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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

USDCAD Daily Analysis - September 29, 2016
Thursday, 29 September 2016 03:27 UTC

USDCAD broke below 1.3130 support, indicating that the uptrend from 1.3000 had completed at 1.3280 already. Deeper decline to test 1.3000 support is possible in a couple of days, a breakdown below this level will indicate that the longer term...

USDJPY Daily Analysis - September 29, 2016
Thursday, 29 September 2016 03:27 UTC

USDJPY stays below the downward trend line on 4-hour chart. As long as the trend line resistance holds, the pair is in downtrend from 104.31, and the rise from 100.08 could be treated as consolidation of the downtrend. Further decline to test...

AUDUSD Daily Analysis - September 29, 2016
Thursday, 29 September 2016 03:26 UTC

AUDUSD continued its upward movement from 0.7441 and the rise extended to as high as 0.7710. Further rise to test 0.7731 resistance is possible. Key support is at 0.7602, only break below this level could signal completion of the uptrend.

GBPUSD Daily Analysis - September 29, 2016
Thursday, 29 September 2016 03:26 UTC

GBPUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend from 1.3445 could be expected to continue, and further decline to test 1.2865 (Aug 15 low) support is possible....

EURUSD Daily Analysis - September 29, 2016
Thursday, 29 September 2016 03:25 UTC

EURUSD is now in short term downtrend from 1.1279. Deeper decline to test 1.1123 key support is possible, and a breakdown below this level will indicate that the longer term downtrend from 1.1366 (Aug 18 high) has resumed, then next target would...

USD/JPY Forecast September 28, 2016, Technical Analysis
Wednesday, 28 September 2016 07:18 UTC

The USD/JPY pair went back and forth during the course of the session on Tuesday, ultimately forming a fairly neutral candle. The neutral candle is only neutral because we are sitting on top of the 100 level which of course is so supportive. I...

Forex Signals

Close(SL) Buy GBP/NZD @ 1.78418 By Signal Factory
Thursday, 29 September 2016 03:30 UTC

Close(SL) Buy GBP/NZD @ 1.78418 By Signal Factory | Loss: -40 pips | 2016.09.29 03:28...

Close(SL) Buy EUR/AUD @ 1.45745 By Signal Factory
Thursday, 29 September 2016 01:15 UTC

Close(SL) Buy EUR/AUD @ 1.45745 By Signal Factory | Loss: -40 pips | 2016.09.29 01:06...

Sell GBP/AUD @ 1.69195 By Signal Factory
Thursday, 29 September 2016 01:15 UTC

Sell GBP/AUD @ 1.69195 By Signal Factory | SL:1.69595 | TP:1.68395 | 2016.09.29 01:13...

Close(TP) Buy AUD/JPY @ 77.623 By Signal Factory
Wednesday, 28 September 2016 23:15 UTC

Close(TP) Buy AUD/JPY @ 77.623 By Signal Factory | Profit: +80 pips | 2016.09.28 23:08...

Close(TP) Buy GBP/JPY @ 131.548 By Signal Factory
Wednesday, 28 September 2016 23:15 UTC

Close(TP) Buy GBP/JPY @ 131.548 By Signal Factory | Profit: +80 pips | 2016.09.28 23:08...

Technical Analysis Articles

How to Buy Forex EA, Systems, Indicators?
Monday, 12 September 2016 07:11 UTC

Forex EA, systems and indicators are necessary for every trader who wants to trade in the Forex market, and make the most of each trade. There are both leading and lagging indicators that you can use. However, before you actually use them, you...

Tips on Choosing the Right Forex Broker
Wednesday, 29 January 2014 14:43 UTC

According to estimates, the average traded value per day in the forex market is to the tune of $4 trillion, making it the world’s largest financial market. Forex trading is a high-risk activity and investors are susceptible to windfall profits and...

The Two Types of Forex Trading Spreads
Tuesday, 17 December 2013 04:31 UTC

A spread is the difference between the price a trader pays and the price offered by a broker. It is expressed in pip/s. For instance, a trader's price is 4.000 and a broker's offer is 3.500, the difference between them is .500. Thus, the spread is...

What are the political and economic factors associated with forex trading?
Thursday, 24 October 2013 12:32 UTC

For people seeking to engage in forex trading, whether by directly buying currencies or by spreadbetting via a company like IG, the array of political and economic indicators that can move the currency markets...

What's the best way to trade Martingale Forex Trading Strategies?
Monday, 07 October 2013 08:19 UTC

We are not advocating Martingale strategies. But rather, we respect the Martingale concept and believe it has its place in a trader's portfolio. The following tips seek to reduce the overall risk and increase the overall success for Martingale...

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