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Long Term Forex Market Analysis


USDCAD Weekly Analysis - March 22, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 22 March 2015 07:05 UTC
USDCAD failed to break above 1.2797 resistance, and stayed in the trading range between 1.2351 and 1.2797. Deeper decline to test the support of the upward trend line on daily chart could be seen, as long as the trend line support holds, the uptrend from 1.0619 (Jul 3, 2014 low) could be expected to ...

USDJPY Weekly Analysis - March 22, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 22 March 2015 07:05 UTC
After touching 121.84 resistance, USDJPY pulled back into the trading range between 115.56 and 121.84, indicating that lengthier consolidation for the uptrend from 101.06 (Jul 10, 2014 low) is underway. Deeper decline to 114.00 area to complete the consolidation is possible.

AUDUSD Weekly Analysis - March 22, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 22 March 2015 07:04 UTC
AUDUSD moved sideways in a trading range between 0.7560 and 0.7912. Key resistance is at 0.8000, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 0.9504 (Jul 1, 2014 high), another fall towards 0.7000 is still possible after consolidation.

GBPUSD Weekly Analysis - March 22, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 22 March 2015 07:03 UTC
GBPUSD remains in downtrend from 1.7190 (Jul 15, 2014 high), the rise from 1.4634 could be treated as consolidation of the downtrend. Resistance is located at the top of the price channel on daily chart, as long as the channel resistance holds, the downtrend could be expected to resume, and another ...

EURUSD Weekly Analysis - March 22, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 22 March 2015 07:02 UTC
EURUSD remains in downtrend from 1.3993 (May 8, 2014 high), the rise from 1.0462 is likely consolidation of the downtrend. Range trading between 1.0462 and 1.1200 is possible over the next several weeks. Key resistance is at 1.1533, as long as this levels holds, the downtrend could be expected to re ...

USDCAD Weekly Analysis - March 15, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 15 March 2015 08:11 UTC
USDCAD broke above 1.2797 resistance, indicating that the uptrend from 1.0619 (Jul 3, 2014 low) has resumed. Further rise could be expected, and next target would be at 1.3500 area. Support is at 1.2600, only break below this level will indicate that lengthier consolidation for the uptrend is needed ...

USDJPY Weekly Analysis - March 15, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 15 March 2015 08:10 UTC
USDJPY broke above 121.84 resistance, indicating that the uptrend from 101.06 (Jul 10, 2014 low) has resumed. Further rise could be expected, and next target would be at 130.00 area. Support is at 119.00, only break below this level will indicate that lengthier consolidation for the uptrend is neede ...

AUDUSD Weekly Analysis - March 15, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 15 March 2015 08:10 UTC
AUDUSD broke below 0.7625 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. Near term resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, the ...

GBPUSD Weekly Analysis - March 15, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 15 March 2015 08:09 UTC
GBPUSD broke below 1.4950 support, and the downward movement from 1.7190 (Jul 15, 2014 high) extended to as low as 1.4698. Further decline could be expected after a minor consolidation, and next target would be at 1.4000 area. Resistance is at 1.5300, only break above this level could signal complet ...

EURUSD Weekly Analysis - March 15, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 15 March 2015 08:08 UTC
EURUSD's downward movement from 1.3993 (May 8, 2014 high) extended to as low as 1.0462. Further decline could be expected after a minor consolidation and next target would be at 1.0000 area. Resistance is now at 1.1000, only break above this level could signal completion of the downtrend.

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