http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-11-07.htmlAfter touching the lower border of the rising price channel on daily chart, EURUSD rebounded from 1.4626 level. The rise from 1.4626 is more likely resumption of uptrend from 1.3748, another rise towards 1.5200 is now in favor. Key support level is located at 1.4626, fall below this level will indicate that the uptrend from 1.3748 has completed at 1.5062 already, then the following downtrend could take price back to 1.4000 area. For long term analysis, EURUSD remains in long term bullishSat, 07 Nov 2009 05:12:04 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-11-07.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-10-31.htmlBeing contained by the upper border of the rising price channel on daily chart, EURUSD pulled back from 1.5062, suggesting that a cycle top is being formed. Further fall towards the bottom of the price channel is expected next week, a clear break below this channel support will indicate that the uptrend from1.3748 has completed at 1.5062 level already, then deeper decline is expected to test 1.4484 key support. However, as long as the channel support holds, another rise towards 1.5200 area isSat, 31 Oct 2009 15:13:49 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-10-31.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-10-25.htmlGBPUSD broke above the falling trend line from 1.7042 to 1.6741 and is under pressure by 1.6741 resistance. Now the pair might be forming a cycle top at 1.6692 level on daily chart. Pullback to retest 1.5708 support would more likely be seen in next several days. However, a break above 1.6741 key resistance will indicate that the downward trend from 1.7042 has completed at 1.5708 level, then further rebound towards 1.0742 previous high could be seen to follow. For long term analysis, GBPUSDSun, 25 Oct 2009 01:09:44 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-10-25.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-10-17.htmlEURUSD broke above 1.4843 previous high and reached as high as 1.4966 level, suggesting that the uptrend from 1.3748 (June 16 low) has resumed. Another rise towards 1.5100-1.5200 area is expected in a couple of weeks. Support level is now at 1.4650 and key support is located at the lower border of the rising price channel on daily chart, as long as the channel support holds, we'd expected uptrend to continue. However, the pair is presently facing resistance of the upper border of the priceSat, 17 Oct 2009 04:10:21 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-10-17.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-10-10.htmlUSDJPY's downtrend from 97.78 extended further to as low as 88.01 level. Resistance remains at the falling trend line from 97.78 to 92.53. As long as the trend line resistance holds, we'd expect downtrend to continue and deeper decline towards 87.12 (Jan 21 low) long term critical support is possible. However, a clear break above the falling trend line will suggest that a cycle bottom has been formed at 88.01 level on daily chart, then the following rebound could take price to test 92.53 keySat, 10 Oct 2009 04:45:41 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-10-10.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-10-03.htmlAUDUSD remains in uptrend from 0.7703 and the fall from 0.8858 is more likely consolidation of uptrend. Near term support is at 0.8543, followed by the lower border of the rising price channel on daily chart now at 0.8450. Range trading between 0.8450 and 0.8858 could be seen in a couple of weeks. As long as the channel support holds, we'd expect uptrend to resume and further rise to 0.9000 is still possible. For long term analysis, AUDUSD is in long term bullish movement. Further rise towardsSat, 03 Oct 2009 08:16:10 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-10-03.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-09-26.htmlGBPUSD broke below 1.6113 key support, suggesting that the uptrend from 1.3503 has completed at 1.7042 already. Deeper decline is now in favor and next target would be at 1.5300 zone. Near term resistance is now at the falling trend line from 1.7042 to 1.6741, as long as the trend line resistance holds, we'd expect downtrend to continue. For long term analysis, GBPUSD broke below 1.6113 key support, suggesting that a cycle top has been formed at 1.6042 level on weekly chart. Further fall toSat, 26 Sep 2009 03:58:33 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-09-26.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-09-19.htmlUSDJPY remains in downtrend from 97.78 and the fall extended further to as low as 90.12 level. Consolidation in a range between 90.12 and 93.29 would more likely be seen next week. As long as 93.29 resistance holds, we'd expect downtrend to continue and deeper decline to 88.00-90.00 area is possible. However, a break above 93.29 key resistance will indicate that a cycle bottom has been formed at 90.12 level on daily chart and downtrend from 94.78 has completed. For long term analysis, USDJPYSat, 19 Sep 2009 03:12:45 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-09-19.