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Long Term Forex Market Analysis


USDCAD Weekly Analysis - February 2, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 February 2014 05:03 UTC
USDCAD continued its upward movement from 1.0182 and the rise extended to as high as 1.1224. Further rise could be expected after a minor consolidation, and next target would be at 1.1500 area. Initial support is at 1.1000, and the key support is located at the upward trend line on daily chart, only ...

USDCHF Weekly Analysis - February 2, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 February 2014 05:02 UTC
USDCHF stays within a downward price channel on daily chart, and remains in downtrend from 0.9751, the price action from 0.8890 could be treated as consolidation of the downtrend. Key resistance is at 0.9156, as long as this level holds, the downtrend could be expected to resume, and another fall to ...

USDJPY Weekly Analysis - February 2, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 February 2014 05:02 UTC
USDJPY's upward movement from 96.57 had completed at 105.44 already, the pair is now in downtrend. Further decline could be expected and next target would be at 98.00 area. Resistance levels are at 103.60 and 105.44, only break above these levels could trigger another rise towards 110.00.

AUDUSD Weekly Analysis - February 2, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 February 2014 05:01 UTC
AUDUSD remains in downtrend from 0.9756, the rise from 0.8660 could be treated as consolidation of the downtrend. Key resistance is at the upper line of the price channel on daily chart. As long as the channel resistance holds, the downtrend could be expected to resume, and next target would be at 0 ...

GBPUSD Weekly Analysis - February 2, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 February 2014 05:01 UTC
GBPUSD stays within a upward price channel on daily chart, and remains in uptrend from 1.5854, the fall from 1.6668 could be treated as consolidation of the uptrend. As long as the channel support holds, the uptrend could be expected to resume, and next target would be at 1.7000 area. On the downsid ...

EURUSD Weekly Analysis - February 2, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 February 2014 05:00 UTC
EURUSD's fall from 1.3892 extended to as low as 1.3479. Deeper decline is still possible, and the target would be at the lower line of the price channel on daily chart. However, as long as the channel support holds, the price action from 1.3832 would possibly be consolidation of the uptrend from 1.2 ...

USDCAD Weekly Analysis - January 25, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 25 January 2014 05:58 UTC
USDCAD's upward movement from 1.0182 extended to as high as 1.1173. Further rise could be expected after a minor consolidation, and next target would be at 1.1500 area. Initial support is at 1.1000, and the key support is located at the upward trend line on daily chart, only a clear break below the ...

USDCHF Weekly Analysis - January 25, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 25 January 2014 05:57 UTC
Being contained by the upper line of the price channel on daily chart, USDCHF dropped down from 0.9156. The fall would possibly be resumption of the downtrend from 0.9751. Further decline to test 0.8799 previous low support would likely be seen next week, a breakdown below this level will confirm th ...

USDJPY Weekly Analysis - January 25, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 25 January 2014 05:57 UTC
USDJPY broke below 102.85 support, suggesting that the uptrend from 96.57 had completed at 105.44 already. Further decline would likely be seen over the next several weeks, and the target would be at 95.00 area. Key resistance is now at 105.44, only break above this level could trigger another rise ...

AUDUSD Weekly Analysis - January 25, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 25 January 2014 05:56 UTC
AUDUSD's downward movement from 0.9756 extended to as low as 0.8660. Resistance is located at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.8500 area. Only a clear break above the trend l ...

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