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Long Term Forex Market Analysis


USDCAD Weekly Analysis - April 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 April 2016 12:41 UTC
USDCAD remains in downtrend from 1.4689, and the downward movement extended to as low as 1.2744. Near term resistance is at the top of the price channel on daily chart, as long as the channel resistance holds, the downtrend could be expected to continue, and next target would be at 1.2500 area. Key ...

USDJPY Weekly Analysis - April 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 April 2016 12:40 UTC
USDJPY stays below the downward trend line on daily chart, and remains in downtrend from 123.75. Further decline could be expected after a minor consolidation, and next target would be at 105.00 area. Resistance is at the trend line, only a clear break above the trend line resistance could signal co ...

AUDUSD Weekly Analysis - April 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 April 2016 12:39 UTC
AUDUSD stays in the upward price channel on daily chart, and remains in uptrend from 0.6826. Near term support is at the bottom of the channel, as long as the channel support holds, the uptrend could be expected to continue, and next target would be at 0.8000 area. Key support is at 0.7450, only bre ...

GBPUSD Weekly Analysis - April 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 April 2016 12:39 UTC
GBPUSD stayed in a trading range between 1.3835 and 1.4668 for several weeks. The price action in the range is likely consolidation of the downtrend from 1.5929 (Jun 18, 2015 high). As long as 1.4668 resistance holds, the downtrend could be expected to resume, and further decline to 1.3000 area is s ...

EURUSD Weekly Analysis - April 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 April 2016 12:38 UTC
EURUSD remains in uptrend from 1.0822, the fall from 1.1464 is likely consolidation of the uptrend. Support is at 1.1100, as long as this level holds, the uptrend could be expected to resume, and next target would be at 1.2000 area. On the downside, a breakdown below 1.1100 support will indicate tha ...

USDCAD Weekly Analysis - April 10, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 10 April 2016 07:52 UTC
USDCAD stays in a downward price channel on daily chart, and remains in downtrend from 1.4689. As long as the channel resistance holds, the downtrend could be expected to continue, and next target would be at 1.2500 area. Key resistance is at 1.3296, only break above this level will indicate that th ...

USDJPY Weekly Analysis - April 10, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 10 April 2016 07:52 UTC
USDJPY continued its downward movement from 123.75, and the fall extended to as low as 107.67. Resistance is now 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 105.00 area.

AUDUSD Weekly Analysis - April 10, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 10 April 2016 07:51 UTC
AUDUSD is facing the support of the upward price channel on daily chart. As long as the channel support holds, the fall from 0.7722 could be treated as consolidation of the uptrend from 0.6826, another rise could be expected after consolidation, and next target would be at 0.8000 area. On the downsi ...

GBPUSD Weekly Analysis - April 10, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 10 April 2016 07:51 UTC
GBPUSD moved sideways in a range between 1.3835 and 1.4668 for several weeks. As long as 1.4668 key resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.5929 (Jun 18, 2015 high), and another fall towards 1.3000 is still possible after consolidatio ...

EURUSD Weekly Analysis - April 10, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 10 April 2016 07:50 UTC
EURUSD continued its upward movement from 1.0822, and the rise extended to as high as 1.1453. Further rise could be expected after a minor consolidation, and next target would be at 1.2000 area. Support is at 1.1100, only break below this level could signal completion of the uptrend.

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