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 February 2013 05:56 GMT
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USDCAD breaks below 0.9960 support, suggesting that a cycle top has been formed at 1.0100 on daily chart. Further decline could be expected, and next target would be at 0.9850 area.
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Forex Market Analysis |
Written by ForexCycle.com |
Sunday, 03 February 2013 05:55 GMT
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USDCHF breaks below 0.9083 previous low support, suggesting that the downtrend from 0.9971 has resumed. Further decline is still possible after a minor consolidation, and next target would be at 0.8800 area.
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Forex Market Analysis |
Written by ForexCycle.com |
Sunday, 03 February 2013 05:54 GMT
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USDJPY stays above a upward trend line of daily chart, and remains in uptrend from 77.14, and the rise extends to as high as 92.95. Further rise is still possible after a minor consolidation, and next target would be at 94.00-95.00 area.
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Forex Market Analysis |
Written by ForexCycle.com |
Sunday, 03 February 2013 05:54 GMT
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AUDUSD breaks below the support of the upward trend line on daily chart, suggesting that the uptrend from 1.0149 had completed at 1.0597 already. Further decline would likely be seen over the next several days, and next target would be at 1.0200... |
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Forex Market Analysis |
Written by ForexCycle.com |
Sunday, 03 February 2013 05:53 GMT
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GBPUSD remains in downtrend from 1.6339, and the fall extends to as low as 1.5674. Further decline is still possible, and next target would be at 1.5500 area.
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Forex Market Analysis |
Written by ForexCycle.com |
Sunday, 03 February 2013 05:51 GMT
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EURUSD continues its upward movement from 1.2661, and the rise extends to as high as 1.3711. Further rise could be expected after a minor consolidation, and next target would be at 1.3800-1.3900 area.
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 26 January 2013 10:15 GMT
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USDCAD breaks above 1.0055 resistance and reaches as high as 1.0100, suggesting that the uptrend from 0.9632 has resumed. Further rise is still possible next week, and the target would be at the upper line of the price channel on daily chart.
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 26 January 2013 10:14 GMT
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Being contained by the resistance of the upper line of the price channel on daily chart, USDCHF pulls back from 0.9388, suggesting that that a cycle top is being formed.
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 26 January 2013 10:13 GMT
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USDJPY continues its upward movement from 77.14, and the rise extends to as high as 91.19. As long as the trend line support holds, the uptrend could be expected to continue and next target would be at 92.50 area.
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Forex Market Analysis |
Written by ForexCycle.com |
Saturday, 26 January 2013 10:13 GMT
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AUDUSD is facing the support of the upward trend line on daily chart, a clear break below the trend line support will indicate that the uptrend from 1.0149 had completed at 1.0597 already, then the following downward movement could bring price back... |
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Page 10 of 201 |
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