AUDUSD Analysis – February 26, 2011

by ForexCycle.com | February 26, 2011 3:46 pm
AUDUSD moved sideways in a narrow range between 0.9943 and 1.0199 for several days. Resistance is at 1.0199, a break above this level will indicate that the uptrend from 0.8066 has resumed, then next target would be...

GBPUSD Analysis – February 26, 2011

by ForexCycle.com | February 26, 2011 3:46 pm
Being contained by 1.6298 resistance, GBPUSD moved sideways in a range between 1.5962 and 1.6277 for several days. As long as 1.5962 support holds, uptrend from 1.5344 could be expected to resume and further rise to 1.5700...

EURUSD Analysis – February 26, 2011

by ForexCycle.com | February 26, 2011 3:44 pm
EURUSD is facing 1.3861 resistance, a break above this level will indicate that a cycle bottom has been formed at 1.3428 level on daily chart, and the uptrend from 1.2874 has resumed, then further rise to 1.4100-1.4200...

4XP Wins Award for Best Trading Platform 2011

by ForexCycle.com | February 20, 2011 4:01 am
4XP rises above the competition to be chosen Best Trading Platform 2011 by World Finance Magazine. This seal of approval from an esteemed and established financial institution, was earned by 4XP due to its ongoing efforts to...

USDCAD Analysis – February 19, 2011

by ForexCycle.com | February 19, 2011 4:13 am
USDCAD broke below 0.9831 previous low and reached as low as 0.9815 level. Deeper decline could be expected next week and next target would be at 0.9700 area. Resistance is at 0.9905, as long as this level...

USDCHF Analysis – February 19, 2011

by ForexCycle.com | February 19, 2011 4:12 am
USDCHF’s rebound from 0.9328 extended to 0.9774 only, and failed to break above 0.9783 resistance. Deeper decline to re-test 0.9300 key support could be expected next week, a breakdown below this level will indicate that the long...

USDJPY Analysis – February 19, 2011

by ForexCycle.com | February 19, 2011 4:11 am
Being contained by 84.50 resistance, USDJPY pulled back from 83.96, suggesting that a cycle top is being formed on daily chart. Deeper decline would likely be seen next week, and target would be at 82.00 area. Initial...

AUDUSD Analysis – February 19, 2011

by ForexCycle.com | February 19, 2011 4:10 am
AUDUSD moved sideways in a range between 0.9803 and 1.0255 for several weeks. Further rise to test 1.0255 key resistance would likely be seen next week, a break above this level will indicate that the uptrend from...

GBPUSD Analysis – February 19, 2011

by ForexCycle.com | February 19, 2011 4:09 am
GBPUSD is facing 1.6298 resistance, a break above this level will indicate that a cycle bottom had been formed at 1.5962 level on daily chart, then further rise to 1.6700 area could be seen. However, as long...