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Long Term Forex Market Analysis


USDCAD Weekly Analysis - August 30, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 30 August 2015 08:23 UTC
USDCAD's upward movement from 1.1919 extended to as high as 1.3353. Near term support is at the bottom of the price channel on daily chart. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.4000 area. Key support is at 1.2860, only break b ...

USDJPY Weekly Analysis - August 30, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 30 August 2015 08:22 UTC
USDJPY remains in long term uptrend from 75.57 (Oct 31, 2011 low), the fall from 125.85 is likely consolidation of the downtrend. Range trading between 116.13 and 125.85 would likely be seen over the next several weeks. Key support is at 116.13, as long as this level holds, the uptrend could be expe ...

AUDUSD Weekly Analysis - August 30, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 30 August 2015 08:22 UTC
AUDUSD's downward movement from 0.8162 extended to as low as 0.7037. Near term resistance is located at the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.6500 area. Key resistance is at 0.743 ...

GBPUSD Weekly Analysis - August 30, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 30 August 2015 08:20 UTC
GBPUSD failed to break above 1.5929 resistance, and stayed in the trading range between 1.5170 and 1.5929. Support is at 1.5170, as long as this level holds, the price action from 1.5814 could be treated as consolidation of the uptrend from 1.4565, and one more rise towards 1.6500 is still possible ...

EURUSD Weekly Analysis - August 30, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 30 August 2015 08:19 UTC
EURUSD broke above 1.1467 resistance, and reached as high as 1.1713. The subsequent fall from 1.1713 indicate that the uptrend from 1.0808 had completed. Further decline to test 1.0462 support could be expected over the next several weeks, a breakdown below this level will confirm that the long term ...

USDCAD Weekly Analysis - August 23, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 23 August 2015 07:03 UTC
USDCAD moved sideways in a narrow range between 1.2860 and 1.3213. Support is at 1.2860, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 1.1919, and further rise to 1.4000 area could be expected after consolidation. Only break below 1.2860 sup ...

USDJPY Weekly Analysis - August 23, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 23 August 2015 07:02 UTC
USDJPY failed to break above 125.85 resistance, indicating that lengthier consolidation for the uptrend from 115.56 is needed. Range trading between 120.41 and 125.85 would likely be seen over the next several weeks. Support is at 120.41, as long as this level holds, the uptrend could be expected to ...

AUDUSD Weekly Analysis - August 23, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 23 August 2015 07:02 UTC
AUDUSD stays in the downward price channel on daily chart, and remains in downtrend from 0.8162. As long as the channel resistance holds, the downtrend could be expected to continue, and further decline to 0.6800 area is possible. However, a clear break above the channel resistance could signal comp ...

GBPUSD Weekly Analysis - August 23, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 23 August 2015 07:01 UTC
GBPUSD remains in uptrend from 1.4565, the price action from 1.5814 could be treated as consolidation of the uptrend. Sideways movement in a range between 1.5170 and 1.5929 could be expected to continue over the next several weeks. Resistance is at 1.5929, a break of this level will indicate that th ...

EURUSD Weekly Analysis - August 23, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 23 August 2015 07:01 UTC
EURUSD is facing 1.1467 resistance, a break of this level will confirm that the uptrend from 1.0462 has resumed, then next target would be at 1.2500 area. Near term support is at 1.1100, only break below this level will indicate that lengthier consolidation for the uptrend is needed, then another fa ...

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