Short Term Analysis – August 6, 2007

by ForexCycle.com | August 6, 2007 02:56
USDJPYAs expected, USDJPY broke below the previous low support at 117.57. Further fall towards 116.00 area is still possible in the next several days. Near term resistance is at 118.50, only rise above this level will signal...

Short Term Analysis – August 3, 2007

by ForexCycle.com | August 3, 2007 01:34
USDCADUSDCAD is in correction to the up trend, further fall towards 1.0450 area to reach the next cycle bottom on 4 hours chart is expected to follow in the next several days. Up trend will resume after...

Short Term Analysis – August 2, 2007

by ForexCycle.com | August 2, 2007 02:06
GBPUSDGBPUSD bottomed at 2.0182 on 4 hours chart. Rise above 2.0377 to reach the next cycle top can be seen in the next several days. Near term support is at 2.0182, only break below this level will...

Short Term Analysis – August 1, 2007

by ForexCycle.com | August 1, 2007 01:44
EURUSDNo changed in our view, EURUSD bottomed at 1.3609 and rise towards 1.3851 previous high is still in favor, a break above the next term resistance at 1.3726 will confirm such case. Key support is at 1.3609,...

Short Term Analysis – July 31, 2007

by ForexCycle.com | July 31, 2007 02:24
EURUSDEURUSD bottomed on 4 hours chart, and the fall from 1.3851 completed at 1.3609 level. Further rise towards 1.3851 previous high is expected to follow in the next several days. Near term support is at 1.3609, only...

Short Term Analysis – July 30, 2007

by ForexCycle.com | July 30, 2007 01:10
USDJPYUSDJPY is bottoming at 117.97 on 4 hours chart, key resistance is at the down trend line from 122.39 to 120.72, a break above the trend line resistance will confirm the cycle bottom. Near term support is...

Short Term Analysis – July 27, 2007

by ForexCycle.com | July 27, 2007 01:55
EURUSDEURUSD topped at 1.3851 on 4 hours chart. Sideways consolidation will be seen in the next several days and pullback towards 1.3600 area is expected to follow. Key resistance is at 1.3851, only break above this level...

Short Term Analysis – July 26, 2007

by ForexCycle.com | July 26, 2007 00:18
EURUSDEURUSD broke below the key support at 1.3752 and topped at 1.3851 on 4 hours chart. Sideways consolidation will be seen in the next several days. Key resistance is at 1.3851, only break above this level will...

Short Term Analysis – July 25, 2007

by ForexCycle.com | July 25, 2007 01:05
EURUSDEURUSD is in up trend, the rise from 1.3262 extended to as high as 1.3851, further rise towards 1.3900 is still possible in the next several days. Key support is at 1.3752, a break below this level...

Short Term Analysis – July 23, 2007

by ForexCycle.com | July 23, 2007 00:21
EURUSDBeing contained by the up trend line from 1.3422 to 1.3594, EURUSD rebounded from 1.3778 and broke above 1.3833 previous high. Up trend of EURUSD resumed, further rise towards 1.3900 is expected to follow in the next...