EURUSD is testing 1.5342 key support, consolidation will more likely
be seen before breaking below this level, and rebound to 1.5650 area
is expected. Key resistance is located at 1.6019, only break of this
level will signal resumption of the long term up trend.
For more Free Forex Market Analysis, visit http://www.forexcycle.com.
For more Free Forex Trading courses, visit Forex Article Collection.
http://www.forexarticlecollection.com
Short Term Forex Market Analysis
http://blog.forexcycle.com
ForexCycle.com
http://www.forexcycle.com
USDJPY's up trend remains and the pullback from 105.70 is treated as
consolidation to the up trend. Further rise to 108.00 area is still
possible after consolidation. Near term support is at the rising price
channel, as long as the channel support holds, up trend will continue.
Key support is now located at 102.67, only break below this level will
signal reversal to the up trend.
For more Free Forex Market Analysis, visit http://www.forexcycle.com.
For more Free Forex Trading courses, visit Forex Article Collection.
http://www.forexarticlecollection.com
Short Term Forex Market Analysis
http://blog.forexcycle.com
ForexCycle.com
http://www.forexcycle.com
Being supported by the key support at 0.8682 level, AUDUSD rebounded
from 0.8699 level. Further rise towards 0.9398 is still possible, and
a break above 0.9018 previous high will signal the resumption of the
up trend. On the other side, if 0.9018 gives way, fall below 0.8551
previous low can be seen.
For more Free Forex Market Analysis, visit http://www.forexcycle.com.
For more Free Forex Trading courses, visit Forex Article Collection.
http://www.forexarticlecollection.com
Short Term Forex Market Analysis
http://blog.forexcycle.com
ForexCycle.com
http://www.forexcycle.com
USDJPY is forming a cycle bottom at 102.58 on daily chart. The rise
from 102.58 is treated as resumption of the up trend. Further rise
towards 108.00 to reach the next cycle top is expected. Initial
support is low located at 102.58, only break below this level will
indicate lengthier correction to the up trend.
For more Free Forex Market Analysis, visit http://www.forexcycle.com.
For more Free Forex Trading courses, visit Forex Article Collection.
http://www.forexarticlecollection.com
Short Term Forex Market Analysis
http://blog.forexcycle.com
ForexCycle.com
http://www.forexcycle.com
AUDUSD breaks above 0.9541 previous high and up trend from 0.8953
resumes. Further rise to 1.0000 is now in favor. Initial support is at
the up trend line and followed by 0.9275, as long as 0.9275 support
holds, up trend will continue.
For more Free Forex Market Analysis, visit http://www.forexcycle.com.
For more Free Forex Trading courses, visit Forex Article Collection.
http://www.forexarticlecollection.com
Short Term Forex Market Analysis
http://blog.forexcycle.com
ForexCycle.com
http://www.forexcycle.com
USDCHF broke below the key support at 1.0388 and formed a cycle top at
1.0623 on daily chart. Deeper decline to retest 0.9870 is expected in
the next few days. Key resistance is now at 1.0623, only rise above
this level will signal resumption of the up trend.
For more Free Forex Market Analysis, visit http://www.forexcycle.com.
For more Free Forex Trading courses, visit Forex Article Collection.
http://www.forexarticlecollection.com
Short Term Forex Market Analysis
http://blog.forexcycle.com
ForexCycle.com
http://www.forexcycle.com
GBPUSD is forming a sideways consolidation in a range between 1.9337
(Jan 22 low) and 2.0391. Further rally is expected to test 2.0029
resistance. Key support is now located at 1.9363, only break of this
level will signal resumption of the down trend.
For more Free Forex Market Analysis, visit http://www.forexcycle.com.
For more Free Forex Trading courses, visit Forex Article Collection.
http://www.forexarticlecollection.com
Short Term Forex Market Analysis
http://blog.forexcycle.com
ForexCycle.com
http://www.forexcycle.com
EURUSD is moving to the next cycle top on daily chart. Further rise to
test 1.6019 previous high resistance is still possible after
consolidation. As long as 1.6019 resistance holds, rebound from 1.5284
is treated as correction to the long term down trend, and pullback to
1.5000 area could be seen after correction. Only break above 1.6019
level will signal resumption of the long term up trend.
For more Free Forex Market Analysis, visit http://www.forexcycle.com.
For more Free Forex Trading courses, visit Forex Article Collection.
http://www.forexarticlecollection.com
Short Term Forex Market Analysis
http://blog.forexcycle.com
ForexCycle.com
http://www.forexcycle.com
EURUSD dropped sharply from 1.5818 and formed a cycle top on daily
chart. The fall from 1.5818 could possibly be resumption of the long
term down trend. Further pullback to test 1.5284 previous low support
is expected after consolidation. Initial resistance is at 1.5818, only
rise above this level will indicate lengthier correction to the down
trend is under way, and delay the resumption of the down trend.
