Daily Forex Analysis – September 15, 2011

by ForexCycle.com | September 15, 2011 02:22
GBPUSD Analysis. GBPUSD continued its downward move from 1.6453 and the fall extended to as low as 1.5707. Resistance remains at the downtrend line on 4-hour chart, as long as the trend line resistance holds, downtrend could...

Daily Forex Analysis – September 14, 2011

by ForexCycle.com | September 14, 2011 02:55
GBPUSD Analysis. GBPUSD stays below a falling trend line on 4-hour chart and remains in downtrend from 1.6453. As long as the trend line resistance holds, downtrend could be expected to continue, and next target would be...

Momentum Analysis Using MACD

by ForexCycle.com | September 13, 2011 01:26
Learn more about using Momentum analysis to make Elliott wave trading decisions in this video by EWI European Interest Rate Analyst Bill Fox. Find more lessons on technical indicators in EWI’s newest free report. See the information...

Daily Forex Analysis – September 13, 2011

by ForexCycle.com | September 13, 2011 01:24
USDCAD Analysis. USDCAD remains in uptrend from 0.9725, the fall from 1.0025 is treated as consolidation of uptrend. Support is at the rising trend line on 4-hour chart, as long as the trend line support holds, uptrend...

Daily Forex Analysis – September 12, 2011

by ForexCycle.com | September 12, 2011 02:26
GBPUSD Analysis. GBPUSD continued its downward move from 1.6453 and the fall extended to as low as 1.5823. Deeper decline to test 1.5781 (Jul 12 low) support is expected in a couple of days, however, minor consolidation...

Complimentary Report: Best Technical Indicators For Successful Trading

by ForexCycle.com | September 9, 2011 16:12
Learn the Best Technical Indicators For Successful Trading. This free report from Elliott Wave International will teach you how to incorporate technical indicators into your analysis to improve your trading decisions. Get your free technical indicators report...

Daily Forex Analysis – September 9, 2011

by ForexCycle.com | September 9, 2011 03:44
GBPUSD Analysis. GBPUSD stays below a downtrend line on 4-hour chart, and remains in downtrend from 1.6453, and the fall extended to as low as 1.5912. As long as the trend line resistance holds, downtrend could be...

Daily Forex Analysis – September 8, 2011

by ForexCycle.com | September 8, 2011 03:24
AUDUSD Analysis. Being supported by the lower border of the price channel on 4-hour chart, AUDUSD rebounded from 1.0481, suggesting that a cycle bottom has been formed on 4-hour chart. Further rise towards 1.0764 previous high is...

Daily Forex Analysis – September 7, 2011

by ForexCycle.com | September 7, 2011 01:07
AUDUSD Analysis. AUDUSD  is testing the support of the price channel on 4-hour chart. A clear break below the channel support will indicate that the rise from 0.9927 has completed at 1.0764 already, then deeper decline could...

Daily Forex Analysis – September 6, 2011

by ForexCycle.com | September 6, 2011 03:09
AUDUSD Analysis. AUDUSD is facing the support of the price channel on 4-hour chart, a clear break below the channel support will confirm that the longer term uptrend from 0.9927 has completed at 1.0764 already, then the...