Hy Markets

Offering free forex market analysis, forex forecast and forex trading courses. Trading at Good Timings.

Foreign Exchange (Forex) market services

  • 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!

What is market cycle?

forex market cycleIn forex markets, a cycle is loosely defined as price movement of a market from a local bottom to a local top and back again. Cycles, just like price trends, can be long, short or intermediate in length. A specific market may have a 20 day, 52 week and 5 year cycle, all acting together to describe price activity. By adding the cycles together, the actual price activity can be forecast.

More about forex market cycle.


Other technical analysis tools

forex market technical analysisThe chart analysis tools I frequently used in this site:

  • RSI (Relative Strength Index) - The RSI is a price-following oscillator that ranges between 0 and 100.
  • Chart patterns - Trend, Support, Resistance, Flag, Pennant, Wedge, Gap, Head and shoulders, Rectangle, Ascending triangle, Descending triangle, Symmetrical triangle, Breakout, Double top, Triple top, Double bottom, Triple bottom, Price channel, Rounding bottom, Rounding top.
  • Fibonacci - Interpretation of the Fibonacci numbers in technical analysis anticipates changes in trends as prices approach lines created by the Fibonacci studies. When used in technical analysis, the golden ratio is typically translated into three percentages: 38.2%, 50% and 61.8%. However, more multiples can be used when needed, such as 23.6%, 161.8%, 423% and so on.

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Recommended Forex Trading Platforms

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