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Long Term Forex Market Analysis


USDCAD Weekly Analysis - February 7, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 February 2016 05:48 UTC
USDCAD remains in long term uptrend from 0.9406 (Jul 26, 2011 low), the fall from 1.4689 could be treated as consolidation of the uptrend. Range trading between 1.3400 and 1.4689 would likely be seen over the next several weeks.

USDJPY Weekly Analysis - February 7, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 February 2016 05:48 UTC
USDJPY is facing 115.97 support, a breakdown below this level will indicate that the long term uptrend from 75.57 (Oct 31, 2011 low) had completed at 125.85 (Jun 5, 2015 high) already, then next target would be at 100.00 area. On the upside, as long as 115.97 support holds, the price action from 125 ...

AUDUSD Weekly Analysis - February 7, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 February 2016 05:47 UTC
AUDUSD's bounce from 0.6826 extended to as high as 0.7242. Further rise to test 0.7439 resistance is possible next week. However, as long as 0.7439 resistance holds, the price action from 0.6907 could be treated as consolidation of the long term downtrend from 0.9504 (Jul 1, 2014 high), another fall ...

GBPUSD Weekly Analysis - February 7, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 February 2016 05:47 UTC
GBPUSD's bounce from 1.4080 extended to as high as 1.4591. As long as 1.4600 resistance holds, the bounce could be treated as consolidation of the downtrend from 1.5929 (Jun 18, 2015 high), another fall towards 1.3700 could be expected after consolidation.

EURUSD Weekly Analysis - February 7, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 February 2016 05:45 UTC
After consolidation, EURUSD continued its upward movement from 1.0517, and the rise extended to as high as 1.1248. Further rise could be expected, and next target would be at 1.2000 area. Support is at 1.0700, only break below this level could signal completion of the uptrend.

USDCAD Weekly Analysis - January 30, 2016

Long Term Forex Analysis | by ForexCycle.com | Saturday, 30 January 2016 12:47 UTC
USDCAD's fall from 1.4689 extended to as low as 1.3947. Further decline to test 1.3800 support is possible next week. As long as this level holds, the fall could be treated as consolidation of the uptrend from 1.1919 (May 14, 2015 low), another rise towards 1.5000 is still possible after consolidati ...

USDJPY Weekly Analysis - January 30, 2016

Long Term Forex Analysis | by ForexCycle.com | Saturday, 30 January 2016 12:47 UTC
After touching 116.13 support, USDJPY rebounded from 115.97, indicating that the pair remains in long term uptrend from 75.57 (Oct 31, 2011 low), the price action from 125.85 (Jun 5, 2015 high) could be treated as consolidation of the uptrend. Further rise to 130.00 area to complete the long term up ...

AUDUSD Weekly Analysis - January 30, 2016

Long Term Forex Analysis | by ForexCycle.com | Saturday, 30 January 2016 12:46 UTC
AUDUSD broke above 0.7050 resistance, indicating that lengthier consolidation for the long term downtrend from 0.9504 (Jul 1, 2014 high) is needed. Further rally to 0.7200 area is possible next week. However, as long as 0.7439 key resistance holds, one more fall to 0.6500 area to complete that long ...

GBPUSD Weekly Analysis - January 30, 2016

Long Term Forex Analysis | by ForexCycle.com | Saturday, 30 January 2016 12:45 UTC
GBPUSD is in consolidation of the downtrend from 1.5929. Range trading between 1.4080 and 1.4600 could be seen in a couple of weeks. Resistance is at 1.4600, as long as this level holds, the downtrend could be expected to resume, and next target would be at 1.3700 area.

EURUSD Weekly Analysis - January 30, 2016

Long Term Forex Analysis | by ForexCycle.com | Saturday, 30 January 2016 12:45 UTC
EURUSD moved sideways in a narrow range between 1.0707 and 1.1059 for several weeks. The price action in the range is likely consolidation of the uptrend from 1.0517. Another rise could be expected after consolidation, and the target would be at 1.2000 area. Support levels are at 1.0700 and 1.0517, ...

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