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Long Term Forex Market Analysis


USDCAD Weekly Analysis - June 12, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 12 June 2016 14:17 UTC
USDCAD remains in uptrend from 1.2460, the fall from 1.3188 is likely correction of the uptrend. Another rise could be expected after correction, and next target would be at 1.3600 area. Support is at 1.2460, only break below this level could trigger another fall towards 1.2000.

USDJPY Weekly Analysis - June 12, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 12 June 2016 14:17 UTC
USDJPY stayed in the trading range between 105.54 and 111.88. As long as 111.88 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 123.75, and further decline to 100.00 area could be expected after consolidation. Only break above 111.88 resistance ...

AUDUSD Weekly Analysis - June 12, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 12 June 2016 14:16 UTC
No changed in our view, AUDUSD remains in downtrend from 0.7834, the rise from 0.7144 could be treated as correction of the downtrend. Resistance is at 0.7550, as long as this level holds, the downtrend could be expected to resume, and further decline to test 0.6826 support is still possible.

GBPUSD Weekly Analysis - June 12, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 12 June 2016 14:15 UTC
GBPUSD broke below 1.4332 support, indicating that the upward movement from 1.3835 had completed at 1.4769 already. Further decline to test 1.3835 support could be expected over the next several weeks. Resistance levels are at 1.4500 and 1.4769, only break above these levels could trigger another ri ...

EURUSD Weekly Analysis - June 12, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 12 June 2016 14:15 UTC
EURUSD stays in the upward price channel on daily chart, and remains in uptrend from 1.0517. Key support is now at 1.1097, 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 1.1097 support level will indi ...

USDCAD Weekly Analysis - June 5, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 05 June 2016 09:45 UTC
No changed in our view, USDCAD remains in uptrend from 1.2460, the fall from 1.3188 would possibly be correction of the uptrend. Support levels are at 1.2750 and 1.2460, as long as these levels hold, the uptrend could be expected to resume, and another rise to 1.3600 area is still possible.

USDJPY Weekly Analysis - June 5, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 05 June 2016 09:45 UTC
USDJPY is facing 105.54 support, a breakdown below this level will indicate that the downtrend from 123.75 has resumed, then next target would be at 100.00 area. Key resistance is at 111.88, only break above this level could signal completion of the downtrend.

AUDUSD Weekly Analysis - June 5, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 05 June 2016 09:44 UTC
AUDUSD remains in downtrend from 0.7834, the rise from 0.7144 is likely correction of the downtrend. Range trading between 0.7144 and 0.7550 would likely be seen over the next several weeks. As long as 0.7550 resistance holds, the downtrend could be expected to resume, and another fall to test 0.682 ...

GBPUSD Weekly Analysis - June 5, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 05 June 2016 09:43 UTC
GBPUSD moved sideways in a trading range between 1.4332 and 1.4769. The price action in the range is likely consolidation of the uptrend from 1.3835, one more rise to 1.5000 area to complete to upward movement is possible. Key support is at 1.4332, only break below this level will indicate that the ...

EURUSD Weekly Analysis - June 5, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 05 June 2016 09:42 UTC
Being contained by the bottom of the upward price channel on daily chart, EURUSD rebounded from 1.1097, indicating that the pair remains in uptrend from 1.0517. Further rise could be expected in a couple of weeks, and next target would be at 1.2000 area. Key support is now at 1.1097, only break belo ...

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