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03-07-2007, 21:51
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#81
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Re: EURUSD long term analysis
EURUSD's up trend from 1.3263 extended to as high as 1.3637, further rise above 1.3681 previous high will be seen after a slightly consolidation. Near tem support is at 1.3500, as long as this support holds, up trend will continue. For long term analysis, EURUSD broke above the key resistance at 1.3553 and bottomed at 1.3263 level on weekly chart. Further rise towards 1.4000 to reach the next cycle top on weekly chart is expected to follow in the next several weeks.
http://www.forexcycle.com/eurusd.html
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07-07-2007, 23:07
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#82
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Re: EURUSD long term analysis
EURUSD is in up trend, the rise from 1.3263 extended to as high as 1.3659, further rise towards 1.3800 is expected to follow after a slightly correction, and a break above 1.3659 level will confirm such case. Near term support is at 1.3550, as long as this support holds, up trend will continue. For long term analysis, EURUSD bottomed at 1.3263 on weekly chart. Further rise towards 1.4000 to reach the next cycle top on weekly chart is expected to follow in the next several weeks.
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10-07-2007, 23:33
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#83
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level 2
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Re: EURUSD long term analysis
As expected, EURUSD broke above 1.3681 (April high) and reached as high as 1.3787, further rise towards 1.4000 to reach the next cycle top on daily chart is expected to follow in the next several days. Near term support is at 1.3650 and followed by 1.3567, only break below 1.3567 level will signal the reversal to the up trend. For long term analysis, EURUSD bottomed at 1.3263 on weekly chart. Further rise towards 1.4500 to reach the next cycle top on weekly chart is expected to follow in the next several weeks.
http://www.forexcycle.com/eurusd.html
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13-07-2007, 23:18
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#84
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Re: EURUSD long term analysis
EURUSD broke above 1.3668 (2004 high) and the up trend from 1.3262 extended to as high as 1.3813, further rise towards 1.3900 to reach the next cycle top on daily chart is still possible next week. Near term support is at 1.3650, break below this level will signal consolidation to the up trend. For long term analysis, EURUSD bottomed at 1.3263 on weekly chart. Further rise towards 1.4500 to reach the next cycle top on weekly chart is expected to follow in the next several weeks.
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17-07-2007, 23:02
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#85
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Re: EURUSD long term analysis
EURUSD is in up trend, the rise from 1.3262 extended to as high as 1.3822, and further rise towards 1.3900 to reach the next cycle top on daily chart is still possible in the next several days. Near term support is at 1.3750, a break below this level will signal consolidation to the up trend. For long term analysis, EURUSD bottomed at 1.3262 on weekly chart. Further rise towards 1.4500 to reach the next cycle top on weekly chart is expected to follow in the next several weeks.
http://www.forexcycle.com/eurusd.html
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21-07-2007, 11:15
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#86
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Re: EURUSD long term analysis
EURUSD's up trend remains and the rise from 1.3262 extended to as high as 1.3842. Further rise towards 1.3900 to reach the next cycle top on daily chart is expected next week. Near term support is at 1.3750, a break below this level will signal consolidation to the up trend. For long term analysis, EURUSD bottomed at 1.3262 on weekly chart. Further rise towards 1.4500 to reach the next cycle top on weekly chart is expected to follow in the next several weeks.
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24-07-2007, 22:17
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#87
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level 2
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Re: EURUSD long term analysis
EURUSD is in up trend, the rise from 1.3262 extended to as high as 1.3851, further rise towards 1.3900 to reach the next cycle top on daily chart is still possible in the next several days. However, the next cycle top is nearing, key support is at 1.3750, a break below this level will signal consolidation to the up trend. For long term analysis, EURUSD bottomed at 1.3262 on weekly chart. Further rise towards 1.4500 to reach the next cycle top on weekly chart is expected to follow in the next several weeks.
http://www.forexcycle.com/eurusd.html
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27-07-2007, 23:05
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#88
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level 2
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Re: EURUSD long term analysis
EURUSD broke below 1.3750 key support and topped at 1.3851 on daily chart. Further fall towards 1.3550 area to reach the next cycle bottom is expected to follow next week. Near term resistance is at 1.3740 and key resistance is at 1.3851, only break above the key resistance will signal the resumption of the up trend. For long term analysis, EURUSD is in long term bullish movement. The fall from 1.3851 is treated as consolidation to the long term up trend, up trend will resume after consolidation and rise towards 1.4500 to reach the next cycle top on weekly chart is still in favor.
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