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Long Term Forex Market Analysis


USDCAD Weekly Analysis - December 21, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 December 2014 05:33 UTC
USDCAD's upward movement from 1.0619 extended to as high as 1.1673. Support is located at the upward trend line on daily chart, as long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.2000 area. Only a clear break below the trend line support ...

USDCHF Weekly Analysis - December 21, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 December 2014 05:32 UTC
USDCHF broke above 0.9817 previous high, indicating that the uptrend from 0.8703 has resumed. Near term support is at the upward trend line on daily chart, as long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.0500 area. Key support is at 0 ...

USDJPY Weekly Analysis - December 21, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 December 2014 05:31 UTC
After touching the lower line of the price channel on daily chart, USDJPY rebounded from 115.56, indicating that the pair remains in uptrend from 101.06, and the fall from 121.84 could be treated as consolidation of the uptrend. As long as the channel support holds, the uptrend could be expected to ...

AUDUSD Weekly Analysis - December 21, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 December 2014 05:31 UTC
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.9504. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.7500 area. Only a clear break above the trend line resistance could signal completio ...

GBPUSD Weekly Analysis - December 21, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 December 2014 05:30 UTC
GBPUSD moved sideways in a trading range between 1.5541 and 1.5825. As long as 1.5825 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.7190, further decline to 1.5000 area could be expected after consolidation. On the upside, a break of 1.5825 ...

EURUSD Weekly Analysis - December 21, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 December 2014 05:30 UTC
EURUSD broke below 1.2247 previous low, indicating that the downtrend from 1.3993 has resumed. Near term resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, further decline could be expected, and next target would be at 1.1500 area. Key resistance is ...

USDCAD Weekly Analysis - December 14, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 December 2014 04:43 UTC
USDCAD stays above the rising trend line on daily chart, and remains in uptrend from 1.0619. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.2000 area. Only a clear break below the trend line support could signal completion of the upt ...

USDCHF Weekly Analysis - December 14, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 December 2014 04:42 UTC
USDCHF broke below the bottom of the price channel on daily chart, indicating that consolidation of the uptrend from 0.8703 is underway. Deeper decline would likely be seen, and the target would be at 0.9500 area. As long as 0.9500 support holds, the uptrend could be expected to resume, and another ...

USDJPY Weekly Analysis - December 14, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 December 2014 04:41 UTC
USDJPY remains in uptrend from 101.06, the fall from 121.84 is likely consolidation of the uptrend. Near term 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 next target would be at 130.00 area. Only ...

AUDUSD Weekly Analysis - December 14, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 December 2014 04:35 UTC
AUDUSD's downward movement from 0.9504 extended to as low as 0.8214. Resistance is located at the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.7500 area. Only a clear break above the trend l ...

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