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-09-12.htmlEURUSD broke above 1.4447 resistance and the uptrend from 1.3748 extended to the upper border of the rising price channel on daily chart. A clear break above the channel resistance will signal a great move towards 1.5100-1.5200 area. On the other side, uptrend may be limited by the channel resistance, and a break below 1.4447 level will take price back towards the lower border of the price channel. For long term analysis, EURUSD remains in long term uptrend from 1.2456, further rise is possibleSat, 12 Sep 2009 03:58:16 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-09-12.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-09-05.htmlGBPUSD's downtrend from 1.7042 extended further to as low as 1.6113 level. Deeper decline is still possible next week and target is to test 1.5801 key support, below this level will indicate that the uptrend from 1.3503 has completed at 1.7042 already. Key resistance is located at 1.6663, only break above this level will suggest that the uptrend from 1.3503 has resumed, then further rally could be seen to 1.7500 zone. For long term analysis, GBPUSD might be forming a cycle top at 1.7042 levelSat, 05 Sep 2009 03:12:56 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-09-05.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-08-30.htmlGBPUSD remains in downtrend from 1.7042 and the fall extends to as low as 1.6153. Deeper decline to test 1.5801 key support is expected in next several days, a break below this level will indicate that the uptrend from 1.3503 has completed. Key resistance is locate at 1.6663, only break above this level will suggest that the fall from 1.7042 has completed and uptrend from1.3503 has resumed, then further rally could be seen to 1.7500 zone. For long term analysis, GBPUSD might be forming a cycleSun, 30 Aug 2009 02:43:57 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-08-30.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-08-22.htmlUSDCAD formed a cycle bottom at 1.0632 level on daily chart and is now in uptrend. The fall from 1.1124 is treated as consolidation of uptrend. As long as 1.0632 support holds, we'd expect uptrend to resume and one more rise to 1.1400-1.1500 area is still possible. However, below 1.0632 will suggest that the downtrend from 1.1723 has resumed, then deeper decline could be seen to 1.0200 zone. For long term analysis, USDCAD breaks below 1.0784, suggesting the long term downtrend from 1.3063 hasSat, 22 Aug 2009 04:01:54 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-08-22.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-08-15.htmlEURUSD is forming a cycle top at 1.4447 level on daily chart. Key support is now located at 1.4086, a break down below this level will confirm the cycle top. Then deeper decline could be seen to 1.3800-1.3850 area. However the price action from 1.4338 is more likely consolidation of uptrend from 1.2456, as long as 1.3748 support holds, further rise towards 1.4700 zone is possible after consolidation. For long term analysis, EURUSD remains in long term uptrend from 1.2456, further rise to 1.5000Sat, 15 Aug 2009 02:52:23 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-08-15.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-08-08.htmlBeing contained by the upper border of price channel on daily chart, EURUSD pulls back from 1.4447 level. Now the rise from 1.3748 is more likely a part of consolidation started from 1.4338. Further fall is in favor next week and a break down below 1.4007 level will confirm that the uptrend from 1.3748 has completed at 1.4447 level already, then deeper decline could be seen to test 1.3748 previous low support. Near term resistance is at 1.4447, only rise above this level will signal furtherSat, 08 Aug 2009 03:06:54 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-08-08.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-08-01.htmlAUDUSD remains in uptrend from 0.6248, and the rise extends to as high as 0.8365 level. Further rally to 0.8500 zone to reach the next cycle top is still possible next week. Near term support is at 0.8100, as long as this level holds, the uptrend from 0.7703 will continue, however, below this level will suggest that a cycle top has been formed on daily chart, then pullback to 0.7800 -0.7900 area could be seen to follow. For long term analysis, AUDUSD has formed a cycle bottom at 0.6008 (2008Sat, 01 Aug 2009 06:46:14 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-08-01.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-07-25.htmlBeing contained by the support of the lower border of the price channel on daily chart, USDJPY rebounds from 91.73 level, and the rise from 91.73 extends to as high as 95.29 level, suggesting that a cycle bottom has been formed at 91.73 level on daily chart. Further rally is expected next week and target would be at the upper border of the falling price channel. However, the rise from 91.73 is treated as consolidation of downtrend from 101.43, pullback would more likely be seen before breakingSat, 25 Jul 2009 01:50:48 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-07-25.