Daily Forex Analysis – September 30, 2013

by ForexCycle.com | September 30, 2013 01:59
USDCHF Analysis. USDCHF’s downward movement from 0.9455 extends to as low as 0.9021. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected...

Deflation Will Take the Majority by Surprise

by ForexCycle.com | September 27, 2013 02:27
By Elliott Wave International The last thing on the minds of most people is deflation. It’s easy enough to determine that with a quick quiz — and that quiz is found in the just-published Elliott Wave Theorist.

Daily Forex Analysis – September 27, 2013

by ForexCycle.com | September 27, 2013 02:26
AUDUSD Analysis. AUDUSD’s fall from 0.9526 extends to as low as 0.9332. Deeper decline to test 0.9300 support is possible, as long as this level holds, the fall could be treated as consolidation of the uptrend from...

Daily Forex Analysis – September 26, 2013

by ForexCycle.com | September 26, 2013 04:18
GBPUSD Analysis. GBPUSD is in consolidation of the uptrend from 1.4813 (July 9 low). Deeper decline to 1.5700 area to complete the consolidation is possible. Key support is at 1.5700, as long as this level holds, the...

Daily Forex Analysis – September 25, 2013

by ForexCycle.com | September 25, 2013 04:27
USDCHF Analysis. USDCHF remains in downtrend from 0.9455, the rise from 0.9084 is likely consolidation of the downtrend. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds,...

Daily Forex Analysis – September 24, 2013

by ForexCycle.com | September 24, 2013 00:31
GBPUSD Analysis. GBPUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.5429, and the fall from 1.6162 could be treated as consolidation of the uptrend. Initial support is at the lower...

Daily Forex Analysis – September 23, 2013

by ForexCycle.com | September 23, 2013 03:40
USDCAD Analysis. USDCAD broke above the downward trend line on 4-hour chart last Friday, suggesting that consolidation of the downtrend from 1.0568 is underway. Range trading between 1.0182 and 1.0350 would likely be seen in a couple...

Daily Forex Analysis – September 20, 2013

by ForexCycle.com | September 20, 2013 02:46
USDCAD Analysis. USDCAD remains in downtrend from 1.0559, the rise from 1.0182 is treated as consolidation of the downtrend. Initial resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance...

Daily Forex Analysis – September 19, 2013

by ForexCycle.com | September 19, 2013 03:02
USDCHF Analysis. USDCHF breaks below 0.9147 support, suggesting that the downtrend from 0.9751 (July 9, high) has resumed. Further decline could be expected after a minor consolidation, and next target would be at 0.9050 area. Resistance is...