The 3 Essential Parts of an Elliott Wave Trade

by ForexCycle.com | July 6, 2013 01:27
By Elliott Wave International When it comes to improving your wave-based analysis and technical trades, three steps may sound simple enough. Yet if you have any experience trading, you know that nothing about trading is easy.

Daily Forex Analysis – July 5, 2013

by ForexCycle.com | July 5, 2013 01:03
USDCHF Analysis. USDCHF stays within a upward price channel on 4-hour chart, and remains in uptrend from 0.9130, and the rise extends to as high as 0.9583. Initial support is at the lower line of the price...

Daily Forex Analysis – July 4, 2013

by ForexCycle.com | July 4, 2013 03:37
USDJPY Analysis. USDJPY remains in uptrend from 93.79, the fall from 100.85 could be treated as consolidation of the uptrend. Support is now located at the lower line of the price channel on 4-hour chart, as long...

Daily Forex Analysis – July 3, 2013

by ForexCycle.com | July 3, 2013 01:35
AUDUSD Analysis. AUDUSD stays within a downward price channel on 4-hour chart, and remains in downtrend from 1.0582 (Apr 11 high), the price action from 0.9148 could be treated as consolidation of the downtrend. Further decline would...

Daily Forex Analysis – July 2, 2013

by ForexCycle.com | July 2, 2013 02:25
EURUSD Analysis. EURUSD stays in a trading range between 1.2985 and 1.3102. Key resistance is at 1.3102, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend...

Daily Forex Analysis – July 1, 2013

by ForexCycle.com | July 1, 2013 03:32
EURUSD Analysis. EURUSD remains in downtrend from 1.3415, the bounce from 1.2985 could be treated as consolidation of the downtrend. Another fall could be expected after consolidation, and a breakdown below 1.2985 could signal resumption of the...