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-07-19.htmlGBPUSD stays in a trading range between 1.5801 and 1.6743. As long as 1.5801 support holds, the price action from 1.6662 is treated as consolidation of uptrend from 1.3654, and further rally is possible to 1.7000-1.7500 area after consolidation. Key support is at 1.5801, a break down below this level will indicate that the uptrend from 1.3654 has completed at 1.6743 level already, then deeper decline could be seen to 1.5500 zone. For long term analysis, GBPUSD is in correction of the long termSun, 19 Jul 2009 12:53:20 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-07-19.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-07-11.htmlGBPUSD is in range trading between 1.5801 and 1.6743. Moving sideways in this range is expected next week. As long as 1.5801 support holds, the price action in the trading range is treated as consolidation of uptrend from 1.3654, and further rally is possible to 1.7000-1.7500 area after consolidation, however, a break above 1.6743 is needed to confirm the resumption of uptrend. Key support is at 1.5801, below this level will indicate that the uptrend from 1.3654 has completed at 1.6743 levelSat, 11 Jul 2009 08:10:04 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-07-11.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-07-05.htmlAfter breaking above 1.6662 resistance, GBPUSD pulls back from 1.6743 level. Deeper decline is possible to test 1.5801 key support, a break down below this level will indicate that the uptrend from 1.3654 has completed at 1.6743 level already, then the next target would be at 1.5500 zone. On the other side, if 1.6743 resistance gives way, further rise could be seen to 1.7000-1.7500 area. For long term analysis, GBPUSD is in correction of the long term downtrend from 2.1161 (2007 high). ReboundSun, 05 Jul 2009 07:47:11 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-07-05.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-06-27.htmlBeing contained by the support of the rising trend line on daily chart, AUDUSD rebounds from 0.7789 level. Range trading between 0.7789 and 0.8263 is expected next week. However, the price action in the trading range is more likely consolidation of uptrend from 0.6284. One more rise towards 0.8500 is still possible after consolidation and a break above 0.8263 will signal the resumption of uptrend. Near term support is at the rising trend line on daily chart, as long as the trend line supportSat, 27 Jun 2009 12:44:41 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-06-27.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-06-20.htmlUSDCAD is moving to the next cycle top on daily chart. Further rebound to 1.1500 is still possible next week. However, the next cycle top is nearing, and the pair could be topping at 1.1448 level. Key support is now located at 1.1100, a break down below this level will confirm the cycle top, then the following downtrend will take price to 1.0000 zone. For long term analysis, USDCAD has formed a cycle top at 1.3063 level on weekly and monthly chart. The pair is now in long term bearish movement.Sat, 20 Jun 2009 04:25:48 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-06-20.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-06-10.htmlBeing contained by 1.3793 support, EURUSD rebounds from 1.3804, suggesting that a cycle bottom is being formed on daily chart. However, a break of 1.4338 key resistance is needed to confirm the cycle bottom. For long term analysis, EURUSD stays in a trading range between 1.2329 (Oct 28, 2008 low) and 1.4719 (Dec 18, 2008 high). Rebound towards 1.4400-1.4700 area is expected.Wed, 10 Jun 2009 02:51:30 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-06-10.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-06-06.htmlAUDUSD stays above the rising trend line on daily chart and remains in uptrend from 0.6284. The pullback from 0.8263 is more likely consolidation of uptrend. Further fall to test the support of the rising trend line is possible next week, as long as the trend line support holds, we'd expect the uptrend to resume, and one more rise towards 0.8500 is still possible. However, below the trend line support will indicate that the uptrend from 0.6284 has completed at 0.8263 level already. For longSat, 06 Jun 2009 13:03:03 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-06-06.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-05-30.htmlAUDUSD remains in bullish movement and the uptrend from 0.6284 extends to as high as 0.8014 level. Further rally is still possible next week and target would be at 0.8200-0.8300 area. Near term support is at 0.7700, and key support is located at 0.7449, only fall below this level will indicate that the uptrend from 0.6284 has completed. For long term analysis, AUDUSD has formed a cycle bottom at 0.6008 (2008 low) level on monthly chart. Further rise to 0.8300-0.8500 area is expected.Sat, 30 May 2009 05:48:38 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-05-30.