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  • Long Term Forex Market Analysis - Our Free Forex Market Analysis is designed for long term traders who trade in timeframes between several days and several weeks. We use market cycle analysis tools to time the market, and provide individual traders good timings for their trading.
  • Short Term Forex Market Analysis - Short Term Forex Market Analysis is similar to Long Term Forex Market Analysis, in this section, we provide short-term traders with daily updated reports and recognize small cycles on 4-hour chart. It's FREE now!

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.

For more detail about Market Cycle:

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RSI (Relative Strength Index)

The RSI is a price-following oscillator that ranges between 0 and 100. A popular method of analyzing the RSI is to look for a divergence in which the currency price is making a new high, but the RSI is failing to surpass its previous high. This divergence is an indication of an impending reversal. When the RSI then turns down and falls below its most recent trough, it is said to have completed a "failure swing." The failure swing is considered a confirmation of the impending reversal in the price of the currency.

See also:
Relative Strength Index and Its Failure-Swing Points
Technical indicators Tutorial

Relative strength index day trading signal

relative strength index day trading signal

USDJPY daily chart

USDJPY daily chart

USDJPY 4 hours chart

USDJPY 4 hours chart

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Daily Forex Reports

USD/JPY Forecast January 23, 2017, Technical Analysis
Saturday, 21 January 2017 07:42 UTC

The USD/JPY pair tried to rally, but the Friday markets all the 115 level to be a bit resistive. If we can break above the top of the shooting star from Thursday, the market then should go much higher. Because of this, the market should then reach...

USD/CAD Forecast January 23, 2017, Technical Analysis
Saturday, 21 January 2017 07:41 UTC

The USD/CAD pair had a positive session on Friday as we continue to grind to the upside. Now that we are broken above the uptrend line that previously had given way, it looks as if the market is going to continue to go even higher, perhaps...

GBP/USD Forecast January 23, 2017, Technical Analysis
Saturday, 21 January 2017 07:39 UTC

The GBP/USD pair initially fell during the session on Friday, but turned around to form a hammer. The hammer of course is a bullish sign, and it looks as if we’re going to reach towards the 1.25 level above. That is a massive amount of resistance...

EUR/USD Forecast January 23, 2017, Technical Analysis
Saturday, 21 January 2017 07:37 UTC

The EUR/USD pair initially fell on Friday, but found enough support near the 50-day exponential moving average to turn around and formed a hammer. There is a massive amount of resistance at the 1.0750 level, so I think that it’s a bit too much for...

AUD/USD Forecast January 23, 2017, Technical Analysis
Saturday, 21 January 2017 07:30 UTC

The AUD/USD pair went back and forth during the day on Friday, as we continue to see support at the 0.75 handle underneath. If we can break down below there, the market will go much lower but I do recognize that there is a lot of support...

USDJPY Downtrend Channel (Jan 20, 2017)
Friday, 20 January 2017 06:39 UTC

USDJPY continues to trend lower on its 1-hour time frame, moving inside a descending channel connecting the latest highs and lows. Price is currently bouncing off the channel resistance at the 115.50 minor psychological level and could be due for...

Forex Signals

Close(TP) Buy GBP/USD @ 1.23764 By Signal Factory
Friday, 20 January 2017 19:30 UTC

Close(TP) Buy GBP/USD @ 1.23764 By Signal Factory | Profit: +80 pips | 2017.01.20 19:21...

Buy EUR/CAD @ 1.42267 By Signal Factory
Friday, 20 January 2017 19:15 UTC

Buy EUR/CAD @ 1.42267 By Signal Factory | SL:1.41867 | TP:1.43067 | 2017.01.20 19:10...

Close(SL) Sell GBP/USD @ 1.23510 By Signal Factory
Friday, 20 January 2017 17:30 UTC

Close(SL) Sell GBP/USD @ 1.23510 By Signal Factory | Loss: -40 pips | 2017.01.20 17:16...

Close(SL) Buy NZD/JPY @ 82.077 By Signal Factory
Friday, 20 January 2017 17:16 UTC

Close(SL) Buy NZD/JPY @ 82.077 By Signal Factory | Loss: -40 pips | 2017.01.20 17:15...

Sell NZD/USD @ 0.71610 By Signal Factory
Friday, 20 January 2017 17:15 UTC

Sell NZD/USD @ 0.71610 By Signal Factory | SL:0.72010 | TP:0.70810 | 2017.01.20 17:05...

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Thursday, 27 October 2016 14:47 UTC

This HYCM review conducted by the team of "ForexSQ" experts for those who want to know about how to open trading account with HYCM broker. The HYCM forex broker is the trading name of Henyep Capital Markets Ltd., a part of the Henyep Group, a...

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