USDJPY Analysis. Feb 2, 2008

by ForexCycle.com | February 1, 2008 9:23 pm
USDJPY is forming a cycle bottom at 104.96 on daily chart, key resistance is at 107.91, a break above this level will confirm the cycle bottom, and signal the reversal to the down trend, further rise towards...

AUDUSD Analysis. Feb 2, 2008

by ForexCycle.com | February 1, 2008 9:22 pm
AUDUSD broke above 0.9018 resistance, and is now in up trend. Further rise towards 0.9398 previous high can be seen after consolidation. Near term support is at 0.8819, as long as this support holds, up trend will...

GBPUSD Analysis. Feb 2, 2008

by ForexCycle.com | February 1, 2008 9:21 pm
No changed in our view, GBPUSD is forming a sideways consolidation in a range between 1.9337 and 2.0099. decline towards 1.9400 area, and rebound from the previous low support at 1.9337 may be expected next week. The...

EURUSD Analysis. Feb 2, 2008

by ForexCycle.com | February 1, 2008 9:17 pm
EURUSD failed to test the previous high resistance at 1.4966 and pulled back from 1.4951. Further decline towards 1.4400 area to reach the next cycle bottom on daily chart is still possible next week. Key resistance is...

USDCAD Analysis. Jan 30, 2008

by ForexCycle.com | January 29, 2008 7:48 pm
USDCAD is in consolidation to the up trend. The fall from 1.0378 extended to as low as 0.9943. Further fall towards 0.9885 area to complete the consolidation is expected. Key support is at 0.9756, only breakdown below...

USDCHF Analysis. Jan 30, 2008

by ForexCycle.com | January 29, 2008 7:47 pm
No changed in our view, USDCHF formed a cycle bottom at 1.0836 on daily chart. Consolidation to the down trend may be expected in the next several days, and further rise above 1.1120 previous high to reach...

USDJPY Analysis. Jan 30, 2008

by ForexCycle.com | January 29, 2008 7:44 pm
USDJPY is forming a cycle bottom at 104.96 on daily chart, key resistance is at 107.91, a break above this level will confirm the cycle bottom, and further rise towards 114.77 is expected to follow. Near term...

AUDUSD Analysis. Jan 30, 2008

by ForexCycle.com | January 29, 2008 7:42 pm
AUDUSD is forming a cycle bottom at 0.8512 on daily chart. Further rise towards 0.9018 previous high is possible after consolidation, a break above this level will confirm the cycle bottom, and rise to test the previous...

GBPUSD Analysis. Jan 30, 2008

by ForexCycle.com | January 29, 2008 7:38 pm
GBPUSD is forming a sideways consolidation in a range between 1.9337 and 2.0099, move without trend in this range may be expected before breaking below 1.0337 level. However, the rise from 1.9337 is treated as consolidation to...

EURUSD Analysis. Jan 30, 2008

by ForexCycle.com | January 29, 2008 7:36 pm
EURUSD is forming a symmetrical triangle pattern in a range between 1.4309 and 1.4966. Near term resistance is at the down trend line from 1.4966 to 1.4921, pullback towards 1.4400 area to reach the next cycle bottom...