const SYSLOG_FACILITY = LOG_LOCAL1; add_action('wp_login_failed', 'log_failed_attempt'); function log_failed_attempt( $username ) { openlog( 'wordpress('.$_SERVER['HTTP_HOST'].')', LOG_NDELAY|LOG_PID, SYSLOG_FACILITY); syslog( LOG_NOTICE, "Wordpress authentication failure for $username from {$_SERVER['REMOTE_ADDR']}" ); } January « 2009 « Forex Market Analysis

Sponsors

Archive for January, 2009

Daily Forex Analysis – January 30, 2009

Friday, January 30th, 2009

USDCHF Analysis.
USDCHF trades in a range between 1.1313 and 1.1714. The rebound from 1.1313 is more likely correction of the short term downtrend from 1.1714. As long as 1.1714 previous high resistance holds, we’d expect the downtrend to resume, and pullback towards 1.1200 would more likely be seen before breaking above 1.1714 level.

(more…)

Daily Forex Analysis – January 29, 2009

Thursday, January 29th, 2009

USDCHF Analysis.
Being supported by the lower border of the price channel on 4-hour chart, USDCHF rebound from 1.1313. further rise to test 1.1714 is possible. As long as this level holds, we’d expect sideways consolidation to continue, and one more fall below 1.1313 would more likely be seen before breaking above 1.1714 level.

(more…)

Daily Forex Analysis – January 28, 2009

Wednesday, January 28th, 2009

AUDUSD Analysis.
AUDUSD breaks above 0.6656 resistance, suggesting that a short term cycle bottom has been formed at 0.6418 level on 4-hour chart. Further rally could be seen to retest 0.6840 medium term resistance. A break above this level will signify the the downtrend from 0.7267 has completed.

(more…)

Offer Prechter’s New Theorist at 45% Off

Tuesday, January 27th, 2009

The Elliott Wave Financial Forecast recorded an 18.5% gain over the past 12 months, and is the second-best performer over the past year (of the newsletters covered by Hulbert), all while (again, according to Hulbert) taking on less risk than the broad market.

And right now, they’re making a special offer available to ForexCycle.com readers that coincides with today’s release of the latest issue of the Financial Forecast’s sister publication, Robert Prechter’s Elliott Wave Theorist.

This offer is only good for a few days, but right now you’ll get a special low price on a three-month subscription — save 45% off the regular price — plus get a free copy of Bob Prechter’s updated Conquer the Crash.

In his brand-new Elliott Wave Theorist, Robert Prechter says that once you read the evidence he presents, “you will know whether or not the market is at a bottom.”

This new January 2009 Theorist is more than a must-read issue; it’s one of the most profound and important of Prechter’s career.

Of course, as with all the offers at Elliott Wave, they have a 100% satisfaction guarantee to go along with your order, you can read all the details here.

Daily Forex Analysis – January 27, 2009

Tuesday, January 27th, 2009

EURUSD Analysis.
EURUSD breaks above this resistance of the falling price channel, suggesting that a short term cycle bottom has been form at 1.2764 on 4-hour chart. Consolidation in a range between 1.2764 and 1.3385 is expected in the next several days. Key resistance is located at 1.3385, a break above this level will indicate that the medium term downtrend from 1.4719 has completed.

(more…)

Daily Forex Analysis – January 26, 2009

Monday, January 26th, 2009

USDCAD Analysis.
USDCAD broke below 1.2316 support and formed a short term cycle top at 1.2765 on 4-hour chart. Deeper decline could be seen to 1.2000 zone after consolidation. Initial resistance is now located at 1.2460, as long as this level holds, we’d expect downtrend to continue.

(more…)

Daily Forex Analysis – January 23, 2009

Friday, January 23rd, 2009

USDCAD Analysis.
USDCAD is forming a short term cycle top at 1.2765 on 4-hour chart. Pullback to test 1.2316 support is now in favor. A break below this level will indicate that the uptrend from 1.1761 has completed, and then deeper decline could be seen to 1.2000 zone. Near term resistance is at 1.2765, above this level will signal further rally to 1.2900 level.

(more…)

Daily Forex Analysis – January 22, 2009

Thursday, January 22nd, 2009

EURUSD Analysis.
EURUSD remains in downtrend. The rebound from 1.2824 is treated as consolidation of the downtrend. Moving sideways in a range between 1.2824 and 1.3150 would more likely be seen in a couple of days. Key resistance is now located at 1.3385, a break above this level will indicate that the medium term downtrend from 1.4719 has completed, and the following rebound will take price to 1.4000 zone.

(more…)

Daily Forex Analysis – January 21, 2009

Wednesday, January 21st, 2009

USDJPY Analysis.
USDJPY breaks below 90.07 support, suggesting that the rebound from 88.47 has completed. Pullback to retest 88.47 previous low support is expected in a couple of days. A break down below this level will indicate that a short term cycle top has been formed at 91.29 level, and the following downtrend will bring price to 84.00 zone. Initial resistance is now at 91.29, only rise above this level will signal further rally towards 92.50 zone.

(more…)

Daily Forex Analysis – January 20, 2009

Tuesday, January 20th, 2009

USDCAD Analysis.
USDCAD formed a sideways consolidation in a range between 1.2316 and 1.2673. As long as 1.2316 support holds, we’d expect uptrend to resume, and further rally towards 1.2850 zone is still in favor. However, below 1.2316 will indicate that a short term cycle top has been formed at 1.2673 already, and then pullback could be seen to 1.1950 zone.

(more…)


Other finance sites

Forex Articles
Providing free forex articles and trading courses.