Sponsors

Long Term Forex Market Analysis


USDCAD Weekly Analysis - June 21, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 June 2015 05:25 UTC
USDCAD remains in downtrend from 1.2563, and the fall extended to as low as 1.2127. Further decline to test 1.1919 support would likely be seen, a breakdown below this level will signal resumption of the longer term downtrend from 1.2835, then next target would be at 1.1500 area.

USDJPY Weekly Analysis - June 21, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 June 2015 05:25 UTC
USDJPY remains in uptrend from 75.57 (Oct 31, 2011), the fall from 125.85 is likely consolidation of the uptrend. Range trading between 120.00 and 125.85 is possible over the next several weeks. As long as 120.00 support holds, the uptrend could be expected to resume, and one more rise to 130.00 are ...

AUDUSD Weekly Analysis - June 21, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 June 2015 05:24 UTC
AUDUSD moved sideways in a range between 0.7532 and 0.8162, the price action in the range is likely consolidation of the long term downtrend from 0.9504 (Jul 1, 2014 high), another fall towards 0.7000 is still possible after consolidation. Support is at 0.7532, a breakdown below this level could sig ...

GBPUSD Weekly Analysis - June 21, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 June 2015 05:24 UTC
GBPUSD broke above 1.5814 resistance, indicating that the uptrend from 1.4565 has resumed. Further rise could be expected over the next several weeks, and next target would be at 1.6500 area. Near term support is at 1.5550, as long as this level holds the uptrend will continue.

EURUSD Weekly Analysis - June 21, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 June 2015 05:23 UTC
EURUSD stays in the upward price channel on daily chart, and remains in uptrend from 1.0462. Support is at 1.0819, as long as this level holds, the uptrend could be expected to continue, and further rise to test 1.1533 resistance could be expected, a break of this level will confirm that the long te ...

USDCAD Weekly Analysis - June 14, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 June 2015 01:23 UTC
USDCAD broke below 1.2350 support, indicating that the uptrend from 1.1919 had completed at 1.2563 already. The pair is now in downtrend, further decline to test 1.1919 support could be expected, a breakdown below this level will conform that the longer term downtrend from 1.2835 has resumed, then t ...

USDJPY Weekly Analysis - June 14, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 June 2015 01:23 UTC
USDJPY remains in uptrend from 118.88, the fall from 125.85 is likely consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 130.00 area. Support is at 121.50, only break below this level could bring price back to 117.00 zone.

AUDUSD Weekly Analysis - June 14, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 June 2015 01:22 UTC
Being contained by 0.7532 support, AUDUSD formed a sideways consolidation in a narrow range for several days. As long as 0.7532 support holds, the fall from 0.8162 would possibly be correction of the uptrend from 0.7532, another rise towards 0.8800 is still possible. On the downside, a breakdown bel ...

GBPUSD Weekly Analysis - June 14, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 June 2015 01:21 UTC
GBPUSD failed to break below 1.5080 support, and rebounded from 1.5170. Further rise to test 1.5814 resistance could be expected, a break of this level will indicate that the uptrend from 1.4565 has resumed, then next target would be at 1.6500 area. Support is now at 1.5170, only break below this le ...

EURUSD Weekly Analysis - June 14, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 June 2015 01:21 UTC
EURUSD remains in uptrend from 1.0462. Further rise to re-test 1.1533 resistance would likely be seen, a break of this level will confirm that the long term downtrend from 1.3993 (May 8, 2014 high) is complete, then the following upward movement could bring price to 1.3000 area. Support is at 1.0819 ...

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.

Sponsors

Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.