Recently I have posted two articles on cycles, the first providing a brief overview of how they work and the second on how to apply cycles. Cycles are generally drawn across cycle lows and indeed, this normally...
In a recent article I described the influences cycles have on price and how it is possible to identify approximate time areas where the underlying price trend will reverse. Through observing when these reversals are likely to...
Regular readers of my reports will probably recognize that I use cycle analysis when trying to work out which direction a currency pair will be moving and when this direction is likely to reverse.
The approaching year end and illiquid forex market has produced large short term price movements. Traders may find opportunities to profit from these quick price spikes by closely following their hourly chart. With many large market makers...
Understanding the length of a market cycle is a crucial aspect of trading and investment analysis. By identifying the duration of cycles, traders and investors can gain valuable insights into market trends and make informed decisions. While...
GBPUSD breaks below 1.4466 previous low support, suggesting that the long term down trend has resumed. Deeper decline could be seen to 1.4000 zone in next several days. Long term key resistance is now located at 1.5722,...
For the first time in decades economists are saying that we are heading for another Great Depression. With stocks continually sliding, sales dropping, and almost all global economies contracting simultaneously, these economists may not be far off...
Fibonacci numbers were named after an Italian mathematician called Leonardo Fibonacci. Fibonacci developed the numbers in 1170 when he was carrying out studies on the Egyptian Great Pyramid of Giza. Simply put, Fibonacci numbers are a series...
USDCAD is forming a sideways consolidation in a range between 1.1464 and 1.3015. Deeper decline is still possible to retest 1.1464 previous low support in next several days, and rebound would more likely be seen before breaking...
USDCHF formed a cycle bottom at 1.0410 level on daily chart. Consolidation in a range between 1.0410 and 1.1130 could be expected in a couple of weeks, and one more rise above 1.1130 would more likely be...