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Forex Analysis and Theory

Forex Analysis and Theory :
Forex Analysis and Theory
About Forex Analysis and Theory. Also provide tutorial on forex trading for beginners.
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Most recent posts

9/29 21:12 Daily Forex Analysis September 29, 2009
USDJPY Analysis. USDJPY rebounded sharply from 88.24, suggesting that a short constituent cycle bottom has been formed on 4-hour chart. Range trading between 88.24 and 90.60 is expected in a pair of days. As daylong as 90.60 status holds, the toll...
9/28 12:23 Daily Forex Analysis September 28, 2009
EURUSD Analysis. EURUSD has formed a short term wheel top at 1.4843 level on 4-hour chart. Further fall to 1.4500 zone would more likely be seen after today. Near term resistance is at 1.4724, as daylong as this level holds, wed expect downtrend from...
9/25 10:23 Daily Forex Analysis September 25, 2009
EURUSD Analysis. EURUSD poor beneath the rising trend line on 4-hour chart and is testing 1.4611 support, a break beneath this take module inform that the uptrend from 1.4177 has complete at 1.4843 take already, then the following downtrend module...
9/22 12:22 Daily Forex Analysis September 22, 2009
USDCAD Analysis. As expected, USDCAD reached 1.0850 level. Now the pullback from 1.0852 could possibly be resumption of downtrend. Deeper decline is in favor and target is to re-test 1.0590 preceding low support, a fortuity below this take module...
9/22 12:22 Daily Forex Analysis September 21, 2009
USDJPY Analysis. USDJPY is testing 91.62 key resistance, a fortuity above this verify will inform that a short constituent cycle bottom has been formed at 91.12 verify on 4-hour interpret and inform that the downtrend from 97.89 has completed, then...

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