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Long Term Forex Market Analysis


USDCAD Weekly Analysis - September 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 September 2016 14:30 UTC
USDCAD is testing the resistance of the price channel on daily chart. A clear break above the channel resistance could bring price to 1.3600 zone. Near term support is at 1.3100, a breakdown below this level could trigger another fall to the bottom of the channel.

USDJPY Weekly Analysis - September 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 September 2016 14:30 UTC
USDJPY continued its sideways movement in a range between 98.97 and 107.48. As long as 107.48 resistance holds, the price action in the trading range could be treated as consolidation of the downtrend from 123.75 (Nov 18, 2015 high), and another fall towards 90.00 is possible after consolidation.

AUDUSD Weekly Analysis - September 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 September 2016 14:29 UTC
AUDUSD is in downtrend from 0.7755, the rise from 0.7441 is likely consolidation of the downtrend. Another fall could be expected, and next target would be at 0.6900 zone. Resistance is at 0.7755, only break above this level could bring price to 0.8000 zone.

GBPUSD Weekly Analysis - September 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 September 2016 14:29 UTC
GBPUSD is facing 1.2795 support again, a breakdown below this level will indicate that the downtrend from 1.5016 has resumed, then next target would be at 1.2000 zone. On the other side, rebound is possible before breaking below 1.2795 support, and a break above 1.3140 level could bring price back t ...

EURUSD Weekly Analysis - September 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 September 2016 14:28 UTC
EURUSD moved sideways in a narrow range between 1.1122 and 1.1366. As long as 1.1122 support holds, the sideways movement could possibly be consolidation of the uptrend from 1.0911, another rise towards 1.2000 is still possible after consolidation. On the downside, a breakdown below 1.1122 support w ...

USDCAD Weekly Analysis - September 18, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 18 September 2016 07:54 UTC
USDCAD is facing the resistance of the price channel on daily chart. A clear break above the channel resistance could bring price to 1.3600 zone. Near term support is at 1.3100, a breakdown below this level could trigger another fall to the bottom of the channel.

USDJPY Weekly Analysis - September 18, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 18 September 2016 07:53 UTC
USDJPY stayed in a trading range between 98.97 and 107.48 for several months. As long as 107.48 resistance holds, the price action in the trading range could be treated as consolidation of the downtrend from 123.75 (Nov 18, 2015 high), and another fall towards 90.00 is possible after consolidation. ...

AUDUSD Weekly Analysis - September 18, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 18 September 2016 07:52 UTC
AUDUSD broke below 0.7489 support, indicating that the upward movement from 0.7144 had completed at 0.7755 already. The pair is now in downtrend. Further decline could be expected over the next several weeks, and next target would be at 0.6900 area. Resistance is at 0.7755, only break above this lev ...

GBPUSD Weekly Analysis - September 18, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 18 September 2016 07:52 UTC
GBPUSD failed to break above 1.3480 resistance, and stayed in the trading range between 1.2795 and 1.3480. Deeper decline to test 1.2795 support would likely be seen next week, a breakdown below this level will signal resumption of the downtrend from 1.5016, then next target would be at 1.2000 zone. ...

EURUSD Weekly Analysis - September 18, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 18 September 2016 07:51 UTC
EURUSD is facing the support of the price channel on daily chart. A clear break below the channel support will indicate that the upward movement from 1.0911 had completed at 1.1366 already, then the following downward movement could bring price to 1.0600 zone. However, as long as the channel support ...

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