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Long Term Forex Market Analysis


USDCAD Weekly Analysis - April 20, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 April 2014 03:20 UTC
USDCAD remains in downtrend from 1.1278, the rise from 1.0857 is likely consolidation of the downtrend. Another fall 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 rise to ...

USDCHF Weekly Analysis - April 20, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 April 2014 03:19 UTC
USDCHF remains in downtrend from 0.9751 (Jul 9, 2013 high), the price action from 0.8699 could be treated as consolidation of the downtrend. Range trading between 0.8699 and 0.8952 would likely be seen over the next several weeks. Near term resistance is at 0.8952, as long as this level holds, the d ...

USDJPY Weekly Analysis - April 20, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 April 2014 03:19 UTC
USDJPY is now in downtrend from 105.44, the price action from 100.75 could be treated as consolidation of the downtrend. Key support is at 100.75, a breakdown below this level will indicate that he downtrend has resumed, then the following downward movement could bring price to 90.00 area. Key resis ...

AUDUSD Weekly Analysis - April 20, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 April 2014 03:18 UTC
AUDUSD remains in uptrend from 0.8660, the fall from 0.9461 is likely consolidation of the uptrend. Support is at the lower line of the price channel on daily chart. As long as the channel support holds, the uptrend could be expected to resume, and one more rise to 0.9600 area to complete the upward ...

GBPUSD Weekly Analysis - April 20, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 April 2014 03:17 UTC
GBPUSD broke above 1.6822 resistance, indicating that the uptrend from 1.4813 (Jul 9, 2013 low) has resumed. Further rise could be expected, and next target would be at 1.7200 area. Near term support is at the lower line of the price channel on daily chart, and the key support is at 1.6465, only bre ...

EURUSD Weekly Analysis - April 20, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 April 2014 03:16 UTC
EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), the price action from 1.3966 could be treated as consolidation of the uptrend. Range trading between 1.3672 and 1.3966 would likely be seen over the next several weeks. Support is at 1.3672, as long as this level holds, the uptrend could be ex ...

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 ...

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