Daily Forex Analysis – March 31, 2011

by ForexCycle.com | March 31, 2011 10:22
USDCHF Analysis. USDCHF’s upward movement extended to as high as 0.9274. Support is at 0.9139, as long as this level holds, uptrend could be expected to continue and next target would be at 0.9300-0.9350 area. However, a...

Daily Forex Analysis – March 30, 2011

by ForexCycle.com | March 30, 2011 10:21
USDCHF Analysis. USDCHF may be forming a cycle top at 0.9233 on 4-hour chart. Key support is now at 0.9139, a breakdown below this level will confirm the cycle top, then another fall towards 0.8922 previous low...

Still Enough Time to "Conquer the Crash?"

by ForexCycle.com | March 29, 2011 09:15
By Elliott Wave International "If you were fortunate enough to have read the first edition of Robert Prechter’s Conquer the Crash, your money was safe and sound as stocks, real estate, commodities and many bonds plummeted." Conquer...

Daily Forex Analysis – March 29, 2011

by ForexCycle.com | March 29, 2011 09:13
GBPUSD Analysis. GBPUSD’s fall from 1.6400 extended further to as low as 1.5936. Resistance is at 1.6045, as long as this level holds, downtrend from 1.6400 could be expected to continue, and next target would be at...

Daily Forex Analysis – March 28, 2011

by ForexCycle.com | March 28, 2011 08:00
USDCHF Analysis. USDCHF’s bounce from 0.8922 extended further to as high as 0.9227. However, next cycle top is nearing, another fall would likely be seen later today. Key support is at the rising trend line on 4-hour...

Quantitative Easing: Why It Has NOT Brought Back Inflation

by ForexCycle.com | March 26, 2011 11:16
By Elliott Wave International Below is an excerpt from the newest free Club EWI investor education resource, The Independent Investor eBook 2011. Inside are some of the most eye-opening research findings by EWI’s president Robert Prechter, as...

Daily Forex Analysis – March 25, 2011

by ForexCycle.com | March 25, 2011 10:17
AUDUSD Analysis. AUDUSD’s upward move from 0.9704 extended to as high as 1.0227. Now the pair is facing 1.0255 (Dec 31, 2010 high) resistance. Minor consolidation would likely be seen before breaking above this level. Support is...

Daily Forex Analysis – March 24, 2011

by ForexCycle.com | March 24, 2011 09:25
GBPUSD Analysis. After breaking above 1.6343 resistance, GBPUSD pulled back from 1.6400. However, the fall from 1.6400 is treated as consolidation of uptrend, as long as 1.6185 support holds, another rise towards 1.6500 is still possible after...

Daily Forex Analysis – March 23, 2011

by ForexCycle.com | March 23, 2011 10:03
EURUSD Analysis. Being contained by 1.4281 (Nov 4, 2010 high) resistance, EURUSD pulled back from 1.4248, suggesting that a cycle top is being formed on 4-hour chart. Range trading between 1.4100 and 1.4248 is expected in a...