Short Term Analysis – July 6, 2007

by ForexCycle.com | July 6, 2007 01:07
EURUSDEURUSD broke above 1.3637 previous high and then pulled back from 1.3659. Further fall towards 1.3550 to reach the next cycle bottom on 4 hours chart is expected to follow later today. However, the fall from 1.3659...

Short Term Analysis – July 5, 2007

by ForexCycle.com | July 5, 2007 00:45
USDJPYKey resistance at 122.70 is broken above, USDJPY bottomed at 122.09 on 4 hours chart. Further rise towards 124.13 previous high is expected to follow in the next several days. Near term support is at 122.09, only...

Short Term Analysis – July 4, 2007

by ForexCycle.com | July 4, 2007 00:03
USDJPYUSDJPY is in correction to the up trend, near term resistance is at 122.70, a break above this level will signal the resumption of the up trend. Near term support is at 122.09, break below this level...

Short Term Analysis – July 3, 2007

by ForexCycle.com | July 3, 2007 00:34
USDCHFUSDCHF broke below 1.2146 (June 6 low), further fall towards 1.2050 is still possible later today. Near term resistance is at the down trend line from 1.2426 to 1.2341, as long as the trend line resistance holds,...

Short Term Analysis – July 2, 2007

by ForexCycle.com | July 2, 2007 00:57
USDCHFUSDCHF is in down trend, the fall from 1.2468 extended to as low as 1.2201, further decline towards 1.2146 (June 6 low) to reach the next short term cycle bottom is expected to follow in a couple...

Short Term Analysis – June 29, 2007

by ForexCycle.com | June 29, 2007 00:45
GBPUSDGBPUSD broke above the key resistance at 2.0016 and bottomed at 1.9928 on 4 hours chart. Further rise towards 2.0132 (April high) is expected to follow. Near term support is at the up trend line from 1.9657...

Short Term Analysis – June 28, 2007

by ForexCycle.com | June 28, 2007 01:41
GBPUSDGBPUSD is bottoming at 1.9928 on 4 hours chart, key resistance is at 2.0016, a break above this level will confirm the cycle bottom and signal the resumption of the up trend. Near term support is at...

Short Term Analysis – June 27, 2007

by ForexCycle.com | June 27, 2007 00:42
USDJPYUSDJPY broke below 123.09 key support and topped at 124.13 on 4 hours chart. Further fall towards 122.45 is still possible later today. However, the fall from 124.13 is treated as correction to the up trend, and...

Short Term Analysis – June 26, 2007

by ForexCycle.com | June 26, 2007 02:58
EURUSDEURUSD formed a sideways consolidation in a narrow range between1.1.3438 and 3473, sharply rise towards 1.3553 previous high is expected to follow after consolidation. Near term support is at the up trend line from 1.3263 to 1.3371...

Short Term Analysis – June 25, 2007

by ForexCycle.com | June 25, 2007 01:18
USDJPYUSDJPY is in up trend, the rise from 120.76 extended to as high as 124.13, and further rise towards 125.00 is still possible in a couple of days. Near term support is at the up trend line...