For more Free Forex Market Analysis, visit http://www.forexcycle.com.
For more Free Forex Trading courses, visit Forex Article Collection.
http://www.forexarticlecollection.com
Short Term Forex Market Analysis
http://blog.forexcycle.com
ForexCycle.com
http://www.forexcycle.com
EURUSD is in down trend, and the fall from 1.5818 extends to as low as
1.5410. Deeper decline could be seen to test 1.5284 previous low
support in a couple of days, and break below this level to reach the
next cycle bottom on daily chart is expected to follow. Initial
resistance is at 1.5628, and key resistance is at 1.5818, only break
of 1.5818 level will signal reversal to down trend.
For more Free Forex Market Analysis, visit http://www.forexcycle.com.
For more Free Forex Trading courses, visit Forex Article Collection.
http://www.forexarticlecollection.com
Short Term Forex Market Analysis
http://blog.forexcycle.com
ForexCycle.com
http://www.forexcycle.com
USDCAD formed a cycle bottom at 0.9818 on daily chart. Sideways
consolidation from 1.0378 (Jan 22 high) has completed and up trend has
resumed. Further rise above 1.0378 is expected. Key support is at
0.9818, only break of this level will turn price back to 0.9550 area.
For more Free Forex Market Analysis, visit http://www.forexcycle.com.
For more Free Forex Trading courses, visit Forex Article Collection.
http://www.forexarticlecollection.com
Short Term Forex Market Analysis
http://blog.forexcycle.com
ForexCycle.com
http://www.forexcycle.com
EURUSD broke above 1.5818 resistance and pulled back from 1.5843
level. The fall from 1.5843 is treated as resumption of down trend.
Deeper decline to 1.5000 area to reach next cycle bottom on daily
chart could be seen, if previous low support at 1.5284 gives way.
Initial resistance is at 1.5843, as long as this resistance holds,
we'd expect down trend to continue.
For more Free Forex Market Analysis, visit http://www.forexcycle.com.
For more Free Forex Trading courses, visit Forex Article Collection.
http://www.forexarticlecollection.com
Short Term Forex Market Analysis
http://blog.forexcycle.com
ForexCycle.com
http://www.forexcycle.com
EURUSD is testing 1.5284 previous low support. If this support gives
way, deeper decline to 1.5000 area to reach the next cycle bottom on
daily chart could be seen. Initial resistance is at 1.5585, as long as
this resistance holds, we'd expect down trend to continue.
For more Free Forex Market Analysis, visit http://www.forexcycle.com.
For more Free Forex Trading courses, visit Forex Article Collection.
http://www.forexarticlecollection.com
Short Term Forex Market Analysis
http://blog.forexcycle.com
ForexCycle.com
http://www.forexcycle.com
USDCAD might be forming a cycle top at 1.0322 on daily chart. Key
support is at 1.0150, a break of this level will confirm the cycle
top, and deeper decline to 1.0000 area is expected to follow. Near
term resistance is at 1.0322, only rise above this level will signal
resumption of up trend.
For more Free Forex Market Analysis, visit http://www.forexcycle.com.
For more Free Forex Trading courses, visit Forex Article Collection.
http://www.forexarticlecollection.com
Short Term Forex Market Analysis
http://blog.forexcycle.com
ForexCycle.com
http://www.forexcycle.com
USDCHF formed a cycle bottom at 1.0147 on daily chart. The rise from
1.0147 could possibly be resumption of up trend. Further rally to
1.0800 area is possible in next few day. Initial support is at 1.0300
and key support is at 1.0147, only break of the key support will
signal resumption of down trend.
For more Free Forex Market Analysis, visit http://www.forexcycle.com.
For more Free Forex Trading courses, visit Forex Article Collection.
http://www.forexarticlecollection.com
Short Term Forex Market Analysis
http://blog.forexcycle.com
ForexCycle.com
http://www.forexcycle.com
EURUSD formed a cycle bottom at 1.5302 on daily chart. Consolidation
could be seen in a range between 1.5302 and 1.5843. A break below
1.5302 level will indicate that consolidation has completed, and
pullback to 1.5000 area is expected to follow.
For more Free Forex Market Analysis, visit http://www.forexcycle.com.
For more Free Forex Trading courses, visit Forex Article Collection.
http://www.forexarticlecollection.com
Short Term Forex Market Analysis
http://blog.forexcycle.com
ForexCycle.com
http://www.forexcycle.com