Premium
- New York
- London
- Barcelona
- Tokyo
- Sydney
Search
Short Term Analysis
AUDUSD formed a short term cycle top at 0.9541
Thu, May 1 2008, 00:51 GMT
by Franco Shao
AUDUSD formed a short term cycle top at 0.9541. The fall from 0.9541 could possibly be resumption of the down trend and a break of 0.9290 level will confirm such case. Initial resistance is now at 0.9541, only rise above this level will indicate that the up trend from 0.8953 (Mar 20 low) is underway, and then further rally towards 0.9600 is expected to follow.
Published on Thu, May 1 2008, 00:54 GMT
Archive
- GBPUSD is testing 1.9814 support
Published On Fri, Jul 25 2008, 01:24 GMT - EURUSD broke below the trend line support
Published On Thu, Jul 24 2008, 01:31 GMT - USDCAD broke above 1.0080 resistance
Published On Wed, Jul 23 2008, 02:04 GMT - GBPUSD might be forming a short term cycle bottom
Published On Tue, Jul 22 2008, 02:22 GMT - EURUSD rebounds from 1.5783 level
Published On Mon, Jul 21 2008, 01:54 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.