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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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GBPUSD Analysis - Jun 7, 2008

GBPUSD rebounded sharply from 1.9461. The rise from 1.9461 could possibly be resumption of up trend. Further rise to test 2.0029 resistance is expected in a couple of weeks. Key support is located at 1.9363, only break down below this level will signal resumption of long term down trend.

For long term analysis, the pair formed a long term cycle bottom at 1.9337 (Jan 22 low), the rise from 1.9363 could possibly be resumption of the long term up trend, and rebound to 2.0500 area to reach the next cycle top on weekly chart is now in favor.

gbpusd daily chart

Daily Forex Reports

USDCAD 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 Signals

Close(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 Articles

Roses 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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