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Long Term Forex Market Analysis


GBPUSD Weekly Analysis - August 3, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 03 August 2014 06:20 UTC
GBPUSD broke below the lower line of the price channel on daily chart, indicating that the uptrend from 1.4813 (Jul 9, 2013 low) had completed at 1.7190 already. Further decline could be expected, and next target would be at 1.6500 area. Resistance levels are at 1.7040 and 1.7190, only break above t ...

EURUSD Weekly Analysis - August 3, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 03 August 2014 06:19 UTC
EURUSD's downward movement from 1.3993 extended to as low as 1.3366. Further decline could be expected after a minor consolidation, and next target would be at 1.3000 area. Resistance is at 1.3550, only break above this level will indicate that the downtrend had completed at 1.3366 already, then the ...

USDCAD Weekly Analysis - July 26, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 26 July 2014 11:54 UTC
USDCAD broke above the downward trend line on daily chart, indicating that the downtrend from 1.1278 had completed at 1.0619 already. Further rise could be expected, and next target would be at 1.1000 area. Support is at 1.0619, only break below this level could trigger another fall towards 1.0000. ...

USDCHF Weekly Analysis - July 26, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 26 July 2014 11:53 UTC
USDCHF broke above 0.9036 resistance, indicating that the downtrend from 0.9838 (May 22, 2013 high) had completed at 0.8699 already. The pair is now in uptrend, further rise could be expected, and next target would be at 0.9400 area. Key support is now at 0.8855, only break below this level could tr ...

USDJPY Weekly Analysis - July 26, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 26 July 2014 11:53 UTC
USDJPY moved sideways in a narrow range between 100.75 and 104.12 for several months. The price action in the range is likely consolidation of the uptrend from 75.57 (Oct 31, 2011 low). Key support is at 100.75, as long as this level holds, the uptrend could be expected to resume, and one more rise ...

AUDUSD Weekly Analysis - July 26, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 26 July 2014 11:52 UTC
AUDUSD stays in a trading range between 0.9202 and 0.9504. Key support is at 0.9202, a breakdown below this level will signal completion of the uptrend from 0.8660, then the following downward movement could bring price to 0.8000 area. On the upside, as long as 0.9202 support holds, the uptrend from ...

GBPUSD Weekly Analysis - July 26, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 26 July 2014 11:52 UTC
GBPUSD remains in uptrend from 1.4813 (Jul 9, 2013 low), the fall from 1.7190 is likely consolidation of the uptrend. Support is located at the bottom of the price channel on daily chart. As long as the channel support holds, the uptrend could be expected to resume, and one more rise to 1.7500 area ...

EURUSD Weekly Analysis - July 26, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 26 July 2014 11:51 UTC
EURUSD broke below 1.3477 support, indicating that the uptrend from 1.2747 (Apr 4, 2013 low) had completed at 1.3993 already. The pair is now in downtrend, further decline could be expected over the next several weeks, and next target would be at 1.3000 area. Key resistance is now at 1.3700, only br ...

USDCAD Weekly Analysis - July 20, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 July 2014 04:00 UTC
USDCAD is testing the trend line resistance, as long as the pair stays below the trend line, the downtrend from 1.1278 could be expected to continue, and next target would be at 1.0300 area. On the upside, a clear break above the trend line resistance will indicate that the downtrend had completed a ...

USDCHF Weekly Analysis - July 20, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 July 2014 04:00 UTC
USDCHF is facing 0.9036 resistance, a break above this level will indicate that the downtrend from 0.9838 (May 22, 2013 high) had completed at 0.8699 already, then the following upward movement could bring price to 1.0500 area. However, as long as 0.9036 resistance holds, the rise from 0.8699 would ...

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