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Long Term Forex Market Analysis


USDCAD Weekly Analysis - November 23, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 23 November 2014 04:32 UTC
USDCAD broke below the bottom of the price channel on daily chart, deeper decline to test 1.1121 support is possible, a breakdown below this level will signal completion of the uptrend from 1.0619, then the following downward movement could bring price to 1.0800 area. On the upside, as long as 1.112 ...

USDCHF Weekly Analysis - November 23, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 23 November 2014 04:31 UTC
USDCHF failed to break below the bottom of the price channel on daily chart, indicating that the pair remains in uptrend from 0.8703. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.0000 area. Key support is at 0.9530,only break below th ...

USDJPY Weekly Analysis - November 23, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 23 November 2014 04:30 UTC
USDJPY's upward movement from 101.06 extended to as high as 118.97. The uptrend could be expected to continue after a minor consolidation, and next target would be at 125.00 area. Near term support is at 115.45, only break below this level will indicate that consolidation of the uptrend is underway, ...

AUDUSD Weekly Analysis - November 23, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 23 November 2014 04:29 UTC
AUDUSD stays in a trading range between 0.8540 and 0.8910. As long as 0.8910 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.9504, further decline to 0.8000 area would likely be seen after consolidation. Only break above 0.8910 resistance cou ...

GBPUSD Weekly Analysis - November 23, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 23 November 2014 04:28 UTC
GBPUSD remains in downtrend from 1.7190. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.5000 area. On the upside, a clear break above the trend line resistance will signal completion of the downtrend, then the pair will find res ...

EURUSD Weekly Analysis - November 23, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 23 November 2014 04:27 UTC
EURUSD failed to break above the upper line of the price channel on daily chart, indicating that the pair remains in downtrend from 1.3993. As long as the channel resistance holds, the downtrend could be expected to continue, and next target would be at 1.2000 area. Key resistance is now at 1.2599, ...

USDCAD Weekly Analysis - November 16, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 16 November 2014 04:31 UTC
USDCAD remains in uptrend from 1.0619, the fall from 1.1466 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on daily chart, as long as the channel support holds, the uptrend could be expected to resume, and next target would be at 1.1800 area. Key supp ...

USDCHF Weekly Analysis - November 16, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 16 November 2014 04:31 UTC
USDCHF remains in uptrend from 0.8703, the fall from 0.9741 is likely consolidation o f the uptrend. Support is located as the bottom of the price channel on daily chart, as long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.0000 area. On the ...

USDJPY Weekly Analysis - November 16, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 16 November 2014 04:30 UTC
USDJPY continued its upward movement from 101.06, and the rise extended to as high as 116.82. Further rise could be expected after a minor consolidation, and next target would be at 120.00 area. Support is at 113.50, only break below this level will indicate that consolidation of the uptrend is unde ...

AUDUSD Weekly Analysis - November 16, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 16 November 2014 04:29 UTC
AUDUSD moved sideways in a trading range between 0.8540 and 0.8910. The price action in the range is likely consolidation of the downtrend from 0.9504, as long as 0.8910 resistance holds, the downtrend could be expected to resume, and deeper decline to 0.8000 area is still possible. Only break above ...

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