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Long Term Forex Market Analysis


USDCAD Weekly Analysis - March 9, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 March 2014 07:38 UTC
USDCAD is forming a sideways consolidation in a range between 1.0910 and 1.1224. As long as 1.0910 support holds, the uptrend from 1.0182 could be expected to resume, and next target would be at 1.1500 area. On the downside, a breakdown below 1.0910 support will signal completion of the uptrend from ...

USDCHF Weekly Analysis - March 9, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 March 2014 07:37 UTC
USDCHF's downward movement from 0.9156 extended to as low as 0.8756. Further decline would likely be seen, and next target would be at 0.8300 area. Resistance is at 0.8930, only break above this level could trigger another rise towards 0.9300.

USDJPY Weekly Analysis - March 9, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 March 2014 07:37 UTC
USDJPY moved sideways in a range between 100.75 and 105.44. Support is at 100.75, a breakdown below this level will confirm that the uptrend from 96.57 had completed, then the following downward movement could bring price to 95.00 zone. However, as long as 100.75 support holds, the fall from 105.44 ...

AUDUSD Weekly Analysis - March 9, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 March 2014 07:36 UTC
AUDUSD broke above 0.9085 resistance, indicating that the downtrend from 0.9756 had completed at 0.8660 already. Further rise could be expected over the next several weeks, and the target would be at 0.9600 area. Support is now at the upward trend line of daily chart, as long as the trend line suppo ...

GBPUSD Weekly Analysis - March 9, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 March 2014 07:36 UTC
GBPUSD stays in a upward price channel on daily chart, and remains in uptrend from 1.4813 (Jul 9, 2013 low), the fall from 1.6822 could be treated as consolidation of the uptrend. Key support is located at the lower line of the channel, as long as the channel support holds, the uptrend could be expe ...

EURUSD Weekly Analysis - March 9, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 March 2014 07:35 UTC
EURUSD broke above 1.3892 resistance, indicating that the uptrend from 1.2747 (Apr 4, 2013 low) has resumed. Further rise could be expected after a minor consolidation, and next target would be at 1.4200 area. Support is located at the lower line of the price channel on daily chart, only a clear bre ...

USDCAD Weekly Analysis - March 2, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 March 2014 06:46 UTC
USDCAD moved sideways in a trading range between 1.0910 and 1.1224. As long as the trend line support holds, the price action from 1.1224 could be treated as consolidation of the uptrend from 1.0182, another rise towards 1.1500 could be expected after consolidation. Only a clear break below the tren ...

USDCHF Weekly Analysis - March 2, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 March 2014 06:46 UTC
USDCHF broke below 0.8799 previous low, suggesting that the downtrend from 0.9838 (May 22, 2013 high) has resumed. Further decline could be expected, and next target would be at 0.8300 area. Resistance is at 0.8930, only break above this level could trigger another rise towards 0.9300.

USDJPY Weekly Analysis - March 2, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 March 2014 06:45 UTC
USDJPY remains in downtrend from 105.44, the rise from 100.75 would possibly be correction of the downtrend. As long as 105.44 key resistance holds, the downtrend could be expected to resume, and another fall towards 95.00 would likely be seen after correction.

AUDUSD Weekly Analysis - March 2, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 March 2014 06:45 UTC
AUDUSD failed to break above 0.9085 resistance and pulled back to 0.8903. However, another rise to re-test 0.9085 resistance would likely be seen, a break above this level will signal completion of the downtrend from 0.9756, then further rise to 0.9600 area could be seen. On the downside, as long as ...

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