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11-06-2006, 21:01
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#33
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Re: Forex Cycle Analysis
EURUSD is in down trend, as long as the down trend line resistance holds, further fall towards 1.2550 can be expected. Key resistance is still at 1.2815, only rises above this level may signal a reversal from the down trend.
http://www.forexcycle.com/eurusd.html
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12-06-2006, 20:28
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#34
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level 2
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Re: Forex Cycle Analysis
EURUSD is still in down trend, as long as the falling trend line resistance holds, further fall towards 1.2550 can be expected. On the other side, the next cycle bottom is nearing on 4 hours chart, key resistance is now at 1.2683, a break above this level may signal the cycle bottom.
http://www.forexcycle.com/
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13-06-2006, 21:51
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#35
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level 2
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Re: Forex Cycle Analysis
EURUSD is still in down trend, and further fall towards 1.2500 is possible later today. On the other side, the next cycle bottom is nearing on 4 hours chart, key resistance is now at 1.2683, a break above this level may signal the cycle bottom.
http://www.forexcycle.com/eurusd.html
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15-06-2006, 00:31
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#36
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level 2
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Re: Forex Cycle Analysis
EURUSD is bottoming on 4 hours chart, key resistance is now at 1.2647, a break above this level will signal the cycle bottom, and this key resistance will be broken soon.
http://www.forexcycle.com/
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15-06-2006, 21:14
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#37
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level 2
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Re: Forex Cycle Analysis
Key resistance of 1.2647 is broken above, EURUSD bottomed on 4 hours chart, it will form a sideways consolidation in a range between 1.2530 and 1.2683 before moving lower again.
http://www.forexcycle.com/
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18-06-2006, 21:01
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#38
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level 2
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Re: Forex Cycle Analysis
EURUSD is treated as in correction to the downtrend, key support is at 1.2581 level, a break below this level may signal the cycle top, downtrend will resume after this key support is broken.
http://www.forexcycle.com/eurusd.html
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19-06-2006, 20:46
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#39
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level 2
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Re: Forex Cycle Analysis
Key support of 1.2581 is broken below, EURUSD topped at 1.2671, further fall below 1.2530 can be expected later today. Key resistance is at 1.2671, only break above this level may take price to 1.2700 level.
http://www.forexcycle.com/
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20-06-2006, 22:00
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#40
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level 2
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Re: Forex Cycle Analysis
EURUSD is forming a sideways consolidation in a range between 1.2530 and 1.2671 on 4 hours chart, further rise to 1.2640 can be seen before downtrend resumes again, and key resistance of 1.2671 will likely be held. On the other side, if 1.2671 resistance is broken above, the pair will rise to 1.2700 area.
http://www.forexcycle.com/eurusd.html
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