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Forex Cycle author page

Author

Franco

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forexcycle@gmail.com

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Forex Cycle. See more Forex Analysis from forex cycle.

Latest Posts by Forex Cycle:

Author Archive

USDCHF traded in a narrow range

February 3rd, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

USDCHF traded in a narrow range between 0.9114 and 0.9249 for several days. The price action in the range could be treated as consolidation of downtrend from 0.9594. ... Read more

USDCHF stays in a downward price channel

February 2nd, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

USDCHF stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9594, the price action in the range between 0.9114 and 0.9249 is treated ... Read more

USDCHF breaks above downward trend line

February 1st, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

USDCHF breaks above the downward trend line on 4-hour chart, suggesting that a cycle bottom has been formed at 0.9114. Further rally would likely be seen later today, ... Read more

EURUSD rebounded from 1.3077

January 31st, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

After testing the support of the upward trend line on 4-hour chart, EURUSD rebounded from 1.3077. The bounce would possibly be resumption of uptrend from 1.2624, further rise ... Read more

AUDUSD pulled back from 1.0687

January 30th, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

Being contained by the upper line of the price channel on 4-hour chart, AUDUSD pulled back from 1.0687, suggesting that a cycle top is being formed. Deeper decline towards the ... Read more

USDCHF’s downward movement extended to 0.9156

January 27th, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

USDCHF’s downward movement from 0.9594 extended to as low as 0.9156. Resistance is now at the downward trend line on 4-hour chart, as long as the trend line ... Read more

AUDUSD stays in a upward price channel

January 19th, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

AUDUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.9861. Support is at 1.0300, as long as this level holds, the price action from ... Read more

AUDUSD broke above 1.0385 resistance

January 18th, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

AUDUSD broke above 1.0385 resistance and continued its upward movement from 0.9861. Further rise is expected after a minor consolidation, and next target would be at 1.0500 area. ... Read more

AUDUSD moved sideways in a range

January 16th, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

AUDUSD moved sideways in a range between 1.0145 and 1.0385. Initial support is at the lower line of the price channel on 4-hour chart, and the key support ... Read more

AUDUSD stays in a upward price channel

January 12th, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

AUDUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.9861. Initial support is at the lower line of the channel, as long ... Read more

USDJPY stays in a trading range between 76.60 and 77.32

January 11th, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

USDJPY stays in a trading range between 76.60 and 77.32. Lengthier consolidation in the range would likely be seen in a couple of days. Key resistance is at ... Read more

AUDUSD rebounded from 1.0145

January 10th, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

Being supported by the lower border of the price channel on 4-hour chart, AUDUSD rebounded from 1.0145, suggesting that the fall from 1.0385 has completed. Now the bounce ... Read more

AUDUSD pulled back from 1.0385

January 9th, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

After touching 1.0378 resistance, AUDUSD pulled back from 1.0385, however, the fall from 1.0385 would possibly be consolidation of uptrend from 0.9861. Key support is now located at ... Read more

USDCHF is facing 0.9546 resistance

January 6th, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

USDCHF is facing 0.9546 resistance, a break above this level will indicate that the uptrend from 0.8569 (Oct 27, 2011 low) has resumed, then further rise towards 1.0000 ... Read more

EURUSD failed to break above the price channel

January 5th, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

EURUSD failed to break above the upper line of the price channel on 4-hour chart, and pulled back from 1.3076. Further fall to test 1.2858 support would likely ... Read more

EURUSD’s bounce extended to 1.3076

January 4th, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

EURUSD’s bounce from 1.2858 extended to as high as 1.3076. Further rise is still possible later today, and the target would be at the upper line of the ... Read more

USDCHF moved sideways in a range

January 3rd, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

USDCHF moved sideways in a range between 0.9244 and 0.9546 for several days. The price action in the range is likely consolidation of uptrend from 0.8569 (Oct 27, ... Read more

USDCHF stays above a upward trend line

January 2nd, 2012 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

USDCHF stays above a upward trend line on 4-hour chart, and remains in uptrend from 0.9244, the fall from 0.9469 would possibly be consolidation of uptrend. Another rise ... Read more

USDCHF’s bounce extended to 0.9469

December 30th, 2011 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

USDCHF’s bounce from 0.9244 extended to as high as 0.9469. Support is now at the upward trend line on 4-hour chart, as long as the trend line support ... Read more

USDCHF had formed a cycle bottom at 0.9244

December 28th, 2011 | By forexcycle | Published in Daily Technical | Comments on this postNo Comments »

USDCHF had formed a cycle bottom at 0.9244 on 4-hour chart. Now the rise from 0.9244 would possibly be resumption of uptrend from 0.8569 (Oct 27 low), further ... Read more