Long Term Forex Market Analysis
Providing long term forex market analysis and trading signals. Timing the forex market.
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 17 May 2008 04:14 GMT
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EURUSD broke above 1,5594 key resistance and formed a cycle bottom at 1.5284 on daily chart. Further rise to 1.5725 area is possible, and sideways consolidation in a range between 1.5284 and 1.6019 could be expected in the next few weeks. As long... |
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Forex Market Analysis |
Written by ForexCycle.com |
Tuesday, 13 May 2008 18:40 GMT
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USDCAD breaks below 0.9987 support. Deeper decline to test 0.9709 is still possible in the next several days. Key resistance is now located at 1.0326, only break of this level will signal the resumption of the long term up trend.
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Forex Market Analysis |
Written by ForexCycle.com |
Tuesday, 13 May 2008 18:39 GMT
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USDCHF is forming a cycle top at 1.0623 on daily chart. Key support is now located at 1.0388, a break below this level will confirm the cycle top and pullback to retest 0.9870 support is expected to follow. Initial resistance is at 1.0623, only... |
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Forex Market Analysis |
Written by ForexCycle.com |
Tuesday, 13 May 2008 18:38 GMT
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USDJPY is forming a cycle bottom at 102.58 on daily chart. The rise from 102.58 is treated as resumption of the up trend. Further rise towards 108.00 to reach the next cycle top is expected. Initial support is low located at 102.58, only break... |
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Forex Market Analysis |
Written by ForexCycle.com |
Tuesday, 13 May 2008 18:37 GMT
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AUDUSD traded in range between 0.9275 and 0.9541. Deeper decline to retest 0.8953 support is still in favor and a break of 0.9275 will confirm such case. Key resistance is at 0.9541, only rise above this level will signal resumption of the long... |
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Forex Market Analysis |
Written by ForexCycle.com |
Tuesday, 13 May 2008 18:36 GMT
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GBPUSD is in down trend. Further fall to test 1.9337 (Jan 22 low) is expected. Break below this level is possible after consolidation. Key resistance is located at 2.0029, only rise above this level will indicate lengthier correction to the long... |
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Forex Market Analysis |
Written by ForexCycle.com |
Tuesday, 13 May 2008 18:35 GMT
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EURUSD is bottoming at 1.5284 on daily chart. Key resistance is now located at 1.5594, a break of this level will confirm the cycle bottom. Sideways consolidation in a range between 1.5284 and 1.6019 could be expected in the next few weeks... |
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 10 May 2008 19:10 GMT
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USDCAD traded in range between 0.9987 and 1.0326. Break below 0.9987 level would more likely be seen in the next few days. Key resistance is now located at 1.0326, only break of this level will signal the resumption of the long term up trend.
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 10 May 2008 19:09 GMT
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USDCHF is topping at 1.0623, key support is now at 1.0298, a break of this level will confirm the cycle top and deeper decline to 1.0100 area is expected to follow. Initial resistance is at 1.0623, only rise above this level will signal resumption... |
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 10 May 2008 19:08 GMT
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USDJPY pulled back from 105.70. Further fall to 101.75 area to reach the next cycle bottom on daily chart is possible. However, the fall from 105.70 is treated as correction to the up trend, as long as 100.02 support holds, we'd expect up trend to... |
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Page 179 of 201 |
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