Short Term Analysis – June 22, 2007

by ForexCycle.com | June 22, 2007 00:40
USDJPYKey resistance at 123.75 is broken above, USDJPY bottomed at 123.09 and up trend resumed. Further rise towards 125.00 is expected to follow next weeks. Near term support is at 123.09, as long as this support holds,...

Short Term Analysis – June 21, 2007

by ForexCycle.com | June 21, 2007 00:24
EURUSDEURUSD is topping at 1.3437, key support is at 1.3383, a break below this level will confirm the cycle top on 4 hours chart, and fall towards 1.3263 previous low is expected to follow. Near term resistance...

Short Term Analysis – June 20, 2007

by ForexCycle.com | June 20, 2007 00:03
EURUSDEURUSD is topping at 1.3436 on 4 hours chart, key support is at 1.3383, a break below this level will confirm the cycle top, and fall towards 1.3263 previous low is expected to follow. Near term resistance...

Short Term Analysis – June 19, 2007

by ForexCycle.com | June 19, 2007 01:15
USDJPYUSDJPY is in up trend, the rise from 120.76 extended to as high as 123.75, further rise towards 124.00 to reach the next cycle top on 4 hours chart is still possible later today. However, the next...

Short Term Analysis – June 18, 2007

by ForexCycle.com | June 18, 2007 01:19
USDCHFAs expected, USDCHF pulled back from 1.2467 last Friday. Further fall towards 1.2372 area to reach the next cycle bottom can be expected in a couple of days. However, the fall from 1.2467 is treated as correction...

Short Term Analysis – June 15, 2007

by ForexCycle.com | June 15, 2007 01:26
USDCADUSDCAD is in consolidation to the down trend. Further fall towards 1.0400 can be seen after consolidation, and a break below 1.0645 key support will signal the resumption of the down trend. Near term resistance is at...

Short Term Analysis – June 14, 2007

by ForexCycle.com | June 14, 2007 02:57
EURUSDEURUSD is in down trend, the fall from 1.3553 extended to as low as 1.3263. More sharply fall towards 1.3200 to reach the next cycle bottom on 4 hours chart is still possible in a couple of...

Short Term Analysis – June 13, 2007

by ForexCycle.com | June 13, 2007 00:36
EURUSDAs expected, EURUSD broke below 1.3320 previous low and down trend resumed. More sharply fall towards 1.3200 to reach the next cycle bottom on 4 hours chart is still possible in a couple of days. Key resistance...

Short Term Analysis – June 12, 2007

by ForexCycle.com | June 12, 2007 00:29
GBPUSDGBPUSD is in down trend, the rise from 1.9622 is treated as consolidation to the down trend. More sharply fall towards 1.9500 can still be expected in a couple of days. Near term resistance is at 1.9755,...

Short Term Analysis – June 11, 2007

by ForexCycle.com | June 11, 2007 00:14
USDCADUSDCAD is in down trend, the rise from 1.0548 is treated as consolidation to the down trend. The pair is topping at 1.0712 on 4 hours chart, key support is at 1.0548 previous low, a break below...