EURUSD Analysis – Mar 26, 2008

by ForexCycle.com | March 25, 2008 7:53 pm
EURUSD rebounds from 1.5342 and is forming a cycle bottom on daily chart. Sideways consolidation in a range between 1.5342 and 1.5902 is expected in the next several days. Deeper decline to 1.5000 area is still possible...

EURUSD Analysis – Mar 22, 2008

by ForexCycle.com | March 21, 2008 9:14 pm
EURUSD dropped sharply to as low as 1.5396, and confirmed a cycle top at 1.4902 level on daily chart. Deeper decline to 1.5000 area to reach the next cycle bottom is still possible in a couple of...

EURUSD Analysis – Mar 19, 2008

by ForexCycle.com | March 18, 2008 9:56 pm
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...

EURUSD Analysis – Mar 15, 2008

by ForexCycle.com | March 14, 2008 9:09 pm
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

by ForexCycle.com | March 11, 2008 7:20 pm
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

by ForexCycle.com | March 8, 2008 7:47 pm
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

by ForexCycle.com | March 4, 2008 6:43 pm
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

by ForexCycle.com | February 29, 2008 8:04 pm
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

by ForexCycle.com | February 26, 2008 8:22 pm
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

by ForexCycle.com | February 23, 2008 8:18 pm
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...