:40
USDCAD Analysis. USDCAD bounced from 0.9725, suggesting that a cycle bottom has been formed on 4-hour chart. Further rise could be seen in a couple of days, and target would be at the upper border of the...

Daily Forex Analysis – September 2, 2011

by ForexCycle.com | September 2, 2011 01:59
AUDUSD Analysis. AUDUSD continued its upward movement from 1.0315 and the rise extended to as high as 1.0764. Initial support is at the uptrend line on 4-hour chart, as long as the trend line support holds, uptrend...

Daily Forex Analysis – September 1, 2011

by ForexCycle.com | September 1, 2011 02:02
USDCHF Analysis. USDCHF has formed a cycle top at 0.8240 on 4-hour chart. Support is now at the lower border of the price channel, as long as the channel support holds, the fall from 0.8240 is treated...