Forex Cycle Analysis

[sdotwewen]

AUDUSD breaks below the rising price channel support formed a short term cycle top at 0.9496 level. Further pullback to 0.9200 area is still possible in a couple of days. Key resistance is at 0.9496 only break of this level will signal the resumption of the up trend.
http://blog.forexcycle.com/712/short...is-mar-3-2008/

[sdotwewen]

EURUSD’s up trend 1.4438 extends to as high as 1.5273. Further rise to 1.5350 area to reach the next short term cycle top on 4-hour chart is still possible the next cycle top is nearing. Key support is at 1.5072 a break of this level will confirm the cycle top indicate that the up trend 1.4438 has completed.
http://blog.forexcycle.com/713/short...is-mar-4-2008/

[sdotwewen]

EURUSD is in up trend the fall form 1.5463 is treated as consolidation to the up trend. Further rally to 1.5600 area is still possible in a couple of days a break of 1.5463 will confirm such case. Near term support is at 1.5250 followed by 1.5145 as long as 1.5145 support holds up trend will continue.
http://blog.forexcycle.com/715/short...s-mar-10-2008/

[sdotwewen]

USDJPY is testing the previous low support at 101.41 a break below this level will signal the resumption of the down trend then deeper decline to test 100.00 support could be seen. Near term resistance is at 103.25 followed by 104.17 as long as 104.17 resistance holds we’d expect down trend to continue.
http://blog.forexcycle.com/716/short...s-mar-11-2008/

[sdotwewen]

AUDUSD formed a short term cycle bottom at 0.9147 level on 4-hour chart. Further rise to test the previous high resistance at 0.9496 is still possible later today a break above this resistance indicates that the long term up trend is resumed then further rise to 0.9600 is expected to follow. Near term support is at 0.9329 a break of this level will pull price back to retest 0.9147 previous low.
http://blog.forexcycle.com/718/short...s-mar-14-2008/

[sdotwewen]

AUDUSD drops below the key support at 0.9329 formed a short term cycle top at 0.9470. Further pullback to retest 0.9147 previous low could be seen in the next several days. Near term resistance is at 0.9470 only break of this level will signal the resumption of the up trend.
http://blog.forexcycle.com/719/short...s-mar-17-2008/

[sdotwewen]

EURUSD is forming a short term cycle top at 1.5902 level sideways consolidation in a range between 1.5531 1.5902 is possible in a couple of days. As long as the key support at 1.5531 holds we’d expect up trend to resume a break below the key support will indicate that the up trend 1.4438 (Feb 7 low) has completed.
http://blog.forexcycle.com/720/short...s-mar-18-2008/

[sdotwewen]

USDCHF formed a short term cycle bottom at 0.9634 on 4-hour chart. Rebound 0.9634 is treated as correction to the longer term down trend. Further rise to 1.0200 area to reach the next cycle top is still possible in the next several days. As long as 1.0352 resistance holds we’d expected down trend to resume. Key support is at 0.9634 a break of this level will signal the resumption of the down trend.
http://blog.forexcycle.com/722/short...s-mar-20-2008/