Daily Forex Analysis – September 20, 2011

by ForexCycle.com | September 20, 2011 02:26
AUDUSD Analysis. AUDUSD broke below 1.0177 support and reached as low as 1.0148. Key resistance is at 1.0398, as long as this level holds, downtrend from 1.0764 could be expected to continue, and next target would be...

Daily Forex Analysis – September 19, 2011

by ForexCycle.com | September 19, 2011 02:29
GBPUSD Analysis. GBPUSD failed to break above the downtrend line on 4-hour chart, and continues its downward movement from 1.6453. Further fall could be expected in a couple of days, and next target would be at 1.5600...

Why This Popular Investment Strategy Will Not Save Your Portfolio

by ForexCycle.com | September 16, 2011 16:17
By Elliott Wave International So what is this popular investment approach? You’ve heard the answer before: Diversification. You probably know that the purpose of diversification is to spread risk across asset classes. The assumption is that if...

Daily Forex Analysis – September 16, 2011

by ForexCycle.com | September 16, 2011 03:19
GBPUSD Analysis. GBPUSD is facing the resistance of the downtrend line on 4-hour chart, as long as the trend line resistance holds, the rise from 1.5707 is treated as minor consolidation of downtrend, and another fall to...

Daily Forex Analysis – September 15, 2011

by ForexCycle.com | September 15, 2011 02:22
GBPUSD Analysis. GBPUSD continued its downward move from 1.6453 and the fall extended to as low as 1.5707. Resistance remains at the downtrend line on 4-hour chart, as long as the trend line resistance holds, downtrend could...

Daily Forex Analysis – September 14, 2011

by ForexCycle.com | September 14, 2011 02:55
GBPUSD Analysis. GBPUSD stays below a falling trend line on 4-hour chart and remains in downtrend from 1.6453. As long as the trend line resistance holds, downtrend could be expected to continue, and next target would be...

Momentum Analysis Using MACD

by ForexCycle.com | September 13, 2011 01:26
Learn more about using Momentum analysis to make Elliott wave trading decisions in this video by EWI European Interest Rate Analyst Bill Fox. Find more lessons on technical indicators in EWI’s newest free report. See the information...

Daily Forex Analysis – September 13, 2011

by ForexCycle.com | September 13, 2011 01:24
USDCAD Analysis. USDCAD remains in uptrend from 0.9725, the fall from 1.0025 is treated as consolidation of uptrend. Support is at the rising trend line on 4-hour chart, as long as the trend line support holds, uptrend...