Daily Forex Analysis – January 9, 2012

by ForexCycle.com | January 9, 2012 01:35
AUDUSD Analysis. After touching 1.0378 resistance, AUDUSD pulled back from 1.0385, however, the fall from 1.0385 would possibly be consolidation of uptrend from 0.9861. Key support is now located at the lower line of the price channel...

Prepare Your Finances for 2012 with this Free Report

by ForexCycle.com | January 6, 2012 02:02
Elliott Wave International has released a free report that will help you plan your finances for the year ahead. The report offers you 25 eye-opening charts and 14 pages of straightforward commentary to help you see where...

Daily Forex Analysis – January 6, 2012

by ForexCycle.com | January 6, 2012 01:59
USDCHF Analysis. USDCHF is facing 0.9546 resistance, a break above this level will indicate that the uptrend from 0.8569 (Oct 27, 2011 low) has resumed, then further rise towards 1.0000 could be seen. Support is now at...

Why Choose the Wave Principle?

by ForexCycle.com | January 5, 2012 03:10
By Elliott Wave International Robert Prechter is the widely recognized authority on the Elliott Wave Principle. Read how he learned about the Wave Principle and why he embraced it in the edited excerpt from his book Prechter’s...

Daily Forex Analysis – January 5, 2012

by ForexCycle.com | January 5, 2012 03:09
EURUSD Analysis. EURUSD failed to break above the upper line of the price channel on 4-hour chart, and pulled back from 1.3076. Further fall to test 1.2858 support would likely be seen, a breakdown below this level...

Daily Forex Analysis – January 4, 2012

by ForexCycle.com | January 4, 2012 01:57
EURUSD Analysis. EURUSD’s bounce from 1.2858 extended to as high as 1.3076. Further rise is still possible later today, and the target would be at the upper line of the price channel on 4-hour chart. Key resistance...

Daily Forex Analysis – January 3, 2012

by ForexCycle.com | January 3, 2012 03:09
USDCHF Analysis. USDCHF moved sideways in a range between 0.9244 and 0.9546 for several days. The price action in the range is likely consolidation of uptrend from 0.8569 (Oct 27, 2011 low). As long as 0.9244 key...

Daily Forex Analysis – January 2, 2012

by ForexCycle.com | January 2, 2012 03:11
USDCHF Analysis. USDCHF stays above a upward trend line on 4-hour chart, and remains in uptrend from 0.9244, the fall from 0.9469 would possibly be consolidation of uptrend. Another rise to test 0.9546 is expected, a break...