Daily Forex Analysis – September 28, 2012

by ForexCycle.com | September 28, 2012 02:10
USDCHF Analysis. USDCHF may be forming a cycle top at 0.9417 on 4-hour chart. Key support is now at 0.9325, a breakdown below this level will indicate that the rise from 0.9239 has completed, and the longer...

The Importance of Patience and Persistence in Your Trading

by ForexCycle.com | September 27, 2012 02:20
By Elliott Wave International Enjoy this video clip from Elliott Wave International Senior Analyst Jeffrey Kennedy, as he combines actionable advice that’s easy to understand with a no-nonsense take on trading psychology. You can get immediate access...

Daily Forex Analysis – September 27, 2012

by ForexCycle.com | September 27, 2012 02:13
USDCHF Analysis. USDCHF continues its upward movement from 0.9239, and the rise extends to as high as 0.9417. Further rise is still possible, and next target would be at 0.9500 area. However, the rise is treated as...

A Two-Bar Pattern that Points to Trade Setups

by ForexCycle.com | September 26, 2012 01:02
By Elliott Wave International Some people like to get outside on the weekends, maybe playing tennis or working in the yard. Some people like to visit their friends or cook a big meal or go out to...

Daily Forex Analysis – September 26, 2012

by ForexCycle.com | September 26, 2012 00:53
GBPUSD Analysis. GBPUSD continues its sideways movement in a range between 1.6163 and 1.6309. Initial support is at 1.6163, as long as this level holds, the price action in the range is treated as consolidation of the...

Daily Forex Analysis – September 25, 2012

by ForexCycle.com | September 25, 2012 03:11
GBPUSD Analysis. GBPUSD moves sideways in a range between 1.6163 and 1.6309. The price action in the range is likely consolidation of the uptrend from 1.5490 (Aug 2 low). Support is at 1.6163, as long as this...

Daily Forex Analysis – September 24, 2012

by ForexCycle.com | September 24, 2012 02:39
GBPUSD Analysis. GBPUSD remains in uptrend from 1.5490, the price action from 1.6272 is treated as consolidation of the uptrend. Support is now at 1.6163, as long as this level holds, the uptrend could be expected to...

Daily Forex Analysis – September 21, 2012

by ForexCycle.com | September 21, 2012 02:11
GBPUSD Analysis. GBPUSD remains in uptrend from 1.5753, the fall from 1.6272 is treated as consolidation of the uptrend. Range trading between 1.6100 and 1.6272 would likely be seen in a couple of days. Support is at...