EURUSD Analysis – Feb 13, 2008

by ForexCycle.com | February 12, 2008 7:33 pm
EURUSD is forming a cycle bottom on daily chart, and the fall from 1.4951 has completed at 1.4438 level. Further rise to test the previous high resistance at 1.4966 is expected, and a break of 1.4670 level...

EURUSD Analysis – Feb 9, 2008

by ForexCycle.com | February 8, 2008 8:11 pm
EURUSD is forming a sideways consolidation in a range between 1.4309 and 1.4966. Further pullback to the up trend line from 1.4309 to 1.4365 to reach the next cycle bottom on daily chart could still be seen...

EURUSD Analysis. Feb 6, 2008

by ForexCycle.com | February 5, 2008 6:51 pm
EURUSD dropped sharply from 1.4951, and reached as low as 1.4621. Further pullback to 1.4400 area to reach the next cycle bottom on daily chart could still be seen in a couple of days, and the next...

EURUSD Analysis. Feb 2, 2008

by ForexCycle.com | February 1, 2008 9:17 pm
EURUSD failed to test the previous high resistance at 1.4966 and pulled back from 1.4951. Further decline towards 1.4400 area to reach the next cycle bottom on daily chart is still possible next week. Key resistance is...

EURUSD Analysis. Jan 30, 2008

by ForexCycle.com | January 29, 2008 7:36 pm
EURUSD is forming a symmetrical triangle pattern in a range between 1.4309 and 1.4966. Near term resistance is at the down trend line from 1.4966 to 1.4921, pullback towards 1.4400 area to reach the next cycle bottom...

EURUSD Analysis. Jan 26, 2008

by ForexCycle.com | January 25, 2008 8:05 pm
No changed in our view, EURUSD is forming a symmetrical triangle pattern, and sideways consolidation in a range between 1.4309 and 1.4966 may be seen next week. Near term support is at the up trend line from...

EURUSD Analysis. Jan 23, 2008

by ForexCycle.com | January 22, 2008 8:43 pm
EURUSD formed a sideways consolidation in a range between1.4309 and 1.4966 to the up trend. It will move without trend in this range until the next cycle bottom on daily chart appears. Symmetrical triangle pattern will more...

EURUSD Analysis. Jan 20, 2008

by ForexCycle.com | January 19, 2008 7:05 pm
EURUSD failed to test the previous high resistance at 1.4966 and dropped sharply from 1.4921 level. A cycle top on daily chart has been formed and further decline towards 1.4450 area to reach the next cycle bottom...

EURUSD Analysis. Jan 16, 2008

by ForexCycle.com | January 15, 2008 7:30 pm
EURUSD failed to test the previous high resistance at 1.4966 and pulled back from 1.4921 level. Consolidation can be seen before breaking above 1.4966 level, and rise above 1.4966 level is still possible after consolidation. Key support...

EURUSD Analysis. Jan 13, 2008

by ForexCycle.com | January 13, 2008 3:12 am
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...