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Long Term Forex Market Analysis


USDJPY Weekly Analysis - February 22, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 22 February 2014 14:55 UTC
USDJPY broke above the upper line of the price channel on daily chart, suggesting that the downward movement from 105.44 had completed at 100.75 already. Further rise could be expected next week, and next target would be at 104.00 area. However, the rise from 100.75 would possibly be correction of t ...

AUDUSD Weekly Analysis - February 22, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 22 February 2014 14:54 UTC
AUDUSD is testing 0.9085 resistance. As long as this level holds, the rise from 0.8660 could be treated as consolidation of the downtrend from 0.9756, one more fall to 0.8500 area is still possible. However, a break above 0.9085 resistance will indicate that the downtrend had completed at 0.8660 alr ...

GBPUSD Weekly Analysis - February 22, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 22 February 2014 14:54 UTC
GBPUSD stays in a upward price channel on daily chart, and remains in uptrend from 1.4813. As long as the channel support holds, the fall from 1.6822 could be treated as consolidation of the uptrend. Another rise could be expected after consolidation, and next target would be at 1.7000 area. Only a ...

EURUSD Weekly Analysis - February 22, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 22 February 2014 14:53 UTC
EURUSD broke above 1.3740 resistance. Further rise to test 1.3892 resistance would likely be seen next week, a break above this level will signal resumption of the uptrend from 1.2747 (Apr 4, 2013 low), then next target would be at 1.4500 area. Support is at 1.3640, only break below this level could ...

USDCAD Weekly Analysis - February 16, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 16 February 2014 07:53 UTC
USDCAD stays above the upward trend line on daily chart, and remains in uptrend from 1.0182, the fall from 1.1224 could be treated as consolidation of the uptrend. As long as the trend line support holds, the uptrend could be expected to resume, and one more rise towards 1.1500 is still possible. On ...

USDCHF Weekly Analysis - February 16, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 16 February 2014 07:52 UTC
USDCHF stays in a downward price channel on daily chart, and remains in downtrend from 0.9751. As long as the channel resistance holds, the downtrend could be expected to resume, and another fall to 0.8500 area is still possible. Key resistance is at 0.9156, only break above this level will indicate ...

USDJPY Weekly Analysis - February 16, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 16 February 2014 07:50 UTC
USDJPY stays in a downward price channel on daily chart, and remains in downtrend from 105.44. As long as the channel resistance holds, the downtrend could be expected to continue, and next target would be at 98.00 area. On the upside a clear break above the channel resistance will indicate that the ...

AUDUSD Weekly Analysis - February 16, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 16 February 2014 07:50 UTC
AUDUSD is facing 0.9085 key resistance, a break above this level will indicate that the downtrend from 0.9756 had completed at 0.8660 already, then further rise to 0.9600 area could be seen to follow. On the downside, as long as 0.9085 resistance holds, the downtrend could be expected to resume, and ...

GBPUSD Weekly Analysis - February 16, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 16 February 2014 07:49 UTC
GBPUSD broke above 1.6668 resistance, and reached as high as 1.6755, indicating the the uptrend from 1.4813 has resumed. Further rise could be expected in a couple of weeks, and next target would be at 1.7000 area. Support is located at the upward trend line on daily chart, only a clear break below ...

EURUSD Weekly Analysis - February 16, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 16 February 2014 07:48 UTC
EURUSD remains in uptrend from 1.2747 (Apr 4, 2013 low), the price action from 1.3832 is treated as consolidation of the uptrend, another fall to 1.3400 area to complete the consolidation is still possible. Resistance is at 1.3740, only break above this level will indicate that the uptrend from 1.27 ...

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