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About Market Cycle
Most of the phenomena we encounter in our daily lives occur in cycles. This is the case with seasons, the rising and setting of the sun, the ebb and flow, day and night, the earth revolving around the sun, etc. We take these for granted and rarely think of them in terms of cycles. Furthermore, we seldom associate cycles with forecasting. Now, we can use market cycle theory to forecast the evolution of forex markets.
Daily Forex ReportsUSDCAD Weekly Analysis - February 26, 2017
Sunday, 26 February 2017 13:53 UTC
USDCAD remains in downtrend from 1.3598, the rise from 1.2968 is likely consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.2600 area. Resistance is at 1.3387, only break above this...USDJPY Weekly Analysis - February 26, 2017
Sunday, 26 February 2017 13:52 UTC
USDJPY remains in downtrend from 118.66. As long as the pair stays below 115.62 resistance, the downtrend could be expected to continue, and next target would be at 110.00 area. On the upside, a break of 115.62 resistance will indicate that he...AUDUSD Weekly Analysis - February 26, 2017
Sunday, 26 February 2017 13:51 UTC
AUDUSD remains in uptrend from 0.7158. Further rise is still possible after a minor consolidation, and next target would be at 0.8000 area. Key support is at 0.7511, only break below this level could bring price back to 0.6900 zone.GBPUSD Weekly Analysis - February 26, 2017
Sunday, 26 February 2017 13:51 UTC
GBPUSD continued its sideways movement in a range between 1.1946 and 1.2774. Resistance levels are at 1.2774 and 1.3050, as long as these levels hold, the sideways move could be treated as consolidation of the downtrend from 1.5016 (Jun 24, 2016...EURUSD Weekly Analysis - February 26, 2017
Sunday, 26 February 2017 13:50 UTC
EURUSD stays in the downward price channel on daily chart, and remains in downtrend from 1.1616 (May 3, 2016 high). As long as the channel resistance holds, the downtrend could be expected to resume, and further fall to 1.0000 area is still possible.USD/JPY Forecast February 27, 2017, Technical Analysis
Saturday, 25 February 2017 15:05 UTC
The USD/JPY pair initially tried to rally during the day on Friday, but turned around to test the 112 level. Ultimately, the market does see a significant amount of support just below, so having said that it’s likely that the market will try to...
Forex SignalsClose(TP) Sell CAD/JPY @ 85.447 By Signal Factory
Friday, 24 February 2017 20:30 UTC
Close(TP) Sell CAD/JPY @ 85.447 By Signal Factory | Profit: +79 pips | 2017.02.24 20:18...Close(TP) Sell CHF/JPY @ 111.169 By Signal Factory
Friday, 24 February 2017 20:15 UTC
Close(TP) Sell CHF/JPY @ 111.169 By Signal Factory | Profit: +79 pips | 2017.02.24...Close(SL) Buy GBP/NZD @ 1.73010 By Signal Factory
Friday, 24 February 2017 18:00 UTC
Close(SL) Buy GBP/NZD @ 1.73010 By Signal Factory | Loss: -40 pips | 2017.02.24 17:48...Close(SL) Buy CHF/JPY @ 111.577 By Signal Factory
Friday, 24 February 2017 17:15 UTC
Close(SL) Buy CHF/JPY @ 111.577 By Signal Factory | Loss: -40 pips | 2017.02.24 17:11...Sell AUD/CAD @ 1.00639 By Signal Factory
Friday, 24 February 2017 16:15 UTC
Sell AUD/CAD @ 1.00639 By Signal Factory | SL:1.01039 | TP:0.99839 | 2017.02.24 16:12...
Forex ArticlesRoses Are Red... and So's Been EURUSD's Trend
Friday, 17 February 2017 04:44 UTC
By Elliott Wave International Today, February 14, is Valentine's Day. But instead of chocolate hearts and red roses, we're going to give investors and traders the ultimate gift -- namely, the gift of knowledge. According to mainstream financial...How to Easily ID Support and Resistance on Your Charts
Tuesday, 14 February 2017 04:26 UTC
By Elliott Wave International You've probably heard the terms "support" and "resistance." Common technical analysis terms, they are price points on a chart that can help determine when a move will pause, or even stop and reverse. There are many...How Can The Elliott Wave Principle Improve My Trading?
Saturday, 11 February 2017 11:26 UTC
By Elliott Wave International Answer: Every trader, every analyst and every technician has favorite techniques to use when trading. But where traditional technical studies fall short, the Wave Principle kicks in to show high-confidence price...Elliott Wave Analysis: Where the RUBBER Meets the Road
Friday, 10 February 2017 05:35 UTC
By Elliott Wave International There are nearly 50 commodity markets traded all over the world at any given time. That's one for every state in the United States. So, how is an investor or trader supposed to know which of these markets to follow and...MACD: Learn to Recognize Trade Setups
Friday, 03 February 2017 03:21 UTC
By Elliott Wave International Just as there are patterns in price, there are also patterns in momentum indicators. These patterns can support your Elliott wave analysis and help you identify tradable moves in price. In this 10-minute lesson from...
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