USDCHF Analysis – Oct 29, 2008

by ForexCycle.com | October 29, 2008 10:09 am
USDCHF’s up trend remains and the fall from 1.1746 is treated as consolidation to up trend. Trading in a range between 1.1400 and 1.1746 is expected in nest several days. However, below 1.1400 will indicate that a...

USDJPY Analysis – Oct 29, 2008

by ForexCycle.com | October 29, 2008 10:08 am
USDJPY rebounds sharply from 90.92, however, the rise is treated as correction to down trend. Pullback to retest 90.92 could be seen in next several days, and a break below this level will signal deeper decline to...

AUDUSD Analysis – Oct 29, 2008

by ForexCycle.com | October 29, 2008 10:07 am
AUDUSD remains in down trend, and the rise from 0.6008 is treated as correction to down trend. Further rise to test the key resistance at 0.7238 is possible. As long as this level holds, we’d expect down...

EURUSD Analysis – Oct 29, 2008

by ForexCycle.com | October 29, 2008 10:06 am
EURUSD’s down trend remains and the rise from 1.2329 is treated as consolidation to the downtrend. As long as 1.3004 key resistance holds, we’d expect down trend to resume and deeper decline is still possible to 1.2000...

USDCAD Analysis – Oct 25, 2008

by ForexCycle.com | October 25, 2008 10:26 am
USDCAD’s up trend from 1.0297 extends sharply to as high as 1.2839 level. Further rise is expected in a couple of weeks and near term target would be at 1.3500 zone. Initial support is now at 1.2300,...

USDCHF Analysis – Oct 25, 2008

by ForexCycle.com | October 25, 2008 10:25 am
USDCHF remains in up trend, and the rise from 1.0693 extends to as high as 1.1746 level. Further rally towards 1.2000 zone is still possible in a couple of weeks. Initial support is at 1.1481, as long...

USDJPY Analysis – Oct 25, 2008

by ForexCycle.com | October 25, 2008 10:24 am
USDJPY breaks below 95.77 (Mar 17 low) long term key support and reaches as low as 90.92 level. Consolidation is expected next week, and deeper decline could be seen to 87.00 zone after consolidation. Key resistance is...

AUDUSD Analysis – Oct 25, 2008

by ForexCycle.com | October 25, 2008 10:22 am
AUDUSD breaks below 0.6330 previous low and the downtrend from 0.9849 extends further to as low as 0.6056 level. Deeper decline is still possible to 0.5700 zone next week. Initial resistance is at 1.6500, as long as...

GBPUSD Analysis – Oct 25, 2008

by ForexCycle.com | October 25, 2008 10:21 am
GBPUSD remains in down trend and drops sharply to as low as 1.5269 level. Further fall could be seen to 1.4500 level in a couple of weeks. Initial resistance is at 1.6150 and followed by 1.6350, and...

EURUSD Analysis – Oct 25, 2008

by ForexCycle.com | October 25, 2008 10:20 am
EURUSD remains in down trend and the fall from 1.4867 extends to as low as 1.2496 level. Deeper decline is still possible to 1.2000 zone in a couple of weeks. Near term resistance is at 1.2850 and...