Daily Forex Analysis – April 6, 2010

by ForexCycle.com | April 6, 2010 10:07
EURUSD Analysis. EURUSD broke below the rising trend line from 1.3267 to 1.3384, suggesting that a cycle top is being formed at 1.3590 level on 4-hour chart. Deeper decline to test 1.3384 support could be seen later...

Daily Forex Analysis – April 5, 2010

by ForexCycle.com | April 5, 2010 08:04
EURUSD Analysis. EURUSD is testing the support of the uptrend line from 1.3267 to 1.3384, as long as the trend line support holds, we’d expect uptrend to resume and another rise towards 1.3817 previous high is still...

The Wave Principle: Where The Rubber Hits The Road

by ForexCycle.com | April 2, 2010 10:35
By Nico Isaac You could be to technical analysis what tweens are to texting, and it wouldn’t make a lick of difference: You still wouldn’t necessarily be trading at your fullest potential. The reason being: Without Elliott...

Daily Forex Analysis – April 2, 2010

by ForexCycle.com | April 2, 2010 10:24
USDJPY Analysis. USDJPY broke above 93.75 (Jan 7 high), suggesting that the longer term uptrend from 84.82 (Nov 27, 2009 low) has resumed. Further rally is still in favor and next target would be at 95.00-96.00 area....

You Still Believe The Fed Can Stop Deflation?

by ForexCycle.com | April 1, 2010 09:37
By Editorial Staff Think back to the fall of 2007. The deflationary "liquidity crunch" that over the next year-and-a-half cuts the DJIA in half, decimates commodities, real estate and world markets is only starting. Almost no one...

Daily Forex Analysis – April 1, 2010

by ForexCycle.com | April 1, 2010 09:24
AUDUSD Analysis. AUDUSD is forming a cycle top at 0.9215 level on 4-hour chart. Range trading between 0.9100 and 0.9215 would more likely be seen in a couple of days. However, the price action from 1.9215 is...