Short Term Analysis – January 05, 2007

by ForexCycle.com | January 5, 2007 00:12
EURUSD EURUSD fell below 1.3088 previous low support, further decline towards 1.3051 (the day low of Dec 18) is possible later today, and a slightly break below this level to form another cycle bottom can be expected...

Short Term Analysis – January 04, 2007

by ForexCycle.com | January 4, 2007 02:08
USDCHF USDCHF rebounded from 1.2111 and broke above the key resistance at 1.2267, further rise towards 1.2350 level is still possible later today. Key support is now at 1.2111, only break below this level may signal the...

Short Term Analysis – January 03, 2007

by ForexCycle.com | January 3, 2007 02:37
USDCHF Key support at 1.2115 is broken below, USDCHF topped at 1.2267 on 4 hours chart and daily chart. Further decline towards 1.2000 area can be expected in a couple of days. Key resistance is at 1.2267,...

Short Term Analysis – December 29, 2006

by ForexCycle.com | December 29, 2006 02:07
EURUSD EURUSD is forming a triangle pattern on 4 hours chart and traded in a narrow range between 1.3088 and 1.3199. Key resistance is now at 1.3199, a break above this level may signal the resumption of...

Short Term Analysis – December 28, 2006

by ForexCycle.com | December 28, 2006 10:24
EURUSD EURUSD traded in a narrow range between 1.3088 and 1.3175. Near term resistance is at 1.3175, key resistance is at 1.3211, a break above this level may signal the resumption of the up trend. Near term...

Short Term Analysis – December 22, 2006

by ForexCycle.com | December 22, 2006 01:52
EURUSD EURUSD is forming a sideways consolidation in a range between 1.3051 and 1.3364. Key resistance is now at 1.3244, further rise towards 1.3364 can be expected after breaking above the key resistance. Near term support is...

Short Term Analysis – December 21, 2006

by ForexCycle.com | December 21, 2006 01:29
USDCAD USDCAD topped at 1.1587 on 4 hours chart, and further fall towards 1.1400 level can be expected in a couple of days. Key resistance is at 1.1587, only break above this level may signal the resumption...

Short Term Analysis – December 20, 2006

by ForexCycle.com | December 20, 2006 01:14
GBPUSD The resistance at 1.9578 is broken above, GBPUSD bottomed at 1.9433 on 4 hours chart, and further rise towards 1.9846 previous high is possible later today. Near term support is now at 1.9433, only break below...

Short Term Analysis – December 19, 2006

by ForexCycle.com | December 19, 2006 02:00
GBPUSD Previous low support at 1.9463 is broken below, GBPUSD is now in down trend, and further fall towards 1.9350 level is still possible in the next several day. Near term resistance is at 1.9578, as long...

Short Term Analysis – December 18, 2006

by ForexCycle.com | December 18, 2006 02:15
USDJPY USDJPY is in up trend and further rise towards 118.58 precious high to reach the next cycle top on 4 hours chart is still possible later today. The next cycle top is nearing. Key support is...