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21-09-2007, 23:14
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#105
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level 2
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Re: EURUSD long term analysis
EURUSD’s up trend remains, the rise from 1.3360 extended to as high as 1.4119, and sharply rise towards 1.4500 area is still possible next week. Near term support is at 1.3900 and followed by the up trend line from 1.3360 to 1.3550, only break below the trend line support will signal the reversal to the up trend. For long term analysis, EURUSD is in long term bullish movement, and further rise towards 1.4500 to reach the next cycle top on weekly chart ca be seen.
http://www.forexcycle.com/eurusd.html
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25-09-2007, 22:57
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#106
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level 2
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Re: EURUSD long term analysis
EURUSD is in up trend, the rise form 1.3360 extended to as high as 1.4161, more sharply rises is expected, and target might be at 1.4250-1.4320 area. Near term support is at 1.4000 and followed by the up trend line from 1.3360 to 1.3550, only break below the trend line support will signal the reversal to the up trend. For long term analysis, EURUSD is in long term bullish movement, and further rise towards 1.4500 to reach the next cycle top on weekly chart can be seen.
http://www.forexcycle.com/eurusd.html
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29-09-2007, 21:00
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#107
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level 2
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Re: EURUSD long term analysis
EURUSD is in up trend, the rise form 1.3360 extended to as high as 1.4278, and sharply rise towards 1.4500 is still possible next week. Near term support is at 1.4060 and followed by the up trend line from 1.3360 to 1.3550, only break below the trend line support will signal consolidation to the up trend. For long term analysis, EURUSD is in long term bullish movement, and further rise towards 1.4500 to reach the next cycle top on weekly chart can be seen.
http://www.forexcycle.com/eurusd.html
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02-10-2007, 21:06
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#108
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level 2
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Re: EURUSD long term analysis
EURUSD is in up trend. The fall from 1.4281 is treated as consolidation to the up trend. Further fall towards 1.4050 to reach the next cycle bottom on daily chart is still possible in the next several days. Up trend will resume after consolidation, a break above 1.4281 level will signal the resumption of the up trend, and rise towards 1.4500 is expected to follow. For long term analysis, EURUSD is in long term bullish movement, and further rise towards 1.4500 to reach the next cycle top on weekly chart can be seen.
http://www.forexcycle.com/eurusd.html
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06-10-2007, 10:37
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#109
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level 2
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Re: EURUSD long term analysis
EURUSD might be bottoming at 1.4031 on daily chart, key resistance is at 1.4281, a break above this level will confirm the cycle bottom, and further rise towards 1.4500 to reach the next cycle top is expected to follow. Near term support is at the up trend line from 1.3360 to 1.3550, only break below this trend line support will signal the reversal to the up trend. For long term analysis, EURUSD is in long term bullish movement, and further rise towards 1.4500 to reach the next cycle top on weekly chart can be seen.
http://www.forexcycle.com/eurusd.html
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09-10-2007, 23:21
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#110
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level 2
Join Date: Apr 2006
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Re: EURUSD long term analysis
EURUSD is in up trend, the fall from 1.4281 is treated as consolidation to the up trend, further rise towards 1.4500 is still possible after consolidation, and a break above 1.4281 previous high will signal the resumption of the up trend. Near term support is at the up trend line from 1.3360 to 1.3550, as long as the trend line support holds, up trend will continue. For long term analysis, EURUSD is in long term bullish movement, and further rise towards 1.4500 to reach the next cycle top on weekly chart can be seen.
http://www.forexcycle.com/eurusd.html
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12-10-2007, 21:59
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#111
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level 2
Join Date: Apr 2006
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Re: EURUSD long term analysis
EURUSD is in consolidation to the up trend, pullback below 1.4014 previous low to reach the next cycle bottom on daily chart is still possible next week. Key resistance is at 1.4281, a break above this level will signal the resumption of the up trend, and further rise towards 1.4500 is expected to follow. For long term analysis, EURUSD is in long term bullish movement, and further rise towards 1.4500 to reach the next cycle top on weekly chart can be seen.
http://www.forexcycle.com/eurusd.html
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16-10-2007, 22:50
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#112
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level 2
Join Date: Apr 2006
Posts: 773
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Re: EURUSD long term analysis
EURUSD is in sideways consolidation to the up trend, pullback towards the up trend line from 1.3360 to 1.3550 is still possible in the next several days. Near term support is at 1.4014, key resistance is at 1.4281, a break above 1.4281 level will signal the resumption of the up trend, and further rise towards 1.4500 is expected to follow. For long term analysis, EURUSD is in long term bullish movement, and further rise towards 1.4500 to reach the next cycle top on weekly chart can be seen.
http://www.forexcycle.com/eurusd.html
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