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Long Term Forex Market Analysis


USDCAD Weekly Analysis - April 5, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 05 April 2015 07:52 UTC
USDCAD failed to break above 1.2835 resistance, and stayed in the trading range between 1.2351 and 1.2835. Near term support is at 1.2351, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from 1.0619 (Jul 3, 2014 low), further rise towards 1 ...

USDJPY Weekly Analysis - April 5, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 05 April 2015 07:51 UTC
USDJPY continued its sideways movement in the range between 115.56 and 122.02. Support is at 115.56, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from 101.06 (Jul 10, 2014 low), further rise towards 130.00 is still possible after consoli ...

AUDUSD Weekly Analysis - April 5, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 05 April 2015 07:50 UTC
AUDUSD broke below 0.7560 support, indicating that the downtrend from 0.9504 (Jul 1, 2014 high) has resumed. Further decline could be expected, and next target would be at 0.7000 area. Key resistance is now at 0.7938, only break above this level could signal completion of the downtrend.

GBPUSD Weekly Analysis - April 5, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 05 April 2015 07:49 UTC
GBPUSD remains in downtrend from 1.7190 (Jul 15, 2014 high), the rise from 1.4534 is likely consolidation of the downtrend. Further rise to the top of the price channel to complete the consolidation is possible. As long as the channel resistance holds, the downtrend could be expected to continue, an ...

EURUSD Weekly Analysis - April 5, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 05 April 2015 07:48 UTC
EURUSD remains in downtrend from 1.3993 (May 8, 2014 high), the rise from 1.0462 is likely consolidation of the downtrend. Resistance is located at the top of the channel, as long as the channel resistance holds, the downtrend could be expected resume, and further decline towards 1.0000 is still pos ...

USDCAD Weekly Analysis - March 29, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 29 March 2015 07:22 UTC
USDCAD remains in uptrend from 1.0619 (Jul 3, 2014 low), the sideways movement in the range between 1.2351 and 1.2835 is likely consolidation of the uptrend. Key support is at 1.2351, as long as this level holds, the uptrend could be expected to resume, and another rise towards 1.3500 is still possi ...

USDJPY Weekly Analysis - March 29, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 29 March 2015 07:21 UTC
USDJPY remains in uptrend from 101.06 (Jul 10, 2014 low), the sideways movement in the range between 115.56 and 122.02 could be treated as consolidation of the uptrend. Support is at 115.56, as long as this level holds, the uptrend could be expected to resume, and another rise towards 130.00 is stil ...

AUDUSD Weekly Analysis - March 29, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 29 March 2015 07:21 UTC
After touching 0.7912 resistance, AUDUSD pulled back into the trading range between 0.7560 and 0.7912, indicating that the pair remains in downtrend from 0.9504 (Jul 1, 2014 high), and the price action in the trading range could be treated as consolidation of the downtrend. Key resistance is at 0.80 ...

GBPUSD Weekly Analysis - March 29, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 29 March 2015 07:20 UTC
GBPUSD's bounce from 1.4634 extended to as high as 1.5162. Further rise to test the resistance of the top of the price channel on daily chart is possible. As long as the channel resistance holds, the rise could be treated as consolidation of the downtrend from 1.7190 (Jul 15, 2014 high), another fal ...

EURUSD Weekly Analysis - March 29, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 29 March 2015 07:19 UTC
EURUSD stays in the downward price channel on daily chart, and remains in downtrend from 1.3993 (May 8, 2014 high), the rise from 1.0462 could be treated as consolidation of the downtrend. Resistance is located at the top of the channel, as long as the channel resistance holds, the downtrend could b ...

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