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']}" ); } December « 2011 « Forex Market Analysis

Sponsors

Archive for December, 2011

The Stock Market Is Not Physics: Part I

Wednesday, December 21st, 2011

By Elliott Wave International

The following series is excerpted from two classic issues of Robert Prechter’s Elliott Wave Theorist. Although originally published in 2004, the valuable series has been re-released in the Independent Investor eBook, along with over 100 pages of other reports that challenge conventional economic thinking.

Here is Part 1 of the series. Check back in a few days to read Part 2, or you can download your free copy of the Independent Investor eBook here.

(more…)

Daily Forex Analysis – December 21, 2011

Wednesday, December 21st, 2011

USDCHF Analysis.
USDCHF is facing the support of the lower line of the price channel on 4-hour chart, a clear break below the channel support will suggest that the uptrend from 0.8569 has completed at 0.9546 already, then pullback towards 0.8700-0.8800 area could be seen. On the upside, as long as the channel support holds, the fall from 0.9546 is treated as consolidation of uptrend, and another rise towards 1.0000 is still possible.

(more…)

Daily Forex Analysis – December 20, 2011

Tuesday, December 20th, 2011

AUDUSD Analysis.
AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 1.0378. As long as the channel resistance holds, downtrend could be expected to resume, and another fall towards 0.9663 is still possible. Key resistance is now at 1.0026, a break above this level will indicate that lengthier consolidation of downtrend is underway, then bounce to 1.0100 area could be seen.

(more…)

Daily Forex Analysis – December 19, 2011

Monday, December 19th, 2011

USDCHF Analysis.
USDCHF formed a cycle top at 0.9546 on 4-hour chart. Deeper decline would likely be seen and target would be at the lower border of the price channel. However, the fall from 0.9546 is treated as  consolidation of uptrend from 0.8569 (Oct 27 low), another rise towards 1.0000 could be seen after consolidation, and a break above 0.9546 could signal resumption of uptrend.

(more…)

Learn Elliott Wave Analysis — Free

Friday, December 16th, 2011

By Elliott Wave International

Understand the basics of the subject matter, break it down to its smallest parts — and you’ve laid a good foundation for proper application of… well, anything, really. That’s what we had in mind when we put together our free 10-lesson online Basic Elliott Wave Tutorial, based largely on Robert Prechter’s classic "Elliott Wave Principle — Key to Market Behavior." Here’s an excerpt:

(more…)

Daily Forex Analysis – December 16, 2011

Friday, December 16th, 2011

USDCAD Analysis.
USDCAD is facing the support of the upward trend line on 4-hour chart, a clear break below the trend line could indicate that a cycle top has been formed at 1.0422 on 4-hour chart, and the uptrend from 1.0051 has completed, then another fall towards 0.9900 could be seen. On the upside, as long as the trend line support holds, the fall from 1.0422 could possibly be consolidation of uptrend, and one more rise towards 1.0523 is still possible.

(more…)

European Union Agreement: Good or Bad for the Dow Industrials?

Thursday, December 15th, 2011

By Elliott Wave International

Did European Union leaders make the sovereign debt crisis "go away" last week?

(more…)

Daily Forex Analysis – December 15, 2011

Thursday, December 15th, 2011

AUDUSD Analysis.
AUDUSD continued its downward movement from 1.0378, and the fall extended to as low as 0.9883. Further decline could be seen in a couple of days, and next target would be at 0.9800 area. Resistance is at 1.0050 followed by the downward trend line on 4-hour chart, as long as the trend line resistance holds, downtrend will continue.

(more…)

Daily Forex Analysis – December 14, 2011

Wednesday, December 14th, 2011

AUDUSD Analysis.
AUDUSD remains in downtrend from 1.0378, and the fall has extended to as low as 0.9979. Further decline could be seen after a minor consolidation and next target would be at 0.9800 area. Resistance is at the downward trend line on 4-hour chart, only a clear break above the trend line could indicate that the fall from 1.0378 is complete.

(more…)

Daily Forex Analysis – December 13, 2011

Tuesday, December 13th, 2011

USDCHF Analysis.
USDCHF broke above 0.9329 resistance, suggesting that the uptrend from 0.8569 has resumed. Further rise could be expected over the next several days, and target would be at 1.0000 area. Support is now at the upward trend line on 4-hour chart, as long as the trend line support holds, uptrend will continue.

(more…)


Other finance sites

Forex Articles
Providing free forex articles and trading courses.