Sponsors

Long Term Forex Market Analysis


USDCAD Weekly Analysis - January 24, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 24 January 2016 07:38 UTC
USDCAD broke below the upward trend line on daily chart, indicating that the uptrend from 1.2831 had completed at 1.4689 already. Range trading between 1.3800 and 1.4689 could be seen over the next several weeks. Key support is at 1.3800, as long as this level holds, the fall from 1.4689 could be tr ...

USDJPY Weekly Analysis - January 24, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 24 January 2016 07:37 UTC
USDJPY broke below 116.13 support, indicating that the long term uptrend from 75.57 (Oct 31, 2011 low) had completed at 125.85 (Jun 5, 2015 high) already. Further decline could be expected after a minor consolidation, and next target would be at 105.00 area. Near term resistance is at 120.00, only b ...

AUDUSD Weekly Analysis - January 24, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 24 January 2016 07:36 UTC
AUDUSD remains in downtrend from 0.7385, the rise from 0.6826 could be treated as consolidation of the downtrend. Further decline could be expected after consolidation and next target would be at 0.6500 area. Near term resistance is at 0.7050, only break above this level could bring price back to te ...

GBPUSD Weekly Analysis - January 24, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 24 January 2016 07:36 UTC
GBPUSD remains in downtrend from 1.5929, the bounce from 1.4080 is likely consolidation of the downtrend. Another fall could be expected, and next target would be at 1.3700 area. Near term resistance is now at 1.4500, as long as this level holds, the downtrend will continue. Key resistance is at the ...

EURUSD Weekly Analysis - January 24, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 24 January 2016 07:35 UTC
EURUSD remains in uptrend from 1.0517, the price action from 1.1059 could be treated as correction of the uptrend. Another rise could be expected after correction, and next target would be at 1.2000 area. Support levels are at 1.0700 and 1.0517, only break below these levels could trigger another fa ...

USDCAD Weekly Analysis - January 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 January 2016 09:30 UTC
USDCAD continued its upward movement from 1.2831, and the rise extended to as high as 1.4553. Further rise could be expected after a minor consolidation, and next target would be at 1.5000 area. Support is located at the upward trend line on daily chart, only a clear break below the trend line suppo ...

USDJPY Weekly Analysis - January 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 January 2016 09:30 UTC
USDJPY is testing 116.13 support, as long as this level holds, the price action from 125.85 (Jun 5, 2015 high) could be treated as consolidation of the long term uptrend from 75.57 (Oct 31, 2011 low), and further rise to 135.00 area is still possible after consolidation. On the downside, a breakdown ...

AUDUSD Weekly Analysis - January 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 January 2016 09:29 UTC
AUDUSD broke below 0.6907 support, indicating that the long term downtrend from 0.9504 (Jul 1, 2014 high) has resumed. Further decline could be expected, and next target would be at 0.6500 area. Near term resistance is at 0.7050, only break above this level could bring price back to test 0.7439 key ...

GBPUSD Weekly Analysis - January 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 January 2016 09:28 UTC
GBPUSD's downward movement from 1.5929 extended to as low as 1.4251. Near term resistance is at 1.4550, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.3700 area. Key resistance is at the downward trend line on daily chart, only a clear break a ...

EURUSD Weekly Analysis - January 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 January 2016 09:27 UTC
EURUSD is in uptrend from 1.0517, the fall from 1.1059 is likely correction of the uptrend. Further rise could be expected after correction, and next target would be at 1.2000 area. Support level are at 1.0700 and 1.0517, only break below these levels could trigger another fall towards 1.0000.

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.

Sponsors

Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.