USDCHF Analysis. USDCHF continues its sideways movement in a range between 1.0923 and 1.1245. However, the sideways movement is more likely consolidation of uptrend from 1.0434. As long as the support of the rising trend line holds,...
USDCHF Analysis. USDCHF remains in uptrend from 1.0434 and the price action from 1.1245 is more likely consolidation of uptrend. Support is at the rising trend line on 4-hour chart, as long as the trend line support...
USDCHF Analysis. USDCHF is forming a cycle bottom at 1.0923 level on 4-hour chart. Sideways movement in a range between 1.0923 and 1.1245 is expected in a couple of days. As long as the trend line support...
EURUSD Analysis. EURUSD has formed a cycle bottom at 1.2526 level on 4-hour chart. Range trading between 1.2526 and 1.3000 is expected in a couple of days. As long as 1.3000 level holds, the bounce from 1.2526...
By Robert Prechter, CMT Technical Indicators It is rare to have technical indicators all lined up on one side of the ledger. They were lined up this way—on the bullish side—in late February-early March of 2009. Today...
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USDCHF Analysis. USDCHF has formed a cycle top at 1.1245 level on 4-hour chart. Sideways movement in a range between 1.1000 and 1.1245 would more likely be seen in a couple of days. However, the sideways movement...
Face the facts — investing isn’t easy. If it was, everyone would be successful. Successful investing takes hard work and discipline. Famed financial analyst Robert Prechter has identified the 6 critical rules successful investors follow. Learning the...
AUDUSD Analysis. AUDUSD’s fall from 0.9381 extended to as low as 0.9020. Deeper decline to test 0.9001 is still possible later today, a breakdown below this level will indicate that the uptrend from 0.8577 has completed at...
USDCAD Analysis. USDCAD breaks above 1.0215 resistance. Further rise is still possible to test 1.0302 key resistance later today, a break above this level will indicate that the downtrend from 1.0779 (Feb 5 high) has completed at...
