Short Term Analysis – September 3, 2007

by ForexCycle.com | September 3, 2007 02:14
EURUSD EURUSD is topping at 1.3719 on 4 hours chart, key support is at 1.3562, a break below this level will confirm the cycle top and further fall towards 1.3480 area can be seen. Near term resistance...

Short Term Analysis – August 31, 2007

by ForexCycle.com | August 31, 2007 02:08
EURUSDEURUSD formed a sideways consolidation in a range between 1.3562 and 1.3684. Further rise towards 1.3750 is now in favor. Near term support is at 1.3590 and followed by 1.3562, a break below 1.3562 level will signal...

Short Term Analysis – August 30, 2007

by ForexCycle.com | August 30, 2007 02:39
USDCADUSDCAD bottomed at 1.0469 on 4 hours chart, the rise from 1.0469 extended to as high as 1.0676. Further rise towards 1.0866 previous high is expected and a break above 1.0690 will signal the resumption of the...

Short Term Analysis – August 29, 2007

by ForexCycle.com | August 29, 2007 02:22
USDCHF is in correction to the up trend. The fall from 1.2214 extended to as low as 1.1959, and the correction might be completed at this level. Up trend will resume after correction, and a break above...

Short Term Analysis – August 28, 2007

by ForexCycle.com | August 28, 2007 01:37
GBPUSDGBPUSD is in up trend, the fall from 2.0191 is treated as consolidation to the up trend, and further rise towards 2.0462 (Aug 6 high) to reach the next cycle top on 4 hours chart is expected...

Short Term Analysis – August 27, 2007

by ForexCycle.com | August 27, 2007 00:28
GBPUSDGBPUSD break above the down trend line from 2.0652 (Jul 24 high) to 2.0462 (Aug 6 high), further rise towards 2.0462 to reach the next cycle top on 4 hours chart is expected. Near term support is...

Short Term Analysis – August 24, 2007

by ForexCycle.com | August 24, 2007 02:03
EURUSDEURUSD broke above 1.3545 previous high and reached as high as 1.3587. Key support is now at 1.3535, a break below this level will signal the resumption of the down trend. Near term resistance is at 1.3587,...

Short Term Analysis – August 22, 2007

by ForexCycle.com | August 22, 2007 02:37
EURUSD rebounded from the up trend line from 1.1825 (Feb 2006 low) to 1.2483 (Oct 2006 low), sideways consolidation will be formed in a range between 1.3360 and 1.3545. Further fall towards 1.3262 previous low is expected...

Short Term Analysis – August 21, 2007

by ForexCycle.com | August 21, 2007 02:29
USDCADUSDCAD is in up trend. The fall from 1.0866 is treated as correction to the up trend, and further fall towards 1.0461 to reach the next cycle bottom on 4 hours chart is still possible later today....

Short Term Analysis – August 20, 2007

by ForexCycle.com | August 20, 2007 02:36
USDCHFUSDCHF is in up trend, the fall from 1.2214 is treated as correction to the up trend, rise towards 1.2400 is still possible after correction, and a break above 1.2214 will signal the resumption of the up...