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Long Term Forex Market Analysis


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.

USDCAD Weekly Analysis - March 8, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 March 2015 09:48 UTC
USDCAD moved sideways in a trading range between 1.2351 and 1.2797. Near term support is at 1.2351, and the key support is located at the upward trend line on daily chart. As long as the trend line support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0 ...

USDJPY Weekly Analysis - March 8, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 March 2015 09:48 UTC
USDJPY is facing 121.84 resistance, a break of this level will indicate that the uptrend from 101.06 (Jul 10, 2014 low) has resumed, then next target would be at 130.00 area. On the other side, as long as 121.84 resistance holds, the sideways movement in a range between 115.56 and 121.84 could be ex ...

AUDUSD Weekly Analysis - March 8, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 March 2015 09:47 UTC
AUDUSD failed to break above the downward trend line on daily chart, indicating that the pair remains in downtrend from 0.9504 (Jul 1, 2014 high), and the bounce from 0.7625 could be treated as consolidation of the downtrend. Further decline would likely be seen, and next target would be at 0.7000 a ...

GBPUSD Weekly Analysis - March 8, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 March 2015 09:46 UTC
GBPUSD is facing 1.4950 support, a breakdown below this level will indicate that the downtrend from 1.7190 (Jul 15, 2014 high) has resumed, then next target would be at 1.4500 area. On the other side, as long as 1.4950 support holds, lengthier consolidation for the downtrend could be expected, and o ...

EURUSD Weekly Analysis - March 8, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 March 2015 09:46 UTC
EURUSD broke below 1.1097 support, and continued its downward movement from 1.3993 (May 8, 2014 high), and the fall extended to as low as 1.0839. Key resistance is now at 1.1533, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.0000 area.

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