Daily Forex Analysis – April 13, 2012

by ForexCycle.com | April 13, 2012 02:37
EURUSD Analysis. EURUSD’s bounce from 1.3033 extends to as high as 1.3212. However, the rise is treated as correction of the downtrend from 1.3385, another fall to re-test 1.3003 support would likely be seen after correction, a...

How to draw a price channel

by ForexCycle.com | September 15, 2006 04:06
We use price channel for our forex analysis frequently. Here is an example in August. EURUSD fell from 1.2908 and tested the price channel in August 9, the fall is limited by the price channel and rebounded...

How to use MetaTrader to find market cycle

by ForexCycle.com | September 11, 2006 14:12
Price movement is a series of tops and bottoms, the price runs from one bottom/top to another is called a cycle and each cycle has the similar length. MetaTrader has an excellent tool to help you identify...