Sponsors

Long Term Forex Market Analysis


USDCAD Weekly Analysis - March 8, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 March 2015 09:48 UTC
USDCAD moved sideways in a trading range between 1.2351 and 1.2797. Near term support is at 1.2351, and the key support is located at the upward trend line on daily chart. As long as the trend line support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0 ...

USDJPY Weekly Analysis - March 8, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 March 2015 09:48 UTC
USDJPY is facing 121.84 resistance, a break of this level will indicate that the uptrend from 101.06 (Jul 10, 2014 low) has resumed, then next target would be at 130.00 area. On the other side, as long as 121.84 resistance holds, the sideways movement in a range between 115.56 and 121.84 could be ex ...

AUDUSD Weekly Analysis - March 8, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 March 2015 09:47 UTC
AUDUSD failed to break above the downward trend line on daily chart, indicating that the pair remains in downtrend from 0.9504 (Jul 1, 2014 high), and the bounce from 0.7625 could be treated as consolidation of the downtrend. Further decline would likely be seen, and next target would be at 0.7000 a ...

GBPUSD Weekly Analysis - March 8, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 March 2015 09:46 UTC
GBPUSD is facing 1.4950 support, a breakdown below this level will indicate that the downtrend from 1.7190 (Jul 15, 2014 high) has resumed, then next target would be at 1.4500 area. On the other side, as long as 1.4950 support holds, lengthier consolidation for the downtrend could be expected, and o ...

EURUSD Weekly Analysis - March 8, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 March 2015 09:46 UTC
EURUSD broke below 1.1097 support, and continued its downward movement from 1.3993 (May 8, 2014 high), and the fall extended to as low as 1.0839. Key resistance is now at 1.1533, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.0000 area.

USDCAD Weekly Analysis - March 1, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 01 March 2015 07:43 UTC
USDCAD remains in uptrend from 1.0619 (Jul 3, 2014 low), the fall from 1.2797 is likely consolidation of the uptrend. Key support is at the upward trend line on daily chart, as long as the trend line support holds, the uptrend could be expected to resume, and one more rise to 1.3500 area is still po ...

USDJPY Weekly Analysis - March 1, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 01 March 2015 07:42 UTC
USDJPY is forming a sideways consolidation in a range between 115.56 and 121.84. Another rise towards 130.00 could be expected after consolidation, and a break of 121.84 resistance could signal resumption of the uptrend from 101.06 (Jul 10, 2014 low).

AUDUSD Weekly Analysis - March 1, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 01 March 2015 07:42 UTC
AUDUSD is facing the resistance of the downward trend line on daily chart. As long as the trend line resistance holds, the bounce from 0.7625 could be treated as consolidation of the downtrend from 0.9504 (Jul 1, 2014 high), another fall to 0.7000 area is still possible after consolidation. Only a c ...

GBPUSD Weekly Analysis - March 1, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 01 March 2015 07:41 UTC
GBPUSD continued its upward movement from 1.4950, and the rise extended to as high as 1.5551. Further rise is still possible, and next target would be at 1.5700 area. Near term support is now at 1.5300, only break below this level could bring price back to test 1.4950 support.

EURUSD Weekly Analysis - March 1, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 01 March 2015 07:38 UTC
EURUSD stayed in the trading range between 1.1097 and 1.1533. As long as 1.1533 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3993 (May 8, 2014 high), another fall towards 1.0000 could be expected after consolidation, and a breakdown below ...

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.

Sponsors

Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.