EURUSD Analysis – Mar 19, 2008
EURUSD’s up trend extends to as high as 1.5902. The pullback from 1.5902 suggests that the pair is forming a cycle top on daily chart. Deeper decline to 1.5000 area is expected, and a break of 1.5500...
Tag: EURUSD
EURUSD Analysis – Mar 15, 2008
EURUSD’s up trend remains and rise sharply to as high as 1.5687 level. As long as the up trend line from 1.4778 to 1.5281 support holds, rise to 1.5800 area to reach the next cycle top on...
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...
EURUSD Analysis – Mar 9, 2008
EURUSD’s uptrend extends to as high as 1.5463 level. Further rise to 1.5600 area to reach the next cycle top on daily chart is still possible. However, the next cycle top is nearing. The key support is...
EURUSD Analysis – Mar 5, 2008
EURUSD’s up trend remains. Further rally to 1.5400 area to reach the next cycle top on daily chart is still possible and the next cycle top is nearing. Key support is at 1.4950, a break of this...
EURUSD Analysis – Mar 1, 2008
EURUSD rises sharply to as high as 1.5238 level. Further rally to 1.5400 area to reach the next cycle top on daily chart is still possible next week. Near term support is at 1.5050 and followed by...
EURUSD Analysis – Feb 27, 2008
As expected, EURUSD breaks above 1.4966 (23 Nov 2007 high) and reaches as high as 1.5047. Further rise to 1.5300 area to reach the next cycle top on daily chart is still possible. Near term support is...
EURUSD Analysis – Feb 24, 2008
EURUSD formed a cycle bottom on daily chart, and the consolidation from 1.4966 has completed at 1.4438 level. Further rise to test 1.4966 previous high resistance is expected, and breaking above this level to reach the next...
EURUSD Analysis – Feb 20, 2008
EURUSD formed a cycle bottom at 1.4438 and is now in up trend. Further rally to test previous high resistance at 1.4966 is still possible. Near term support is at 1.4600 followed by the up trend line...
EURUSD Analysis – Feb 17, 2008
EURUSD formed a cycle bottom on daily chart, and the consolidation from 1.4966 has completed at 1.4438 level. Further rally to test 1.4966 long term key resistance is still possible, a break of this level will signal...