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Long Term Forex Market Analysis


USDCAD Weekly Analysis - February 19, 2017

Long Term Forex Analysis | by ForexCycle.com | Sunday, 19 February 2017 09:09 UTC
USDCAD remains in downtrend from 1.3598. Further decline would likely be seen in a couple of weeks, and next target would be at 1.2600 area. Resistance is at 1.3387, only break above this level could signal completion of the downtrend.

USDJPY Weekly Analysis - February 19, 2017

Long Term Forex Analysis | by ForexCycle.com | Sunday, 19 February 2017 09:09 UTC
USDJPY remains in downtrend from 118.66, the rise from 111.58 is likely consolidation of the downtrend. Resistance is at 115.65. As long as this level holds, the downtrend could be expected to continue and next target would be at 110.00 area. Only break above 115.65 resistance could trigger another ...

AUDUSD Weekly Analysis - February 19, 2017

Long Term Forex Analysis | by ForexCycle.com | Sunday, 19 February 2017 09:08 UTC
AUDUSD's upward movement from 0.7158 extended to as high as 0.7731. Key support is at 0.7511 level. As long as this level holds, the uptrend could be expected to continue, and next target would be at 0.8000 area. Only break below 0.7511 support could signal completion of the uptrend.

GBPUSD Weekly Analysis - February 19, 2017

Long Term Forex Analysis | by ForexCycle.com | Sunday, 19 February 2017 09:08 UTC
GBPUSD is forming a sideways consolidation in a range between 1.1946 and 1.2774. another fall to test 1.1946 support would likely be seen, and a breakdown below this level will signal resumption of the downtrend from 1.5016, then next target would be at 1.1500 area. Key resistance is at 1.3050, only ...

EURUSD Weekly Analysis - February 19, 2017

Long Term Forex Analysis | by ForexCycle.com | Sunday, 19 February 2017 09:07 UTC
EURUSD's bounce from 1.0340 had completed at 1.0828 already, the subsequent fall is likely resumption of the downtrend from 1.1616 (May 3, 2016 high). Further decline to test 1.0340 support is possible, and a breakdown below this level will confirm the resumption, then next next target would be at 1 ...

USDCAD Weekly Analysis - February 12, 2017

Long Term Forex Analysis | by ForexCycle.com | Sunday, 12 February 2017 09:53 UTC
USDCAD is now in downtrend from 1.3598. Further decline could be expected over the next several weeks, and next target would be at 1.2600 area. Resistance is at 1.3387, only break above this level could signal completion of the downtrend.

USDJPY Weekly Analysis - February 12, 2017

Long Term Forex Analysis | by ForexCycle.com | Sunday, 12 February 2017 09:53 UTC
USDJPY's fall from 118.66 extended to as low as 111.58. Near term resistance is now located at the top of the price channel on daily chart. As long as the pair stays in the channel, the downtrend could be expected to continue, and next target would be at 110.00 area. Key resistance is at 115.65, onl ...

AUDUSD Weekly Analysis - February 12, 2017

Long Term Forex Analysis | by ForexCycle.com | Sunday, 12 February 2017 09:52 UTC
AUDUSD remains in uptrend from 0.7158. Further rise is still possible over the next several weeks, and next target would be at 0.8000 area. Support is at 0.7500, only break below this level could bring price back to 0.7300 zone.

GBPUSD Weekly Analysis - February 12, 2017

Long Term Forex Analysis | by ForexCycle.com | Sunday, 12 February 2017 09:51 UTC
GBPUSD continued its sideways movement in a range between 1.1946 and 1.2774. Near term resistance is at 1.2774, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 1.5016, and further decline to 1.1500 area is still possible after consolidation. ...

EURUSD Weekly Analysis - February 12, 2017

Long Term Forex Analysis | by ForexCycle.com | Sunday, 12 February 2017 09:51 UTC
EURUSD stays in the downward price channel on daily chart, indicating that the pair remains in downtrend from 1.1616 (May 3, 2016 high), and the rise from 1.0340 could be treated as consolidation of the downtrend. Further rise toward the top of the price channel is still possible in a couple of week ...

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