Importance of an Elliott Wave ZigZag Fibonacci Extension

by elliottwave-forecast.com | July 23, 2019 7:53 pm
Importance of an Elliott Wave ZigZag Fibonacci Extension Firstly the point of measuring a Fibonacci extension is to get the area pinpointed that an Elliott Wave correction will move against the trend so an entry position into...

Fibonacci theory in forex

by ForexCycle.com | January 21, 2019 2:09 pm
Fibonacci is in essence a sequence of numbers which were discovered by Leonardo Fibonacci, an Italian mathematician. The numbers commence with zero, and then 1 after that. The third number is usually calculated by adding 0+1, which...

Four Amazing Tips to Day Trade the Forex Market

by ForexCycle.com | November 20, 2018 5:36 am
When it comes to day trading, things are really hard. The majority of the long-term traders suggest the new traders trade the market in the higher time frame. The position trading strategy is considered to be the...

6 Best Forex Indicators For Beginners

by ForexCycle.com | May 29, 2018 9:07 am
Forex trading is the buying and selling of currencies in a global market. It is a decentralized industry where traders interact over the counter. This market is huge and immensely liquid due to a trading volume which...

Fibonacci Reveals the Stock Market’s Next Big Move

by ForexCycle.com | April 10, 2018 7:36 am
By Elliott Wave International The stock market’s recent triple-digit swings might have many investors wondering if the path of prices is completely random. But, as random as prices may appear, EWI’s analysts can assure you that a...

EURJPY Broke Above the Major Resistance of 124.09

by ForexCycle.com | May 22, 2017 9:57 am
EURJPY broke above the major resistance of the December 2016 high of 124.09, indicating that the long term uptrend from the June 2016 low of 109.04 has resumed. The long term uptrend could be expected to continue...

USDJPY Failed to Break Above 115.50 Resistance

by ForexCycle.com | May 19, 2017 12:18 am
Under pressure by the resistance of the Mar 10 high of 115.50, USDJPY pulled back from 114.36 and the fall extended sharply to as low as 110.23. The pair will find support at around 109.60, which is...

Fibonacci Retracements

by ForexCycle.com | December 28, 2008 11:46 pm
Fibonacci numbers were named after an Italian mathematician called Leonardo Fibonacci. Fibonacci developed the numbers in 1170 when he was carrying out studies on the Egyptian Great Pyramid of Giza. Simply put, Fibonacci numbers are a series...

The Trading Secrets of Fibonacci and the Golden Ratio

by ForexCycle.com | April 17, 2008 7:44 am
We all are familiar with the fact that successful traders use Fibonacci and the Golden ratio. Before, we all get ready to try our luck, it is imperative that we know and understand what they are. While...

Fibonacci Sequence

by ForexCycle.com | January 3, 2008 7:56 pm
Fibonacci sequence – 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc. Interpretation of the Fibonacci numbers in forex technical analysis anticipates changes in trends as prices approach lines created by the Fibonacci...