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Long Term Forex Market Analysis


USDCAD Weekly Analysis - February 8, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 08 February 2014 13:32 UTC
USDCAD remains in uptrend from 1.0182, the fall from 1.1224 is likely consolidation of the uptrend. Deeper decline would likely be seen, and the target would be at the upward trend line on daily chart. On the upside, as long as the trend line support holds, the uptrend could be expected to resume, a ...

USDCHF Weekly Analysis - February 8, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 08 February 2014 13:31 UTC
USDCHF 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 one more fall to 0.8500 area is still possible. Only a break above 0.9156 ...

USDJPY Weekly Analysis - February 8, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 08 February 2014 13:31 UTC
USDJPY remains in downtrend from 105.44, and the fall extended to as low as 100.75. Further decline would likely be seen in a couple of weeks, and next target would be at 98.00 area. Initial resistance is located at the upper line of the price channel on daily chart, as long as the channel resistanc ...

AUDUSD Weekly Analysis - February 8, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 08 February 2014 13:30 UTC
AUDUSD broke above the upper line of the price channel on daily chart, suggesting that the downward movement from 0.9756 had completed at 0.8660 already. Further rally would likely be seen over the next several weeks, and the target would be at 0.9600 area. Support is at 0.8660, only break below thi ...

GBPUSD Weekly Analysis - February 8, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 08 February 2014 13:30 UTC
GBPUSD is in uptrend from 1.4813, the fall from 1.6668 is treated as consolidation of uptrend. Deeper decline would likely be seen and the target would be a the lower line of the price channel on daily chart. As long as the channel support holds, the uptrend could be expected to resume, and another ...

EURUSD Weekly Analysis - February 8, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 08 February 2014 13:29 UTC
EURUSD moved sideways in a range between 1.3296 and 1.3892. As long as 1.3296 support holds, the price action from 1.3832 could be treated as consolidation of the uptrend from 1.2747 (Apr 4, 2013 low), one more rise towards 1.4500 is still possible after consolidation. Resistance is at 1.3740, a bre ...

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 ...

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