Daily Forex Analysis – November 21, 2011

by ForexCycle.com | November 21, 2011 02:10
USDCHF Analysis. USDCHF’s rise extended to as high as 0.9234 last week. Support remains at the lower line of the price channel on 4-hour chart, as long as the channel support holds, uptrend from 0.8569 could be...

"Darkest Days" for the Economy: Behind Us, or Just Ahead?

by ForexCycle.com | November 18, 2011 15:47
By Elliott Wave International Many people still talk about a "recovery," or at worst only see a possible double-dip recession. But what if the mistake was to think the economy was only in a recession in the...

Daily Forex Analysis – November 17, 2011

by ForexCycle.com | November 17, 2011 01:26
USDCHF Analysis. USDCHF stays within a upward price channel on 4-hour chart, and remains in uptrend from 0.8569. As long as the channel support holds, uptrend could be expected to continue, and further rise towards 0.9314 previous...

Daily Forex Analysis – November 16, 2011

by ForexCycle.com | November 16, 2011 01:09
AUDUSD Analysis. AUDUSD remains in downtrend from 1.0751, the rise from 1.0053 is treated as consolidation of downtrend. Key resistance is now at 1.0342, as long as this level holds, downtrend could be expected to resume, and...

Your Work Helps Me in a Very Practical Way

by ForexCycle.com | November 15, 2011 03:32
By Elliott Wave International Robert Prechter offers a broad overview of the Wave Principle in this interview clip with The Mind of Money host, Douglass Lodmell. As Bob explains, "The work we do is so different from...

What Are the BEST Technical Indicators for Successful Trading?

by ForexCycle.com | November 15, 2011 03:29
By Elliott Wave International You may have seen a TV ad where "traders" describe their strategies, and one says, "I trade on fundamentals." That sounds very reassuring — except that, on any given day, "fundamentals" are a...

Daily Forex Analysis – November 15, 2011

by ForexCycle.com | November 15, 2011 03:26
USDCAD Analysis. USDCAD stays in a trading range between 1.0055 and 1.0265. The price action in the range is treated as consolidation of uptrend from 0.9891. As long as 1.0055 key support holds, another rise towards 1.0400...

Daily Forex Analysis – November 14, 2011

by ForexCycle.com | November 14, 2011 01:29
USDCHF Analysis. USDCHF remains in uptrend from 0.8569, the fall from 0.9148 is likely consolidation of uptrend. Support is now at the lower border of the price channel on 4-hour chart, as long as the channel support...

Daily Forex Analysis – November 11, 2011

by ForexCycle.com | November 11, 2011 01:20
USDCHF Analysis. USDCHF’s rise extended to as high as 0.9148, the subsequent pullback is treated as consolidation of uptrend. Support remains at the uptrend line on 4-hour chart, as long as the trend line support holds, uptrend...