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Long Term Forex Market Analysis


USDCAD Weekly Analysis - July 24, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 24 July 2016 09:15 UTC
USDCAD is testing 1.3188 resistance, a break of this level will indicate that the uptrend from 1.2460 has resumed, then next target would be at 1.3600 area. On the downside, a breakdown below 1.2800 support could bring price back to test 1.2460 support.

USDJPY Weekly Analysis - July 24, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 24 July 2016 09:14 UTC
USDJPY is testing that resistance of the downward trend line on daily chart. A clear break above the trend line resistance will indicate that the downtrend from 123.75 (Nov 18, 2015 high) had completed at 98.97 already, then the following upward movement could bring price to 115.00 zone. On the down ...

AUDUSD Weekly Analysis - July 24, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 24 July 2016 09:14 UTC
AUDUSD remains in downtrend from 0.7834, the rise from 0.7144 is likely correction of the downtrend. Another fall to 0.6900 area to complete the downward movement could be expected. Key resistance is at 0.7834, only break above this level could bring price to 0.9000 zone.

GBPUSD Weekly Analysis - July 24, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 24 July 2016 09:13 UTC
No changed in our view, GBPUSD is in downtrend from 1.5016, the rise from 1.2795 could be treated as consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.2000.

EURUSD Weekly Analysis - July 24, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 24 July 2016 09:12 UTC
EURUSD remains in downtrend from 1.1616, the rise from 1.0911 is possibly be consolidation of the downtrend. Resistance is 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 1.0600 area. On t ...

USDCAD Weekly Analysis - July 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 July 2016 15:03 UTC
USDCAD is testing 1.3188 resistance, a break of this level will indicate that the uptrend from 1.2460 has resumed, then the following upward movement could bring price to 1.3600 area. Support is at 1.2460, only a breakdown below this level could trigger another fall towards 1.2000.

USDJPY Weekly Analysis - July 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 July 2016 15:03 UTC
USDJPY is facing the resistance of the downward trend line on daily chart. As long as the trend line resistance holds, the bounce from 98.97 could be treated as consolidation of the downtrend from 123.75 (Nov 18, 2015 high), and further decline to 95.00 area is still possible. Only a clear break abo ...

AUDUSD Weekly Analysis - July 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 July 2016 15:02 UTC
AUDUSD's upward movement from 0.7144 extended to as high as 0.7676. However, the rise would possibly be correction of the downtrend from 0.7834, another fall is still possible after correction, and next target would be at 0.6900.

GBPUSD Weekly Analysis - July 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 July 2016 15:01 UTC
GBPUSD remains in downtrend from 1.5016, the rise from 1.2795 is likely consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.2000. Near term resistance is at 1.3550, as long as this level holds, the downtrend will continue.

EURUSD Weekly Analysis - July 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 July 2016 15:01 UTC
EURUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.1616. Further decline could be expected after a minor consolidation, and next target would be at 1.0600 area. Resistance is at the downward trend line on daily chart, only a clear break above the trend line re ...

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