Daily Forex Analysis – February 15, 2013

by ForexCycle.com | February 15, 2013 03:14
GBPUSD Analysis. GBPUSD’s downwards movement from 1.6339 extends to as low as 1.5475. Resistance is located a the trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to...

Daily Forex Analysis – February 14, 2013

by ForexCycle.com | February 14, 2013 02:48
AUDUSD Analysis. AUDUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the rise from 1.0226 could be treated as consolidation of the downtrend, and another...

A Classic Impulse Wave in General Electric

by ForexCycle.com | February 13, 2013 07:20
By Elliott Wave International Impulse waves are an integral part of the Wave Principle. Understanding their rules, guidelines and Fibonacci multiples will improve your application and your ability to identify high-confidence trade setups.

Daily Forex Analysis – February 13, 2013

by ForexCycle.com | February 13, 2013 03:13
AUDUSD Analysis. AUDUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.0597, the rise from 1.0226 is treated as consolidation of the downtrend. As long as the trend line resistance holds,...

Daily Forex Analysis – February 12, 2013

by ForexCycle.com | February 12, 2013 00:54
USDJPY Analysis. After consolidation, USDJPY breaks above 94.05 previous high resistance and continues its upward movement form 79.07 (Nov 9, 2012 low). Further rise could be expected in a couple of days, and next target would be...

Daily Forex Analysis – February 11, 2013

by ForexCycle.com | February 11, 2013 02:25
GBPUSD Analysis. GBPUSD broke above the upper line of the price channel on 4-hour chart, suggesting that lengthier consolidation of the downtrend from 1.6339 is underway. Range trading between 1.5630 and 1.5900 would likely be seen in...

Daily Forex Analysis – February 8, 2013

by ForexCycle.com | February 8, 2013 02:41
USDJPY Analysis. USDJPY stays within a upward price channel on 4-hour chart, and remains in uptrend from 88.06. Support is located at the lower line of the channel, as long as the channel support holds, the uptrend...

Daily Forex Analysis – February 7, 2013

by ForexCycle.com | February 7, 2013 01:49
USDJPY Analysis. USDJPY remains in uptrend from 88.06, the fall from 94.05 is treated as consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart, as long as the...