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Long Term Forex Market Analysis


USDCAD Weekly Analysis - December 29, 2013

Long Term Forex Analysis | by ForexCycle.com | Sunday, 29 December 2013 02:10 UTC
USDCAD stays within a upward price channel on daily chart, and remains in uptrend from 1.0182, the price action in the trading range between 1.0561 and 1.0737 could be treated as consolidation of the uptrend. Key support is at 1.0561, as long as this level holds, the uptrend could be expected to res ...

USDCHF Weekly Analysis - December 29, 2013

Long Term Forex Analysis | by ForexCycle.com | Sunday, 29 December 2013 02:09 UTC
USDCHF's downward movement from 0.9249 extended to as low as 0.8799. Further decline could be expected, and next target would be at 0.8500 area. Key resistance is located at the upper line of the price channel on daily chart, only a clear break above the channel resistance could indicate that length ...

USDJPY Weekly Analysis - December 29, 2013

Long Term Forex Analysis | by ForexCycle.com | Sunday, 29 December 2013 02:09 UTC
USDJPY's upward movement from 96.57 extended to as high as 105.18. Support is located at the lower line of the price channel on daily chart, as long as the channel support holds, the uptrend could be expected to continue, and next target would be at 107.00 area. On the downside, a clear break below ...

AUDUSD Weekly Analysis - December 29, 2013

Long Term Forex Analysis | by ForexCycle.com | Sunday, 29 December 2013 02:08 UTC
AUDUSD stays below a downward trend line of daily chart and remains in downtrend from 0.9756. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.8500 area. On the upside, a clear break above the trend line resistance will indicate t ...

GBPUSD Weekly Analysis - December 29, 2013

Long Term Forex Analysis | by ForexCycle.com | Sunday, 29 December 2013 02:07 UTC
GBPUSD continues its upward movement from 1.5854 and the rise extended to as high as 1.6577. Support is now at 1.6330, as long as this level holds, further rise could be expected, and next target would be at 1.7000 area. On the downside, a breakdown below 1.6330 support will indicate that the upward ...

EURUSD Weekly Analysis - December 29, 2013

Long Term Forex Analysis | by ForexCycle.com | Sunday, 29 December 2013 02:06 UTC
EURUSD broke above 1.3832 resistance and reached as high as 1.3892, suggesting that the uptrend from 1.2756 has resumed. Further rise could be expected, and next target would be at 1.4000 area. Support is now at 1.3625, only break below this level could trigger another fall towards the lower line of ...

AUDUSD Weekly Analysis - December 22, 2013

Long Term Forex Analysis | by ForexCycle.com | Sunday, 22 December 2013 07:38 UTC
AUDUSD broke below 0.8847 previous low support, suggesting that the downtrend from 1.0582 (Apr 11 high) has resumed. Further decline could be expected, and next target would be at 0.8500 area. Initial resistance is located at the downward trend line on daily chart, as long as the trend line resistan ...

GBPUSD Weekly Analysis - December 22, 2013

Long Term Forex Analysis | by ForexCycle.com | Sunday, 22 December 2013 07:38 UTC
GBPUSD's upward movement from 1.5854 extended to as high as 1.6481. Initial support is at 1.6220, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.7000 area. On the downside, a breakdown below 1.6220 support will indicate that lengthier consolidat ...

EURUSD Weekly Analysis - December 22, 2013

Long Term Forex Analysis | by ForexCycle.com | Sunday, 22 December 2013 07:37 UTC
EURUSD failed to break above 1.3832 resistance, suggesting that lengthier consolidation of the uptrend from 1.2756 is underway. Range trading between 1.3296 and 1.3832 would likely be seen in a couple of weeks. Initial support is at the lower line of the price channel on daily chart, and the key sup ...

USDCAD Weekly Analysis - December 22, 2013

Long Term Forex Analysis | by ForexCycle.com | Sunday, 22 December 2013 07:35 UTC
USDCAD remains in uptrend from 1.0182 and the rise extended to as high as 1.0737. Initial support is located at the lower line of the upward price channel on daily chart, as long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.0900 area. Key sup ...

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