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-05-23.htmlUSDJPY's downtrend from 101.43 extends further to as low as 93.85 level. Deeper decline to test 93.53 long term key support is expected next week. A break down below this level will indicate that a cycle top has been formed at 101.43 level on weekly chart and the rise from 87.12 (Jan 21 low) has completed, and then further fall could be seen to 90.50-91.00 area. Near term resistance is now at 96.69, only break above this level will take price back to 98.00-99.00 zone. For long term analysis,Sat, 23 May 2009 04:56:27 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-05-23.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-05-16.htmlBeing contained by 1.3738 previous high resistance, EURUSD pulls back from 1.3721, suggesting that a short term cycle top is being formed. Consolidation below 1.3738 level is expected in a couple of week and the pullback could be seen to 1.3200-1.3300 area. Key resistance is at 1.3738, above this level will indicate that the uptrend from 1.2884 has resumed and then further rally could be seen to 1.4150-1.4200 area. For long term analysis, EURUSD stays in a trading range between 1.2329 (Oct 28,Sat, 16 May 2009 04:01:56 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-05-16.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-05-09.htmlEURUSD broke above 1.3392 key resistance, suggesting that a cycle bottom had been formed at 1.2884 level on daily chart and the rise from 1.2884 is possibly be resumption of the uptrend from 1.2456. Further rise is expected to test 1.3738 previous high resistance next week, a break above this level will signal further rally to 1.4150-1.4200 area. Near term support is now at the rising trend line on daily chart, now at 1.3350, as long as the trend line support holds, the uptrend from 1.2884 willSat, 09 May 2009 05:24:50 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-05-09.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-05-02.htmlEURUSD is testing 1.3392 key resistance, a break above this level will indicate that a cycle bottom has been formed at 1.2884 level on daily chart, and then further rally could be seen to 1.3500-1.3600 area. If 1.3392 resistance holds, the following downtrend could take price back to 1.2500-1.2600 zone. For long term analysis, EURUSD might be forming a cycle top at 1.3738 level on weekly chart. Key support is now at 1.2884 level, a break below this level will confirm the cycle top.Sat, 02 May 2009 03:06:02 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-05-02.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-04-25.htmlEURUSD rebounds from 1.2884, suggesting that a cycle is being formed on daily chart. Further rise is expected to test 1.3392 key resistance next week. A break above this level will confirm the cycle bottom and indicate that the fall from 1.3738 has completed, and then the following uptrend will take price to 1.4100-1.4200 area. For long term analysis, EURUSD is forming a sideways consolidation in a range between 1.2329 (Oct 28, 2008 low) and 1.4719 (Dec 18, 2008 high), moving without trend inSat, 25 Apr 2009 04:13:06 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-04-25.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-04-18.htmlEURUSD breaks below 1.3089 support and the fall from 1.3738 extends further to as low as 1.3017 level. Deeper decline is expected to 1.2750 or even lower. As the next cycle bottom is nearing, rebound would more likely be seen before breading below 1.2456 level. Key resistance is now at 1.3392, above this level will indicate that the fall from 1.3738 has completed. For long term analysis, EURUSD is forming a sideways consolidation in a range between 1.2329 (Oct 28, 2008 low) and 1.4719 (Dec 18,Sat, 18 Apr 2009 02:45:38 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-04-18.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-04-11.htmlUSDJPY remains in uptrend from 93.53. Further rally could be seen to 105.00 zone in a couple of weeks. Near term support is at 98.50, as long as this level holds, the uptrend from 93.53 will continue. Medium term support is at the rising trend line from 87.12 to 93.53 now at 96.15, below the trend line support will indicate that the rise from 87.12 has completed. For long term analysis, USDJPY formed a cycle bottom at 87.12 on weekly chart. Further rise to 105.00 zone to reach the next cycleSat, 11 Apr 2009 06:54:46 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-04-11.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-04-04.htmlUSDCHF remains in downtrend from 1.1963, the rise from 1.1159 is more likely consolidation of the downtrend. The pullback from 1.1548 could possibly be resumption of the downtrend. Deeper decline is expected to test 1.1159 support, a break down below this level will signal further fall towards 1.0800 zone. Initial resistance is now at 1.1548, only rise above this level will indicate lengthier corrective movement is underway and delay the resumption of downtrend. For long term analysis, USDCHFSat, 04 Apr 2009 15:55:35 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-04-04.