Daily Forex Analysis – November 20, 2013

by ForexCycle.com | November 20, 2013 04:00
USDCAD Analysis. USDCAD remains in uptrend from 1.0182 (Sep 19 low), the price action from 1.0496 could be treated as consolidation of the uptrend. Key support is located at the lower line of the price channel on...

Daily Forex Analysis – November 19, 2013

by ForexCycle.com | November 19, 2013 04:17
AUDUSD Analysis. After touching the upper line of the price channel on 4-hour chart, AUDUSD pulls back from 0.9418, suggesting that the pair remains in downtrend from 0.9756, the rise from 0.9269 could be treated as consolidation...

Daily Forex Analysis – November 18, 2013

by ForexCycle.com | November 18, 2013 03:00
AUDUSD Analysis. AUDUSD is facing the resistance of the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the downtrend could be expected to resume, and one more fall towards...

Daily Forex Analysis – November 15, 2013

by ForexCycle.com | November 15, 2013 02:02
GBPUSD Analysis. GBPUSD’s rise from 1.5854 extends to as high as 1.6101. Further rise to test 1.6259 resistance would likely be seen, a break above this level will signal resumption of the uptrend from 1.4813 (Jul 9...

How to Find Trading Opportunities in ANY Market

by ForexCycle.com | November 14, 2013 03:13
By Elliott Wave International Senior Analyst Jeffrey Kennedy is the editor of our Elliott Wave Junctures trader education service and is one of our most popular instructors. Today, Jeffrey shares a video lesson about trading one of...

Daily Forex Analysis – November 14, 2013

by ForexCycle.com | November 14, 2013 03:11
AUDUSD Analysis. AUDUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 0.9756, the rise from 0.9269 could be treated as consolidation of the downtrend. As long as the trend line resistance...

Daily Forex Analysis – November 12, 2013

by ForexCycle.com | November 12, 2013 02:16
EURUSD Analysis. EURUSD is facing the resistance of the downward trend line on 4-hour chart, a clear break above the trend line will suggest that the downtrend from 1.3832 had completed at 1.3296 already, then the following...

Daily Forex Analysis – November 11, 2013

by ForexCycle.com | November 11, 2013 03:00
EURUSD Analysis. EURUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.3832, the rise from 1.3296 could be treated as consolidation of the downtrend. Key resistance is now at 1.3450, as...

Daily Forex Analysis – November 8, 2013

by ForexCycle.com | November 8, 2013 02:47
USDJPY Analysis. USDJPY breaks below 97.80 support, suggesting that the upward movement from 96.94 had completed at 99.41 already. Further decline to test the support of the lower line of the price channel on 4-hour chart would...