GBPUSD Analysis. Jan 23, 2008

by ForexCycle.com | January 22, 2008 8:44 pm
GBPUSD’s down trend remains, the fall from 1.1161 extended to as low as 1.9337, and the rebound from 1.9337 is treated as consolidation to the down trend. Further decline towards 1.9200 area to reach the next cycle...

EURUSD Analysis. Jan 23, 2008

by ForexCycle.com | January 22, 2008 8:43 pm
EURUSD formed a sideways consolidation in a range between1.4309 and 1.4966 to the up trend. It will move without trend in this range until the next cycle bottom on daily chart appears. Symmetrical triangle pattern will more...

USDCAD Analysis. Jan 20, 2008

by ForexCycle.com | January 19, 2008 7:16 pm
As expected, USDCAD broke above 1.0248 previous high and reached as high as 1.0307 level. Further rally towards 1.0750 area is expected. Near term support is at 1.0124, as long as this support holds, up trend will...

USDCHF Analysis. Jan 20, 2008

by ForexCycle.com | January 19, 2008 7:14 pm
USDCHF broke below 1.0890 previous low and reached as low as 1.0836. Further fall towards 1.0600 is still possible next week. Near term resistance is at 1.1086 and followed by 1.1189, as long as 1.1189 resistance holds,...

USDJPY Analysis. Jan 20, 2008

by ForexCycle.com | January 19, 2008 7:13 pm
USDJPY fell below 107.21 previous low and down trend resumed. Further fall towards 105.00 area is still possible next week. Near term resistance is at 110.10, as long as this resistance holds, down trend will continue.

AUDUSD Analysis. Jan 20, 2008

by ForexCycle.com | January 19, 2008 7:11 pm
Being supported by the key support at 0.8682 level, AUDUSD rebounded from 0.8699 level. Further rise towards 0.9398 is still possible, and a break above 0.9018 previous high will signal the resumption of the up trend. On...

GBPUSD Analysis. Jan 20, 2008

by ForexCycle.com | January 19, 2008 7:10 pm
GBPUSD’d down trend remains, and the rebound from 1.9481 is treated as consolidation to the down trend. Further decline towards 1.9300 area to reach the next cycle bottom on daily chart is still possible after consolidation. Near...

EURUSD Analysis. Jan 20, 2008

by ForexCycle.com | January 19, 2008 7:05 pm
EURUSD failed to test the previous high resistance at 1.4966 and dropped sharply from 1.4921 level. A cycle top on daily chart has been formed and further decline towards 1.4450 area to reach the next cycle bottom...

USDCAD Analysis. Jan 16, 2008

by ForexCycle.com | January 15, 2008 7:39 pm
No changed in our view, USDCAD is testing the previous high resistance at 1.0248 level, break above this level will more likely be seen after consolidation, and further rally towards 1.0750 area is expected to follow. Near...

USDCHF Analysis. Jan 16, 2008

by ForexCycle.com | January 15, 2008 7:37 pm
USDCHF broke below 1.0890 previous low and reached as low as 1.0852. Sharply fall towards 1.0600 is still possible in the next several days. Near term resistance is at 1.1189, as long as this resistance holds, down...