Short Term Analysis – Jan 18, 2008

by ForexCycle.com | January 18, 2008 01:40
USDCHF AnalysisUSDCHF formed a short term cycle bottom at 1.0836 on 4-hour chart. Further rise towards 1.1200 area is still possible in a couple of days. However, the rebound from 1.0836 is treated as correction to the...

Short Term Analysis – Jan 17, 2008

by ForexCycle.com | January 17, 2008 02:52
GBPUSD AnalysisGBPUSD is forming a sideways consolidation in a range between 1.9481 and 1.9740. Further fall towards 1.9200 area is expected after consolidation. Near term resistance is now at 1.9740 and followed by 1.9849.

Short Term Analysis – Jan 16, 2008

by ForexCycle.com | January 16, 2008 03:03
USDCHF broke below 1.0890 previous low and reached as low as 1.0852. Sharply fall towards 1.0600 is still possible in the next several days. Near term resistance is at 1.1189, as long as this resistance holds, down...

Short Term Analysis – Jan 15, 2008

by ForexCycle.com | January 15, 2008 02:37
USDCHF AnalysisUSDCHF broke below the long term key support at 1.0890 (Nov 23, 2007 low), and is now in long term down trend. Further fall towards 1.0700 area to reach the next short term cycle bottom on...

Short Term Analysis – Jan 14, 2008

by ForexCycle.com | January 14, 2008 01:04
EURUSD AnalysisEURUSD is testing the previous high resistance at 1.4823, break of this level can be seen later today, and further rise towards 1.4966 (Nov 23, 2007 high) is expected to follow. Key support is at 1.4581,...

Short Term Analysis – Jan 11, 2008

by ForexCycle.com | January 11, 2008 02:29
USDCHF AnalysisUSDCHF break below 1.1017 previous low, and down trend resumes. Further fall below 1.0890 (Nov 23, 2007 low) is expected to follow. Near term resistance is now at 1.1189, as long as this resistance holds, down...

Short Term Analysis – Jan 10, 2008

by ForexCycle.com | January 10, 2008 01:37
USDJPY AnalysisUSDJPY formed a short term cycle bottom at 107.89 on 4-hour chart. Further rebound towards 112.00 area is still possible in a couple of days. Key support is at 107.89, only break below this level will...

Short Term Analysis – Jan 9, 2008

by ForexCycle.com | January 9, 2008 03:18
GBPUSD is testing the support at 1.9652 (Aug 17, 2007 low). Further fall towards 1.9300 area is still in favor. Near term resistance is at the down trend line from 2.1161 to 2.0830, and as long as...

Short Term Analysis – Jan 8, 2008

by ForexCycle.com | January 8, 2008 01:10
USDJPY Analysis Being supported by the previous low support at 107.21, USDJPY rebound from 107.89, and further rise towards 112.00 area is still possible. Key support is at 107.21, the pair will find support at 105.00 area...

Short Term Analysis – Jan 7, 2008

by ForexCycle.com | January 7, 2008 03:02
USDCAD AnalysisUSDCAD broke above 0.9970 previous high resistance and reached as high as 1.0042. Further rise towards 1.0248 (Dec 14, 2007 high) is still possible in a couple of days. Near term support is at 0.9841, only...