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Long Term Forex Market Analysis


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 ...

GBPUSD Weekly Analysis - March 2, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 March 2014 06:44 UTC
GBPUSD remains in uptrend from 1.4813 (Jul 9, 2013 low). Initial support is at 1.6580, and the key support is located at the lower line of the price channel on daily chart. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.7000 area. On th ...

EURUSD Weekly Analysis - March 2, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 March 2014 06:42 UTC
EURUSD is facing 1.3892 resistance, a break above this level will signal resumption of the uptrend from 1.2747 (Apr 4, 2013 low), then the following upward movement could bring price to 1.4500 area. Support is at 1.3640, only break below this level could trigger another fall to 1.3400 zone.

USDCAD Weekly Analysis - February 22, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 22 February 2014 14:56 UTC
USDCAD failed to break below the upward trend line on daily chart, and rebounded from 1.0910. However, as long as 1.1224 resistance holds, the consolidation of the uptrend from 1.0182 could be expected to continue, and one more fall to test the trend line support is still possible. On the upside, a ...

USDCHF Weekly Analysis - February 22, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 22 February 2014 14:55 UTC
USDCHF's fall from 0.9156 extended to as low as 0.8856. Deeper decline to test 0.8799 support would likely be seen next week, a breakdown below this level will signal resumption of the downtrend from 0.9751, then next target would be at 0.8300 area. Key resistance is at 0.9156, only break above this ...

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