Dive into EWI’s FreeWeek Now!

by ForexCycle.com | September 18, 2009 10:29
Our friends at Elliott Wave International have just announced the beginning of their wildly popular FreeWeek event, where they throw open the doors to some of their most popular paid services to non-subscribers for one week only....

Daily Forex Analysis – September 18, 2009

by ForexCycle.com | September 18, 2009 10:07
USDJPY Analysis. USDJPY trades in a range between 90.12 and 91.62. As long as 91.62 resistance holds, the price action from 91.20 is treated as consolidation of downtrend from 97.78, and deeper decline to 89.00-89.50 area is...

Daily Forex Analysis – September 17, 2009

by ForexCycle.com | September 17, 2009 09:53
USDJPY Analysis. After touching 90.20 previous low, USDJPY rebounded sharply from 90.12, suggesting that a short term cycle bottom is being formed. Key resistance is now located at 91.62, a break above this level will confirm the...

Robert Prechter’s Five Tips for How To Trade Successfully

by ForexCycle.com | September 16, 2009 13:31
Take it from the person who won the United States Trading Championship with profits of more than 440% in 1984 – there are five things that every successful trader needs to know how to do:

Daily Forex Analysis – September 16, 2009

by ForexCycle.com | September 16, 2009 12:01
USDJPY Analysis. USDJPY stays below the falling trend line from 97.78 to 93.29 and remains in downtrend, and the rebound from 90.20 is more likely consolidation of downtrend. As long as the trend line resistance holds, we’d...

Daily Forex Analysis – September 15, 2009

by ForexCycle.com | September 15, 2009 10:33
GBPUSD Analysis. GBPUSD broke below the lower border of the rising price channel on 4-hour chart. Range trading between 1.6454 and 1.6741 is expected in a couple of days. However, the price action from 1.6741 is more...

Daily Forex Analysis – September 14, 2009

by ForexCycle.com | September 14, 2009 10:19
GBPUSD Analysis. Being contained by the upper border of the rising price channel, GBPUSD pulled back from 1.6741 level. Deeper decline is expected to the lower border of the price channel. However the fall from 1.6741 is...

Daily Forex Analysis – September 11, 2009

by ForexCycle.com | September 11, 2009 10:26
AUDUSD Analysis. AUDUSD might be forming a short term cycle top at 0.8667 level on 4-hour chart, key support is located at 0.8528, a break below this level will confirm the cycle top, then consolidation in a...

Free 47-Page eBook: How to Spot Trading Opportunities

by ForexCycle.com | September 10, 2009 10:18
Elliott Wave International has just released a free 47-Page eBook, How to Spot Trading Opportunities. Created from the $129 two-volume set of the same name, it’s available free until September 23, 2009. Learn more.

Daily Forex Analysis – September 10, 2009

by ForexCycle.com | September 10, 2009 10:13
EURUSD Analysis. EURUSD’s uptrend from 1.4177 extends to as high as 1.4599 level. Further rise is still in favor and next target would be at 1.4650-1.4700 area. Near term support is at 1.4467, as long as this...