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Long Term Forex Market Analysis


GBPUSD Weekly Analysis - August 10, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 10 August 2014 07:01 UTC
GBPUSD is facing 1.6692 support, a breakdown below this level will confirm that the uptrend from 1.4813 (Jul 9, 2013 low) had completed at 1.7190 already, then next target would be at 1.6300 area. Resistance is at 1.7040, only break above this level will indicate that the downtrend from 1.7190 is co ...

EURUSD Weekly Analysis - August 10, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 10 August 2014 06:55 UTC
EURUSD remains in downtrend from 1.3993, and the fall extended to as low as 1.3332. Further decline could be expected, and next target would be at 1.3000 area. Resistance is at 1.3550, only break above this level will signal completion of the downtrend, then the following upward movement could bring ...

USDCAD Weekly Analysis - August 3, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 03 August 2014 06:23 UTC
USDCAD's upward movement from 1.0619 extended to as high as 1.0943. Further rise would likely be seen, and next target would be at 1.1100 area. Support is at 1.0800, only break below this level will indicate that the uptrend is complete, then another fall towards 1.0000 could be seen.

USDCHF Weekly Analysis - August 3, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 03 August 2014 06:22 UTC
USDCHF's upward movement from 0.8699 extended to as high as 0.9106. Further rise could be expected after a minor consolidation, and next target would be at 0.9400 area. Support is at 0.8900, only break below this level will indicate that the uptrend had completed at 0.9106 already, then the followin ...

USDJPY Weekly Analysis - August 3, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 03 August 2014 06:21 UTC
USDJPY failed to break below 100.75 key support, and stays in a trading range between 100.75 and 104.12. As long as 100.75 support holds, the price action in the range could be treated as consolidation of the uptrend from 75.57 (Oct 31, 2011 low), one more rise to 110.00 area is still possible after ...

AUDUSD Weekly Analysis - August 3, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 03 August 2014 06:21 UTC
AUDUSD continued its sideways movement in a range between 0.9202 and 0.9504. As long as 0.9202 key support holds, the uptrend from 0.8660 could be expected to resume, and next target would be at 1.0000. On the downside, a breakdown below 0.9202 support will indicate that the uptrend had completed at ...

GBPUSD Weekly Analysis - August 3, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 03 August 2014 06:20 UTC
GBPUSD broke below the lower line of the price channel on daily chart, indicating that the uptrend from 1.4813 (Jul 9, 2013 low) had completed at 1.7190 already. Further decline could be expected, and next target would be at 1.6500 area. Resistance levels are at 1.7040 and 1.7190, only break above t ...

EURUSD Weekly Analysis - August 3, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 03 August 2014 06:19 UTC
EURUSD's downward movement from 1.3993 extended to as low as 1.3366. Further decline could be expected after a minor consolidation, and next target would be at 1.3000 area. Resistance is at 1.3550, only break above this level will indicate that the downtrend had completed at 1.3366 already, then the ...

USDCAD Weekly Analysis - July 26, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 26 July 2014 11:54 UTC
USDCAD broke above the downward trend line on daily chart, indicating that the downtrend from 1.1278 had completed at 1.0619 already. Further rise could be expected, and next target would be at 1.1000 area. Support is at 1.0619, only break below this level could trigger another fall towards 1.0000. ...

USDCHF Weekly Analysis - July 26, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 26 July 2014 11:53 UTC
USDCHF broke above 0.9036 resistance, indicating that the downtrend from 0.9838 (May 22, 2013 high) had completed at 0.8699 already. The pair is now in uptrend, further rise could be expected, and next target would be at 0.9400 area. Key support is now at 0.8855, only break below this level could tr ...

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