Daily Forex Analysis – October 11, 2013

by ForexCycle.com | October 11, 2013 01:22
GBPUSD Analysis. GBPUSD’s fall from 1.6259 extends to as low as 1.5914. Deeper decline is still possible, and next target would be at 1.5800 area. However, the fall would possibly be consolidation of the uptrend from 1.4813...

Daily Forex Analysis – October 9, 2013

by ForexCycle.com | October 9, 2013 00:59
GBPUSD Analysis. GBPUSD remains in uptrend from 1.4813 (Jul 9 low), the price action from 1.6162 is likely consolidation of the uptrend. Range trading between 1.5900 and 1.6259 would likely be seen in a couple of days....

Daily Forex Analysis – October 8, 2013

by ForexCycle.com | October 8, 2013 01:16
EURUSD Analysis. EURUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.3105. As long as the channel support holds, the price action from 1.3568 could be treated as consolidation of the...

Daily Forex Analysis – October 7, 2013

by ForexCycle.com | October 7, 2013 00:43
EURUSD Analysis. EURUSD remains in uptrend from 1.3105, the price action from 1.3568 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...

A Big Reason Why 2013 Stock Prices are in the Stratosphere

by ForexCycle.com | October 4, 2013 22:57
By Elliott Wave International A famous quote attributed to Archimedes, the ancient Greek mathematician, is: "Give me a place to stand and with a lever I will move the whole world." And, as you probably know, leverage...

The 3 Phases of a Trader’s Education

by ForexCycle.com | October 4, 2013 03:44
By Elliott Wave International Jeffrey Kennedy, editor of our educational Elliott Wave Junctures service, tells us that there are three phases of a trader’s education, and that aspiring traders typically go through them in this order:

Daily Forex Analysis – October 4, 2013

by ForexCycle.com | October 4, 2013 03:41
USDCHF Analysis. USDCHF’s downward movement from 0.9455 extends to as low as 0.8967. Initial resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected...

Daily Forex Analysis – October 3, 2013

by ForexCycle.com | October 3, 2013 00:40
AUDUSD Analysis. AUDUSD stays in a trading range between 0.9280 and 0.9526. As long as 0.9280 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8892, one more rise...

Daily Forex Analysis – October 2, 2013

by ForexCycle.com | October 2, 2013 02:11
EURUSD Analysis. After breaking above 1.3568 resistance, EURUSD pulls back from 1.3587, suggesting that lengthier consolidation of the uptrend from 1.3105 is underway. Range trading between 1.3462 and 1.3587 would likely be seen in a couple of...

Daily Forex Analysis – October 1, 2013

by ForexCycle.com | October 1, 2013 05:50
EURUSD Analysis. EURUSD continues its sideways movement in a range between 1.3462 and 1.3568. As long as 1.3462 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.3105, one...