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Long Term Forex Market Analysis


USDCAD Weekly Analysis - August 28, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 28 August 2016 08:15 UTC
USDCAD remains in uptrend from 1.2460, the price action from 1.3188 is likely consolidation of the uptrend. Another rise to 1.3600 area to complete the upward movement is possible over the next several weeks. Support is at 1.2654, only break below this level could trigger another fall towards 1.1500 ...

USDJPY Weekly Analysis - August 28, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 28 August 2016 08:15 UTC
USDJPY failed to break below 98.97 support, indicating that lengthier consolidation for the downtrend from 123.75 (Nov 18, 2015 high) is needed. Range trading between 98.97 and 107.48 would likely be seen over the next several weeks. Save

AUDUSD Weekly Analysis - August 28, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 28 August 2016 08:14 UTC
AUDUSD is facing the support of the upward trend line on daily chart. As long as the trend line support holds, the uptrend from 0.7144 could be expected to continue, and next target would be at 0.8000 area. On the downside, a clear break below the trend line support will signal completion of the upt ...

GBPUSD Weekly Analysis - August 28, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 28 August 2016 08:13 UTC
GBPUSD stays within a trading range between 1.2795 and 1.3480. As long as 1.3800 key resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.5016, and another fall to 1.2000 area could be expected after consolidation.

EURUSD Weekly Analysis - August 28, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 28 August 2016 08:13 UTC
EURUSD stays in a upward price channel on daily chart and remains in uptrend from 1.0911. Near term support is at 1.1150, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.2000 area. On the downside, a breakdown below 1.1150 support will indicate t ...

USDCAD Weekly Analysis - August 21, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 August 2016 13:09 UTC
USDCAD broke below the bottom of the price channel on daily chart, indicating that the downtrend from 1.4689 has resumed. Further decline could be expected over the next several weeks, and next target would be at 1.1500 area. Resistance levels are at 1.3000 and 1.3252, only break above these levels ...

USDJPY Weekly Analysis - August 21, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 August 2016 13:08 UTC
USDJPY is facing 98.97 support, a breakdown below this level will signal resumption of the downtrend from 123.75 (Nov 18, 2015 high), then next target would be at 95.00 area. Key resistance is at 107.48, only break above this level could signal completion of the downtrend.

AUDUSD Weekly Analysis - August 21, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 August 2016 13:08 UTC
AUDUSD stays above the upward trend line on daily chart and remains in uptrend from 0.7144. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 0.8000 area. On the downside, a clear break below the trend line support will indicate that the ...

GBPUSD Weekly Analysis - August 21, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 August 2016 13:06 UTC
GBPUSD continued its sideways movement in a range between 1.2795 and 1.3480. Key resistance is at 1.3800, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 1.5016, and further decline to 1.2000 area could be seen after consolidation.

EURUSD Weekly Analysis - August 21, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 August 2016 13:06 UTC
EURUSD broke above the downward trend line on daily chart, indicating that the downward movement from 1.1616 had completed at 1.0911 already. The pair is now in uptrend. Further rise could be expected over the next several weeks, and next target would be at 1.2000 area. Near term support is at 1.115 ...

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