Daily Forex Analysis – September 6, 2012

by ForexCycle.com | September 6, 2012 02:54
AUDUSD Analysis. AUDUSD’s downward movement from 1.0543 extends to as low as 1.0167. Resistance is now at the upper border of the price channel on 4-hour chart, as long as the trend line resistance holds, another fall...

Daily Forex Analysis – September 5, 2012

by ForexCycle.com | September 5, 2012 02:51
EURUSD Analysis. EURUSD breaks below the upward trend line on 4-hour chart. Further decline to test 1.2465 key support would likely be seen, as long as this level holds, the fall from 1.2636 could be treated as...

Daily Forex Analysis – September 4, 2012

by ForexCycle.com | September 4, 2012 02:24
EURUSD Analysis. EURUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.2241. Initial support is at the trend line, as long as the trend line support holds, uptrend could be expected...

Free Video: "Most Compelling FX Opportunity Right Now"

by ForexCycle.com | September 3, 2012 03:00
By Elliott Wave International On the day when the Fed Chairman Ben Bernanke delivers his much-anticipated speech in Jackson Hole, we want to tell you about an emerging forex opportunity which…

Daily Forex Analysis – September 3, 2012

by ForexCycle.com | September 3, 2012 02:58
GBPUSD Analysis. GBPUSD stays in a trading range between 1.5753 and 1.5911. The price action in the range is likely consolidation of the uptrend from 1.5490. Support is at 1.5753, as long as this level holds, another...

How Does a Trader Who Runs from Risk Achieve THIS Track Record?

by ForexCycle.com | August 31, 2012 01:02
By Elliott Wave International In the late ’70s, Peter Brandt emptied his trading accounts several times. He’d lose a string of trades, then refund his account, then "wipe out" all over again. But he persisted because he...

Daily Forex Analysis – August 31, 2012

by ForexCycle.com | August 31, 2012 00:58
EURUSD Analysis. EURUSD breaks below the lower line of the price channel on 4-hour chart, suggesting that lengthier consolidation in the range between 1.2465 and 1.2589 is underway. Key support is at 1.2465, as long as this...

Daily Forex Analysis – August 30, 2012

by ForexCycle.com | August 30, 2012 01:13
EURUSD Analysis. EURUSD trades in a range between 1.2465 and 1.2589. The price action in the range is likely consolidation of the uptrend from 1.2241. Initial support is at the lower line of the price channel on...