Short Term Analysis – February 15, 2007

by ForexCycle.com | February 15, 2007 02:57
EURUSD EURUSD broke above the key resistance at 1.3062 previous high and reached 1.3149, suggesting the medium term bullish movement is underway. More sharply rise towards 1.3296 previous high can be expected in the next several days....

Short Term Analysis – February 14, 2007

by ForexCycle.com | February 14, 2007 01:54
USDCAD As expected, USDCAD’s fall from 1.1874 extended to as low as 1.1658, and further decline below 1.1644 previous low to reach the next cycle bottom can still be expected in the next several days. Near term...

Short Term Analysis – February 13, 2007

by ForexCycle.com | February 13, 2007 03:15
USDCAD USDCAD is in down trend, further fall towards 1.1644 previous low to reach the next cycle bottom on 4 hours chart is still possible in the next several days. Near term resistance is at 1.1790 and...

Short Term Analysis – February 12, 2007

by ForexCycle.com | February 12, 2007 02:55
USDCAD Support at 1.1805 is broken below, USDCAD topped at 1.1874 on 4 hours chart. Further fall towards 1.1650 to reach the next cycle bottom on 4 hours chart can be expected in the next several days....

Resources

by ForexCycle.com | February 9, 2007 03:34
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Short Term Analysis – February 9, 2007

by ForexCycle.com | February 9, 2007 02:03
USDJPY The down trend line from 122.17 to 121.34 is broken above, USDJPY bottomed at 119.94 on 4 hours chart, and the correction from 122.17 ended at 119.94. Further rise towards 122.00 is possible in the next...

Short Term Analysis – February 8, 2007

by ForexCycle.com | February 8, 2007 00:33
USDJPY USDJPY is bottoming on 4 hours chart and is testing the down trend line resistance, a break and close above the trend line will confirm the cycle bottom. Near term resistance is at the down trend...

Short Term Analysis – February 7, 2007

by ForexCycle.com | February 7, 2007 01:39
USDJPY USDJPY is in down trend, further fall towards 119.50 to reach the next cycle bottom on 4 hours chart can be expected in a couple of days. Near term resistance is at the down trend line...

Short Term Analysis – February 6, 2007

by ForexCycle.com | February 6, 2007 04:15
USDCHF No change in our view, USDCHF will form a sideways consolidation in a range between 1.2374 and 1.2571. Key support is at 1.2374, break below this level indicate medium term bearish movement is underway, and fall...

Short Term Analysis – February 5, 2007

by ForexCycle.com | February 5, 2007 02:49
USDCHF USDCHF failed to test the key support at 1.2374 and rebound from 1.2382. It will form a sideways consolidation in a range between 1.2374 and 1.2571. Key support is at 1.2374, break below this level indicate...