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-03-28.htmlAUDUSD might be forming a cycle top at 0.7092 on daily chart. Key support is located at 0.6780, a clear break below this level will confirm the cycle top and then deeper decline could be seen to 0.6500 zone. Near term resistance is at 0.7092, only rise above this level will signal further rally to test 0.7267 previous high resistance. For long term analysis, AUDUSD has formed a cycle top at 0.7267 level on weekly chart. Consolidation in a range between 0.6008 and 0.7500 is expected in nextSat, 28 Mar 2009 02:57:23 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-03-28.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-03-21.htmlGBPUSD formed a cycle bottom at 1.3654 level on daily chart. Further rise to test 1.4985 resistance is now in favor, a break of this level will indicate that the fall from 2.0158 (July 15, 2008 high) has completed and then further rally is expected to 1.5500 zone. Key support is now at 1.3654, only fall below this level will signal deeper decline to 1.3000 area. For long term analysis, GBPUSD might be forming a cycle bottom at 1.3503 level on weekly chart. Key resistance is now at 1.4985, aSat, 21 Mar 2009 16:06:54 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-03-21.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-03-14.htmlEURUSD broke above the resistance of the falling wedge pattern, suggesting that a cycle bottom is being formed at 1.2456 on daily chart, key resistance is located at 1.2991, a break above this level will confirm the cycle bottom and indicate that the fall from 1.4719 has completed, and then further rally could then be seen to 1.3150-1.3200 area. For long term analysis, EURUSD is in range trading between 1.2329 and 1.4719. rebound to 1.4000 zone to reach the next cycle top on weekly chart wouldSat, 14 Mar 2009 03:36:26 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-03-14.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-03-07.htmlGBPUSD breaks below 1.4051 support. Deeper decline could be seen next week and target would be at 1.3700-50 area. Key resistance is now locate at 1.4661, only above this level will indicate that a cycle bottom has been formed on daily chart and the following uptrend will take price back to 1.5500 zone. For long term analysis, GBPUSD might be forming a cycle bottom at 1.3503 level on weekly chart. Key resistance is now at 1.4985, a break above this level will confirm the cycle bottom.Sat, 07 Mar 2009 04:13:11 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-03-07.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-02-28.htmlUSDCAD breaks out of the triangle pattern on daily chart and is testing the 1.2765 resistance. A break above this level will signal further rally to test 1.3015 long term key resistance. Above this level will indicate that the long term uptrend from 0.9056 (Nov 7, 2007 low) has resumed and the next target is expected to 1.3500 zone. For long term analysis, USDCAD remains in bullish movement, and the price action from 1.3015 is treated as consolidation of long term up trend. Further rise towardsSat, 28 Feb 2009 03:48:04 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-02-28.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-02-21.htmlEURUSD remains in medium term downtrend from 1.4719. The rebound from 1.2512 is treated as consolidation of the downtrend. Key resistance is now located at 1.3093, as long as this level holds, we'd expect downtrend to resume and deeper decline could be seen to test 1.2329 (Oct 28, 2008 low) support. However, above 1.3093 key resistance will indicate that a cycle bottom has been formed at 1.2512 on daily chart and the fall from 1.4719 has completed. For long term analysis, EURUSD formed a cycleSat, 21 Feb 2009 03:19:43 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-02-21.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-02-14.htmlUSDCHF remains in medium term uptrend, and the rise from 1.0366 extends to 1.1779 level. Near term support is now located at 1.1399, as long as this level holds, we'd expect the medium term uptrend to continue. However, below 1.1399 level will indicate that the rise from 1.0366 has completed and the following downtrend will take price back to 1.1000 zone. For long term analysis, USDCHF has formed a cycle bottom 1.0366 level on weekly chart. Consolidation in a range between 1.0366 and 1.2296 isSat, 14 Feb 2009 04:04:14 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-02-14.htmlhttp://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-02-07.htmlUSDCAD formed a sideways consolidation in a range between 1.1464 and 1.3015 for several months. The price action from 1.3015 is more likely a triangle pattern. Consolidation in a range between 1.1761 and 1.2765 is now in favor in a couple of weeks. Long term key resistance is located at 1.3015, a break above this level will signal the resumption of the long term uptrend from 0.9056 (Nov 7, 2007 low). For long term analysis, USDCAD remains in bullish movement, and the price action from 1.3015 isSat, 07 Feb 2009 04:07:00 GMThttp://www.fxstreet.com/technical/analysis-reports/info@forexcycle.com (ForexCycle.com)http://www.fxstreet.com/technical/analysis-reports/long-term-forex-analysis/2009-02-07.html