U.S. Stocks: Will The Bears Relinquish Control?
By Nico Isaac In case you were hiding out Tiger Woods’ style far away from the mainstream media during the past month, let me be the first to say: January saw an abrupt end to the U.S....
Author: ForexCycle.com
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Daily Forex Analysis – February 11, 2010
USDCAD Analysis. USDCAD’s fall from 1.0779 extends to as low as 1.0579 level, suggesting that a short term cycle top has been formed at 1.0779 on 4-hour chart. Deeper decline to test 1.0545 key support would more...
Daily Forex Analysis – February 10, 2010
USDCHF Analysis. USDCHF formed a short term cycle top at 1.0794 level on 4-hour chart. As long as the channel support holds, the pair is treated as in uptrend from 1.0132 and the falling from 1.0794 is...
Daily Forex Analysis – February 9, 2010
USDCHF Analysis. Being contained by the upper border of the rising price channel on 4-hour chart, USDCHF pulls back from 1.0794, suggesting that a short term cycle top is being formed. Sideways movement is more likely be...
Daily Forex Analysis – February 8, 2010
USDCHF Analysis. USDCHF’s uptrend extended to as high as 1.0794 level and reached the upper border of the rising price channel on 4-hour chart. Minor consolidation would more likely be seen later today. However, further rally is...
EUR/USD: What Moves You?
It’s not the news that creates forex market trends — it’s how traders interpret the news. By Vadim Pokhlebkin Today, the EUR/USD stands well below its November peak of $1.51. Find out what Elliott wave patterns are...
Daily Forex Analysis – February 5, 2010
EURUSD Analysis. EURUSD drops sharply from 1.4026 and reaches the lower border of the falling price channel on 4-hour chart. Minor consolidation of downtrend could be expected later today, however, another fall towards 1.3600 is still possible...
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Daily Forex Analysis – February 4, 2010
GBPUSD Analysis. GBPUSD has consolidated above 1.5829 support for several days. Lengthier consolidation is still possible later today. However, a break down below 1.5829 key support will indicate that the downtrend from 1.6456 has resumed, then deeper...