Trading Signals: What Are Its Advantages?

by ForexCycle.com | July 4, 2013 12:45 pm
Entering the world of forex trading is both easy and hard. It is easy in the way that anyone can become a forex trader. There are no college degrees needed, no extra special training required, and no...

USDCAD Analysis – June 29, 2013

by ForexCycle.com | June 29, 2013 11:08 am
USDCAD’s upward movement from 1.0137 extends to as high as 1.0556. Further rise is still possible next week, and next target would be at 1.0700 area. Support is at 1.0400, only break below this level could signal...

USDCHF Analysis – June 29, 2013

by ForexCycle.com | June 29, 2013 11:07 am
No changed in our view, USDCHF remains in downtrend, the rise from 0.9130 is treated as correction of the downtrend. Resistance is at 95.70, as long as this level holds, the downtrend could be expected to resume,...

USDJPY Analysis – June 29, 2013

by ForexCycle.com | June 29, 2013 11:06 am
USDJPY’s rise from 93.79 extends to as high as 99.44. Further rise is still possible next week, and next target would be at 101.00 – 102.00 area. Now the price action from 103.73 is likely consolidation of...

AUDUSD Analysis – June 29, 2013

by ForexCycle.com | June 29, 2013 11:05 am
AUDUSD stays below a downward trend line on daily chart, and remains in downtrend from 1.0582, and the fall extends to as low as 0.9113. Further decline is still possible after a minor consolidation, and next target...

GBPUSD Analysis – June 29, 2013

by ForexCycle.com | June 29, 2013 11:05 am
GBPUSD is facing the support of the lower line of the price channel on daily chart. A clear break below the channel support will indicate that the downtrend from 1.6339 has resumed, then the following downward movement...

EURUSD Analysis – June 29, 2013

by ForexCycle.com | June 29, 2013 11:03 am
EURUSD is facing the support of the lower line of the price channel on daily chart. As long as the channel support holds, the price action from 1.3242 could be treated as consolidation of the uptrend from...

Advantage of Trading Signals for Traders

by ForexCycle.com | June 24, 2013 3:29 am
When one wants to enter the trading world, there are two things which are of utmost importance – the trading platform and knowing the ways to trade. Basically it is easy to find a good trading platform...

USDCAD Analysis – June 23, 2013

by ForexCycle.com | June 23, 2013 4:12 am
USDCAD breaks above 1.0420 previous high resistance, suggesting that the uptrend from 0.9632 (Sep 14, 2012 low) has resumed. Further rise could be expected and next target would be at 1.0600 area.