Daily Forex Analysis – February 7, 2013

by ForexCycle.com | February 7, 2013 01:49
USDJPY Analysis. USDJPY remains in uptrend from 88.06, the fall from 94.05 is treated as consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart, as long as the...

Daily Forex Analysis – February 6, 2013

by ForexCycle.com | February 6, 2013 02:35
GBPUSD Analysis. GBPUSD stays within a downward price channel on 4-hour chart, and remains in downtrend from 1.6339, and the fall extends to as low as 1.5630. Further decline is still possible, and next target would be...

Daily Forex Analysis – February 5, 2013

by ForexCycle.com | February 5, 2013 01:40
EURUSD Analysis. EURUSD has formed a cycle top at 1.3711 on 4-hour chart. Range trading between 1.3430 and 1.3711 would likely be seen in a couple of days. Support is at 1.3430, as long as this level...

Daily Forex Analysis – February 4, 2013

by ForexCycle.com | February 4, 2013 02:09
AUDUSD Analysis. AUDUSD remains in downtrend from 1.0597, the price action in the trading range between 1.0360 and 1.0475 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be...

A Coy Public Suddenly Gets Cozy with Stocks

by ForexCycle.com | February 2, 2013 08:58
By Elliott Wave International When do investors love stocks the most? The simple answer is: After a long-term bullish trend has matured.

The Expected Housing Recovery Faces a Brick Wall

by ForexCycle.com | February 1, 2013 01:40
By Elliott Wave International In 2005, a mania for residential real estate reached such a fever pitch that a series of cable television shows became entirely devoted to house "flipping."

Daily Forex Analysis – February 1, 2013

by ForexCycle.com | February 1, 2013 01:39
GBPUSD Analysis. GBPUSD’s rise from 1.5674 extends to as high as 1.5875. The pair is now facing 1.5900 key resistance, a break above this level will indicate that the downtrend from 1.6339 has completed, then another rise...

Daily Forex Analysis – January 31, 2013

by ForexCycle.com | January 31, 2013 02:52
USDCHF Analysis. USDCHF’s downward movement from 0.9388 extends to as low as 0.9093. The pair is now facing 0.9083 previous low support, a breakdown below this level will indicate that the longer term downtrend from 0.9971 (Jul...

Daily Forex Analysis – January 30, 2013

by ForexCycle.com | January 30, 2013 03:00
USDCHF Analysis. USDCHF stays below a downward trend line on 4-hour chart, and remains in downtrend from 0.9388, and the fall extends to as low as 0.9193. Resistance is at the trend line, as long as the...