USDJPY Analysis – Apr 2, 2008

by ForexCycle.com | April 1, 2008 8:10 pm
USDJPY rises sharply to as high as 102.15 after consolidation. Further rally to test 103.59 resistance is expected in the next several days. Key support is now located at 98.55, only break of this level will signal...

AUDUSD Analysis – Apr 2, 2008

by ForexCycle.com | April 1, 2008 8:09 pm
AUDUSD is in consolidation to the down trend. A break below 0.8953 will signal the resumption of the down trend, and further fall to retest 0.8512 previous low support could be seen. Near term resistance is now...

GBPUSD Analysis – Apr 2, 2008

by ForexCycle.com | April 1, 2008 8:08 pm
GBPUSD breaks below 1.9736 support and down trend resumes. Further fall to test 1.9337 previous low support is expected. Near term resistance is now at 2.0193, as long as this resistance holds, we’d expect down trend to...

EURUSD Analysis – Apr 2, 2008

by ForexCycle.com | April 1, 2008 8:06 pm
EURUSD failed to test the previous high resistance at 1.5902 and pulled back from 1.5896 level. Further fall to test 1.5342 long term key support is possible, a break of this level will signal the resumption of...

USDCAD Analysis – Mar 30, 2008

by ForexCycle.com | March 29, 2008 7:11 pm
Being contained by the previous high resistance at 1.0378, USDCAD pulls back from 1.0307 level. Sideways consolidation is expected before breaking above 1.0378. Key support is now located at 1.0094, a break of this level will indicate...

USDCHF Analysis – Mar 30, 2008

by ForexCycle.com | March 29, 2008 7:10 pm
USDCHF is forming a cycle top at 1.0249 on daily chart. As long as the key support at 0.9634 holds, sideways consolidation in a range between 0.9634 and 1.0249 is expected in a couple of weeks. A...

USDJPY Analysis – Mar 30, 2008

by ForexCycle.com | March 29, 2008 7:09 pm
USDJPY formed a cycle bottom at 95.77 level on daily chart. Further rebound to 102.50 area to reach the next cycle top on daily chart is still possible in the next several days. Key support is at...

AUDUSD Analysis – Mar 30, 2008

by ForexCycle.com | March 29, 2008 7:08 pm
No changed in our view, AUDUSD is in down trend. Rebound from 0.8953 is treated as correction to the down trend. Deeper decline to retest 0.8512 previous low support is still possible after correction and a break...

GBPUSD Analysis – Mar 30, 2008

by ForexCycle.com | March 29, 2008 7:06 pm
GBPUSD is in down trend. The rebound from 1.9736 is treated as consolidation to the down trend. Deeper decline to retest 1.9337 previous low support is still possible after consolidation, and a break below 1.9736 level will...

EURUSD Analysis – Mar 30, 2008

by ForexCycle.com | March 29, 2008 7:05 pm
EURUSD is testing the previous high resistance at 1.5902, as long as this resistance holds, the rebound from 1.5342 is treated as correction to the down trend. However, a break of 1.5902 level will signal the resumption...