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Long Term Forex Market Analysis


USDCAD Weekly Analysis - February 7, 2015

Long Term Forex Analysis | by ForexCycle.com | Saturday, 07 February 2015 06:22 UTC
USDCAD stays above the upward trend line on daily chart, and remains in uptrend from 1.0619 (Jul 3, 2014 low), the fall from 1.2797 is likely consolidation of the uptrend. Range trading between 1.2250 and 1.2797 would likely be seen in a couple of weeks. Key support is located at the trend line, onl ...

USDJPY Weekly Analysis - February 7, 2015

Long Term Forex Analysis | by ForexCycle.com | Saturday, 07 February 2015 06:21 UTC
USDJPY continued its sideways movement in a range between 115.56 and 121.84. Support is at 115.56, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 101.06 (Jul 10, 2014 low), another rise towards 130.00 could be expected after consolidation. Re ...

AUDUSD Weekly Analysis - February 7, 2015

Long Term Forex Analysis | by ForexCycle.com | Saturday, 07 February 2015 06:20 UTC
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.9504 (Jul 1, 2014 high), and the rise from 0.7625 is likely consolidation of the downtrend. Resistance is located as the trend line, as long as the trend line resistance holds, the downtrend could be expected ...

GBPUSD Weekly Analysis - February 7, 2015

Long Term Forex Analysis | by ForexCycle.com | Saturday, 07 February 2015 06:15 UTC
GBPUSD is facing the resistance of 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 1.4500 area. However, a clear break above the trend line resistance will indicate that lengthier consolidati ...

EURUSD Weekly Analysis - February 7, 2015

Long Term Forex Analysis | by ForexCycle.com | Saturday, 07 February 2015 06:14 UTC
EURUSD's bounce from 1.1097 extended to as high as 1.1533. Near term resistance is at 1.1600, as long as this level holds, the bounce could be treated as consolidation of the downtrend from 1.3993 (May 8, 2014 high), another fall towards 1.0000 is still possible after consolidation. Key resistance i ...

USDCAD Weekly Analysis - January 25, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 January 2015 08:23 UTC
USDCAD continued its upward movement from 1.0619 (Jul 3, 2014 low), and the rise extended to as high as 1.2456. Further rise is still possible after a minor consolidation, and next target would be at 1.3000 area. Near term support is at 1.2100, and the key support is located at the upward trend line ...

USDJPY Weekly Analysis - January 25, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 January 2015 08:23 UTC
USDJPY is forming a sideways consolidation in a range between 115.56 and 121.84. The sideways movement could be seen to continue in a couple of weeks. As long as 115.56 support holds, the uptrend from 101.06 (Jul 10, 2014 low) could be expected to resume, and another rise to 130.00 is still possible ...

AUDUSD Weekly Analysis - January 25, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 January 2015 08:22 UTC
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.9504 (Jul 1, 2014 high), and the downward movement extended to as low as 0.7880. As long as the trend line resistance holds, further decline could be expected, and next target would be at 0.7500 area. Key resi ...

GBPUSD Weekly Analysis - January 25, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 January 2015 08:21 UTC
GBPUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.7190 (Jul 15, 2014 high), and the downward movement extended to as low as 1.4950. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.4500 are ...

EURUSD Weekly Analysis - January 25, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 January 2015 08:21 UTC
EURUSD's downward movement from 1.3993 (May 8, 2014 high) extended to as low as 1.1115. Further decline is still possible after a minor consolidation, and next target would be at 1.0500 area. Near term resistance is at 1.1500, and the key resistance is located at the downward trend line on daily cha ...

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