USDCHF Analysis – Mar 12, 2008
USDCHF is forming a cycle bottom and the down trend from 1.1105 might has completed at 1.0132 level, key resistance is at 1.0500, a break of this level will confirm the cycle bottom and rebound to 1.0700...
Author: ForexCycle.com
USDJPY Analysis – Mar 12, 2008
USDJPY is forming a cycle bottom at 101.41 level, key resistance is at 104.17, a break of this level will confirm the cycle bottom and consolidation to the down trend could be seen in the next two...
AUDUSD Analysis – Mar 12, 2008
AUDUSD broke below the price channel support and formed a cycle top at 0.9496 level on daily chart. The pair is now in down trend. Pullback to test 0.8512 previous low support is expected. Near term resistance...
GBPUSD Analysis – Mar 12, 2008
GBPUSD is moving to the next cycle top on daily chart, and the next cycle top is nearing. Near term support is at the up trend line from 1.9361 to 1.9720, and key support is at 1.9720,...
EURUSD Analysis – Mar 12, 2008
EURUSD is moving to the next cycle top on daily chart, further rally to 1.5600 area is still possible. However, the pullback from 1.5493 suggests that next cycle top is nearing. Key support is at 1.5145, a...
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USDCAD Analysis – Mar 9, 2008
USDCAD is in consolidation to the down trend. Further rebound to test the resistance of the down trend line from 1.0378 to 1.0198 is still possible. Down trend will resume after consolidation and further fall to test...
USDCHF Analysis – Mar 9, 2008
USDCHF’s down trend extended to as low as 1.0132. Further fall to test 1.0000 support is still possible. However, the next cycle bottom is nearing, key resistance is at 1.0500, a break of this level will confirm...
USDJPY Analysis – Mar 9, 2008
USDJPY broke below 101.65 (Jan 2005 low), and the down trend from 108.59 extended to as low as 101.41. Deeper decline to 98.00 is still possible next week. Near term resistance is at 104.17, a break of...
AUDUSD Analysis – Mar 9, 2008
AUDUSD is testing the support of the price channel, a breakdown of the channel support will confirm the cycle top at 0.9496 level, and further fall to 0.8600 area is expected to follow. Near term resistance is...