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Long Term Forex Market Analysis


USDCAD Weekly Analysis - June 26, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 26 June 2016 07:49 UTC
USDCAD moved sideways in a range between 1.2460 and 1.3188 for several weeks. Another rise to 1.3600 area would likely be seen after the sideways movement, and a break of 1.3188 resistance could signal resumption of the uptrend from 1.2460.

USDJPY Weekly Analysis - June 26, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 26 June 2016 07:49 UTC
USDJPY's downward movement from 123.75 extended to as low as 98.97. Further decline could be expected after a minor consolidation, and next target would be at 95.00 area. Resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend will continue. ...

AUDUSD Weekly Analysis - June 26, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 26 June 2016 07:47 UTC
No changed in our view, AUDUSD remains in downtrend from 0.7834, the bounce from 0.7144 could be treated as correction of the downtrend. Further decline could be expected after correction, and next target would be at 0.6900 area.

GBPUSD Weekly Analysis - June 26, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 26 June 2016 07:46 UTC
GBPUSD broke below 1.3835 previous low support, indicating that the long term downtrend from 1.7190 (Jul 15, 2014 high) has resumed. Further decline could be expected after a minor consolidation, and next target would be at 1.2000 area.

EURUSD Weekly Analysis - June 26, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 26 June 2016 07:45 UTC
EURUSD broke below the support of the price channel on daily chart, indicating that the upward movement from 1.0517 had completed at 1.1616 already. Further decline could be expected over the next several weeks, and next target would be at 1.0600 area.

USDCAD Weekly Analysis - June 19, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 19 June 2016 14:42 UTC
No changed in our view, USDCAD remains in uptrend from 1.2460, the fall from 1.3188 could be treated as correction of the uptrend. Another rise could be expected after correction, and next target would be at 1.3600 area. Key support is at 1.2460, only break below this level could trigger another fal ...

USDJPY Weekly Analysis - June 19, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 19 June 2016 14:42 UTC
After consolidation, USDJPY broke below 105.54 previous low support, and continued its downward movement from 123.75. Further decline could be expected over the next several weeks, and next target would be at 100.00 area. Key resistance is at 111.88, only break above this level could signal completi ...

AUDUSD Weekly Analysis - June 19, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 19 June 2016 14:41 UTC
AUDUSD remains in downtrend from 0.7834, the price action from 0.7144 could be treated as consolidation of the downtrend. Range trading between 0.7144 and 0.7550 could be expected over the next several weeks. As long as 0.7550 resistance holds, the downtrend could be expected to resume, and further ...

GBPUSD Weekly Analysis - June 19, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 19 June 2016 14:41 UTC
GBPUSD's downward movement from 1.4769 extended to as low as 1.4012. Further decline to test 1.3835 support could be expected over the next several weeks. Resistance is at 1.4500, as long as this level holds, the downtrend will continue.

EURUSD Weekly Analysis - June 19, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 19 June 2016 14:40 UTC
EURUSD is testing the support of the price channel on daily chart. As long as the channel support holds, the fall from 1.1616 could be treated as consolidation of the uptrend from 1.0517, one more rise to 1.2000 area to complete the upward movement is possible over the next several weeks. Key suppor ...

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