Daily Forex Analysis – August 30, 2013

by ForexCycle.com | August 30, 2013 04:16
GBPUSD Analysis. GBPUSD stays within a upward price channel on 4-hour chart, and remains in uptrend from 1.4813 (Jul 9 low). As long as the channel support holds, the uptrend could be expected to resume, and one...

Daily Forex Analysis – August 29, 2013

by ForexCycle.com | August 29, 2013 00:47
GBPUSD Analysis. GBPUSD’s downward movement from 1.5717 extends to as low as 1.5429. Deeper decline is still possible, and the target would be at the lower line of the price channel on 4-hour chart. As long as...

Bonds No Safe Haven from Stock Market Risk

by ForexCycle.com | August 28, 2013 01:51
By Elliott Wave International Two months ago, Federal Reserve Chairman Ben Bernanke said he was puzzled by the upward surge in Treasury yields. And bond yields are even higher now, reaching a two-year high on August 15.

Daily Forex Analysis – August 28, 2013

by ForexCycle.com | August 28, 2013 01:50
EURUSD Analysis. EURUSD stays a in trading range between 1.3298 and 1.3451. The price action in the range is likely consolidation of the uptrend from 1.3206. As long as 1.3298 support holds, the uptrend could be expected...

Daily Forex Analysis – August 27, 2013

by ForexCycle.com | August 27, 2013 01:49
USDCHF Analysis. Being contained by 0.9130 (Jun 13 low) support, USDCHF rebounded from 0.9147, and moved sideways in a range between 0.9147 and 0.9289. Initial resistance is at 0.9289, as long as this level holds, the price...

Daily Forex Analysis – August 26, 2013

by ForexCycle.com | August 26, 2013 03:47
GBPUSD Analysis. GBPUSD is facing the support of the lower line of the price channel on 4-hour chart. A clear break below the channel support will indicate that the uptrend from 1.5102 had completed at 1.5717 already,...

Daily Forex Analysis – August 23, 2013

by ForexCycle.com | August 23, 2013 04:03
GBPUSD Analysis. GBPUSD stays within a upward price channel on 4-hour chart, and remains in uptrend from 1.5102. Support is located at the lower line of the channel, as long as the channel support holds, the uptrend...

3 Dangerous Myths About Rising Bond Yields

by ForexCycle.com | August 22, 2013 04:07
By Elliott Wave International Editor’s note: The following article is the first in a series of three, reprinted with permission from market-leading financial forecasting firm Elliott Wave International. To read the full three-part report now, follow this...

Daily Forex Analysis – August 22, 2013

by ForexCycle.com | August 22, 2013 04:04
GBPUSD Analysis. Being contained by 1.5751 (Jun 17 high) resistance, GBPUSD pulls back from 1.5717, suggesting that consolidation of the uptrend from 1.5102 is underway. Deeper decline would likely be seen in a couple of days, and...

Market Trends, Space Programs, Rogue Waves: None are Linear

by ForexCycle.com | August 21, 2013 04:04
By Elliott Wave International Let’s begin with the old paradox: "The only constant is change." This is the main reason why projecting present conditions into the financial future so often fails.