Download 14 Critical Lessons Every Trader Should Know

by ForexCycle.com | October 26, 2011 01:49
Our friends at Elliott Wave International (EWI) have brought back one of their most sought-after free resources, The Best of Trader’s Classroom eBook, for two weeks only. This valuable eBook, adapted from the $189 set of the...

Daily Forex Analysis – October 26, 2011

by ForexCycle.com | October 26, 2011 01:46
USDJPY Analysis. USDJPY’s downward movement from 77.48 extended further to as low as 75.74. Key resistance is at 76.47, as long as this level holds, downtrend could be expected to continue, and next target would be at...

Daily Forex Analysis – October 25, 2011

by ForexCycle.com | October 25, 2011 00:59
USDJPY Analysis. After breaking below 75.96 previous low, USDJPY bounced from 75.81. Key resistance is now at 76.47, as long as this level holds, the bounce is treated as consolidation of downtrend from 77.48, another fall towards...

Daily Forex Analysis – October 24, 2011

by ForexCycle.com | October 24, 2011 01:05
EURUSD Analysis. EURUSD stays in a trading range between 1.3653 and 1.3914. As long as 1.3653 support holds, the price action in the range is treated as consolidation of uptrend from 1.3146, and one more rise to...

The Simple Magic of Moving Averages

by ForexCycle.com | October 21, 2011 23:10
By Elliott Wave International To a first-time observer, watching a technical analyst spot a major trend change in a financial market before it occurs can seem as mystical as pulling a rabbit out of hat. But once...

Daily Forex Analysis – October 21, 2011

by ForexCycle.com | October 21, 2011 01:49
GBPUSD Analysis. GBPUSD traded in a range between 1.5631 and 1.5851 for several days. As long as 1.5631 support holds, the price action in the range could be treated as consolidation of uptrend from 1.5272, another rise...

Daily Forex Analysis – October 20, 2011

by ForexCycle.com | October 20, 2011 00:53
AUDUSD Analysis. AUDUSD moved sideways in a range between 1.0102 and 1.0371. As long as 1.0102 key support holds, the price action in the range is treated as consolidation of uptrend from 0.9390, and one more rise...

Robert Prechter Explains The Fed, Part II

by ForexCycle.com | October 19, 2011 00:49
By Elliott Wave International This is Part II of our three-part series, "Robert Prechter Explains The Fed." You can read Part I here.

Daily Forex Analysis – October 19, 2011

by ForexCycle.com | October 19, 2011 00:40
AUDUSD Analysis. AUDUSD is forming a cycle top at 1.0371 on 4-hour chart. Another fall to re-test 1.0100 key support would likely be seen later today, a breakdown below this level will indicate that the rise from...