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Long Term Forex Market Analysis


USDCAD Weekly Analysis - April 12, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 12 April 2014 15:26 UTC
USDCAD broke below 1.0910 support, indicating that the uptrend from 1.0182 had completed at 1.1278 already. Deeper decline could be expected after consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.1100 and 1.1278, only break above these levels could trigger another r ...

USDCHF Weekly Analysis - April 12, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 12 April 2014 15:25 UTC
USDCHF failed to break above the upper line of the price channel on daily chart, suggesting that the pair remains in downtrend from 0.9751 (Jul 9, 2013 high), the price action from 0.8699 could be treated as consolidation of the downtrend. As long as the channel resistance holds, the downtrend could ...

USDJPY Weekly Analysis - April 12, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 12 April 2014 15:24 UTC
USDJPY is facing 100.75 support again, a breakdown below this level will signal resumption of the downtrend from 105.44, then the next target would be at 95.00 area. On the upside, as long as 100.75 support holds, the price action in the trading range between 100.75 and 105.44 could be treated as co ...

AUDUSD Weekly Analysis - April 12, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 12 April 2014 15:24 UTC
AUDUSD's upward movement from 0.8660 extended to as high as 0.9461. Further rise would likely be seen after a minor consolidation, and the target would be at 0.9600 area. Key support is located at the upward trend line on daily chart, only a clear break below the trend line support could signal comp ...

GBPUSD Weekly Analysis - April 12, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 12 April 2014 15:23 UTC
GBPUSD is facing 1.6822 resistance, a break above this level will signal resumption of the uptrend from 1.4813 (Jul 9, 2013 low), then the following upward movement could bring price to 1.7500 area. On the downside, as long as 1.6822 resistance holds, range trading between 1.6465 and 1.6822 could be ...

EURUSD Weekly Analysis - April 12, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 12 April 2014 15:22 UTC
EURUSD is facing 1.3966 resistance, a break above this level will signal resumption of the uptrend from 1.2747 (Apr 4, 2013 low), then the following upward movement could bring price to 1.4500 area. On the other side, as long as 1.3966 resistance holds, lengthier sideways movement could be expected ...

USDCAD Weekly Analysis - April 6, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 06 April 2014 02:24 UTC
USDCAD moved sideways in a range between 1.0910 and 1.1278. As long as 1.0910 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0182. Another rise is still possible after consolidation, and a break above 1.1100 resistance could signal resumption of ...

USDCHF Weekly Analysis - April 6, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 06 April 2014 02:22 UTC
USDCHF's bounce from 0.8699 extended to as high as 0.8952. Further rise could be expected, and the target would be at the upper line of the price channel on daily chart. However, as long as the channel resistance holds, the rise from 0.8699 could be treated as consolidation of the downtrend from 0.9 ...

USDJPY Weekly Analysis - April 6, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 06 April 2014 02:21 UTC
USDJPY continued its sideways movement in a range between 100.75 and 105.44. As long as 100.75 key support holds, the price action in the range could be treated as consolidation of the uptrend from 93.79 (Jun 13, 2013 low), one more rise to 110.00 area is still possible after consolidation. On the d ...

AUDUSD Weekly Analysis - April 6, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 06 April 2014 02:20 UTC
AUDUSD stays above the upward trend line on daily chart, and remains in uptrend from 0.8660, and the rise extended to as high as 0.9306. The uptrend could be expected to continue in a couple of weeks, and the target would be at 0.9600 area. Support is located at the trend line, only a clear break be ...

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