Daily Forex Analysis – February 28, 2013

by ForexCycle.com | February 28, 2013 03:22
AUDUSD Analysis. AUDUSD stays within a downward price channel on 4-hour chart, and remains in short term downtrend from 1.0373, the rise from 1.0182 could be treated as consolidation of the downtrend. Resistance is located at the...

Daily Forex Analysis – February 27, 2013

by ForexCycle.com | February 27, 2013 02:05
EURUSD Analysis. EURUSD stays within a downward price channel on 4-hour chart, and remains in downtrend from 1.3519. Key resistance is now located at the upper line of the channel, as long as the channel resistance holds,...

Daily Forex Analysis – February 26, 2013

by ForexCycle.com | February 26, 2013 03:24
USDCHF Analysis. USDCHF’s upward movement extends to as high as 0.9338. Key support is at the upwards trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue,...

Daily Forex Analysis – February 25, 2013

by ForexCycle.com | February 25, 2013 02:24
AUDUSD Analysis. AUDUSD moves sideways in a trading range between 1.0220 and 1.0373. Key resistance is now located at 1.0373, as long as this level holds, the price action in the range could be treated as consolidation...

Real Estate Mania Makes a Comeback

by ForexCycle.com | February 23, 2013 01:30
By Elliott Wave International Home-bidding wars have erupted in Washington D.C., a reminder of the days of the real estate frenzy.

Daily Forex Analysis – February 22, 2013

by ForexCycle.com | February 22, 2013 03:45
AUDUSD Analysis. After touching 1.0226 previous low support, AUDUSD rebounds from 1.0220, suggesting that a cycle bottom is being formed on 4-hour chart. Further rise to re-test 1.0373 would likely be seen, a break above this level...

Daily Forex Analysis – February 21, 2013

by ForexCycle.com | February 21, 2013 03:04
AUDUSD Analysis. AUDUSD failed to break above 1.0373 resistance, and is now facing 1.0226 support, a breakdown below this level will signal resumption of the downtrend from 1.0597, then further decline to 1.0150 area could be expected....

Daily Forex Analysis – February 20, 2013

by ForexCycle.com | February 20, 2013 02:50
EURUSD Analysis. EURUSD breaks above the downward trend line on 4-hour chart, suggesting that a cycle bottom is being formed at 1.3306 on 4-hour chart, and lengthier consolidation of the downtrend from 1.3711 is underway. Further rally...

Daily Forex Analysis – February 18, 2013

by ForexCycle.com | February 18, 2013 01:57
USDJPY Analysis. USDJPY failed to break below 92.17 key support and stays in a trading range between 92.17 and 94.43. As long as 92.17 support holds, the price action in the range is treated as consolidation of...

Global Markets, Economies Mired in Early Stages of Biggest Disaster Ever

by ForexCycle.com | February 16, 2013 01:51
By Elliott Wave International The following is a sample from Elliott Wave International’s new 40-page report, The State of the Global Markets — 2013 Edition: The Most Important Investment Report You’ll Read This Year. This article was...