GBPUSD Analysis. Jan 13, 2008
GBPUSD broke below the long term support at 1.9652 (Aug 17, 2007 low), and reached as low as 1.9481. Further fall towards 1.9300 area is still in favor. Near term resistance is at the down trend line...
Author: ForexCycle.com
EURUSD Analysis. Jan 13, 2008
EURUSD is in up trend. Further rise above 1.4966 previous high may be expected next week, and a break above 1.4823 level is needed to confirm such case. Near term support is at 1.4638, only break below...
USDCAD Analysis. Jan 9, 2008
USDCAD may be forming a cycle bottom at 0.9756 on daily chart, key resistance is at 1.0248, a break of this level will confirm the cycle bottom, and further rally towards 1.0800 area is expected. Near term...
USDCHF Analysis. Jan 9, 2008
USDCHF might be forming a cycle bottom at 1.1017 on daily chart. Further rebound towards 1.1595 is still possible. Near term support is at 1.1017, as long as this support holds, we’d expect rebound to continue.
USDJPY Analysis. Jan 9, 2008
Being supported by the previous low at 107.21, USDJPY rebounded from 107.89. Sideways consolidation is expected in the next several days, and further rise towards 114.00 will more likely be seen after consolidation. On the other side,...
AUDUSD Analysis. Jan 9, 2008
AUDUSD is testing the previous high resistance at 0.8846, only above this level will indicate lengthier correction to the down trend. Near term support is at 0.8680, a break below this level will signal the resumption of...
GBPUSD Analysis. Jan 9, 2008
GBPUSD is testing the support at 1.9652 (Aug 17, 2007 low). Further fall towards 1.9300 area is still in favor. Near term resistance is at the down trend line from 2.1161 to 2.0830, and as long as...
EURUSD Analysis. Jan 9, 2008
EURUSD is forming a sideways consolidation in a range between 1.4309 and 1.4966 to the long term up trend. As long as 1.4309 support holds, we’d expected up trend to continue, and a break above 1.4966 level...
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