Premium
- New York
- London
- Barcelona
- Tokyo
- Sydney
Search
Long Term Forex Analysis
USDCHF rebounded from 1.0010 level
Sat, Jul 19 2008, 05:29 GMT
by Franco Shao
USDCHF rebounded from 1.0010 level. Further rise to 1.0400 to reach the next cycle top on daily chart is still possible next week. Initial resistance is at 1.0351 and long term key resistance is located at 1.0539, rise above 1.0539 level will indicate that the down trend from 1.0623 has completed.
For long term analysis, USDCHF formed a long term cycle top at 1.0623 on weekly chart. Consolidation in a range between 0.9634 and 1.0623 is expected. Up trend will resume before breaking below 0.9634 level.
Published on Sat, Jul 19 2008, 05:33 GMT
Archive
- USDCAD is in consolidation to up trend
Published On Sat, Sep 6 2008, 02:50 GMT - EURUSD is test the support of the up trend line
Published On Wed, Sep 3 2008, 02:10 GMT - USDCHF traded in range between 1.0842 and 1.1084
Published On Sat, Aug 30 2008, 00:58 GMT - GBPUSD's down trend remains
Published On Wed, Aug 27 2008, 01:40 GMT - USDCAD broke below 1.0543 key support
Published On Sun, Aug 24 2008, 02:05 GMT
ForexCycle.com
| China
http://www.forexcycle.com/ | info@forexcycle.com
Legal disclaimer and risk disclosure
Investment and trading decisions are solely your responsibility. None of the ForexCycle.com newsletters or web site materials should be interpreted as a recommendation or solicitation to take any short or long positions, or to take any specific action.Interested in forex trading? forex brokerage firms!
FXstreet.com will give you a 3 months membership as soon as minimum rebates have been generated (€150 for private trader/ €300 for corporate trader)
[Read Premium full description]
Rates
Charts
News
Live
Reports
Other
- Looking for a Broker/FDM?
- Content Contributors
- Premium section
- Workshops and Conventions
- Forex Books
Full Site Map
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management.
Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
©2008 "FXstreet.com. The Forex Market" All Rights Reserved.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management.
Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
©2008 "FXstreet.com. The Forex Market" All Rights Reserved.
