Long Term Forex Market Analysis
Providing long term forex market analysis and trading signals. Timing the forex market.
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Forex Market Analysis |
Written by ForexCycle.com |
Sunday, 03 March 2013 08:45 GMT
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GBPUSD continues its downward movement from 1.6339, and the fall extends to as low as 1.4986. Further decline is still possible after a minor consolidation, and next target would be at 1.4800 area.
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Forex Market Analysis |
Written by ForexCycle.com |
Sunday, 03 March 2013 08:43 GMT
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EURUSD's downward movement from 1.3711 extends to as low as 1.2966. Further decline is still possible and next target would be at 1.2800 area. Resistance is at 1.3200, only break above this level will indicate that a cycle bottom has been formed on... |
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 23 February 2013 09:45 GMT
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USDCAD broke above 1.0100 resistance and reaches as high as 1.0256, suggesting that the uptrend from 0.9815 has resumed. Further rise could be expected after a minor consolidation, and next target would be at 1.0400 area. Support is at 1.0150, as... |
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 23 February 2013 09:44 GMT
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USDCHF is facing the resistance of the downward trend line on daily chart, a clear break above the trend line resistance will suggest that the downtrend from 0.9971 had completed at 0.9021 already, then further rise to 0.9700 area could be seen.
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 23 February 2013 09:43 GMT
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USDJPY stays above a upward trend line on daily chart, and remains in uptrend from 77.14, the fall from 94.43 is likely consolidation of the uptrend. Support is at the trend line, as long as the trend line support holds, the uptrend could be... |
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 23 February 2013 09:43 GMT
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AUDUSD's fall from 1.0597 extends to as low as 1.0220. Key resistance is at 1.0400, as long as this level holds, another fall is possible next week, and next target would be at 1.0000.
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 23 February 2013 09:42 GMT
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GBPUSD's downward movement from 1.6339 extends to as low as 1.5131. Further decline is still possible next week, and next target would be at 1.5000 area. Key resistance is at the downward trend line on daily chart, only a clear break above the trend... |
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 23 February 2013 09:41 GMT
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EURUSD breaks below the upward trend line on daily chart, suggesting that lengthier consolidation of the uptrend from 1.2042 is underway. Further decline is still possible next week, and the target would be at 1.3000-1.3050 area.
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 16 February 2013 12:09 GMT
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USDCAD stays in a trading range between 0.9932 and 1.0100. As long as 1.0100 resistance holds, another fall could be expected, and a breakdown below 0.9932 support will conform that the upward movement from 0.9632 has completed at 1.0100 already... |
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 16 February 2013 12:08 GMT
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USDCHF remains in downtrend from 0.9971, the rise from 0.9021 is likely consolidation of the downtrend. Further rally could be expected next week, and the target would be at the downward trend line on daily chart.
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