Daily Forex Analysis – November 30, 2011

by ForexCycle.com | November 30, 2011 01:49
USDCHF Analysis. USDCHF had formed a cycle top at 0.9329 on 4-hour chart. Range trading between 0.9085 and 0.9329 would likely be seen in a couple of days. As long as 0.9085 support holds, the price action...

Prechter: "The Trend Is Exhausted"

by ForexCycle.com | November 29, 2011 03:52
By Elliott Wave International What is the real problem with today’s market? Watch this excerpt from Robert Prechter’s special, video issue of the August 2011 Elliott Wave Theorist. Prechter shows you how the buildup of dollar-denominated debt...

Daily Forex Analysis – November 29, 2011

by ForexCycle.com | November 29, 2011 03:48
USDCHF Analysis. USDCHF broke below the lower line of the price channel on 4-hour chart, suggesting that lengthier consolidation of uptrend from 0.8569 is underway. Range trading between 0.9085 and 0.9329 would likely be seen in a...

Daily Forex Analysis – November 28, 2011

by ForexCycle.com | November 28, 2011 02:31
AUDUSD Analysis. AUDUSD has broken above the downward trend line on 4-hour chart, suggesting that the downtrend from 1.0342 has completed at 0.9663 already. Lengthier consolidation of the longer term downtrend from 1.0751 would likely be seen...

Daily Forex Analysis – November 25, 2011

by ForexCycle.com | November 25, 2011 03:12
AUDUSD Analysis. AUDUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.0342. As long as the trend line resistance holds, downtrend could be expected to continue after a minor consolidation and...

Daily Forex Analysis – November 24, 2011

by ForexCycle.com | November 24, 2011 01:31
AUDUSD Analysis. AUDUSD continued its downward move yesterday, and the fall extended to as low as 0.9663. Resistance remains at he downward trend line on 4-hour chart, as long as the trend line resistance holds, downtrend could...

What’s the Downside of Being Safe?

by ForexCycle.com | November 23, 2011 02:07
By Elliott Wave International In an interview with the Mind of Money, Robert Prechter stresses the importance of keeping your money safe in this bear market environment. According to the Elliott wave model, we have entered a...

Get Your Free "Most Important Investment Report for 2012"

by ForexCycle.com | November 23, 2011 02:05
There are just a few days left to get your free report, The Most Important Investment Report You’ll Read for 2012. Every year or two Elliott Wave International (EWI) publishes analysis with a message so critical that...

Daily Forex Analysis – November 23, 2011

by ForexCycle.com | November 23, 2011 02:04
GBPUSD Analysis. GBPUSD’s downward movement from 1.6092 extended to as low as 1.5582. Further fall is still possible after a minor consolidation, and next target would be at 1.5500 area. Resistance is now at the downward trend...

Daily Forex Analysis – November 22, 2011

by ForexCycle.com | November 22, 2011 01:15
USDCHF Analysis. USDCHF moved sideways in a range between 0.9085 and 0.9234 for several days. The price action in the range is likely consolidation of uptrend from 0.8569, one more rise towards 0.9314 previous high is still...