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Long Term Forex Market Analysis


USDCAD Weekly Analysis - November 20, 2016

Long Term Forex Analysis | by ForexCycle.com | Saturday, 19 November 2016 23:38 UTC
USDCAD's upward movement from 1.2460 extended to as high as 1.3588. Support is now at 1.3264, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.3800 area. Only break below 1.3264 support could signal completion of the uptrend.

USDJPY Weekly Analysis - November 20, 2016

Long Term Forex Analysis | by ForexCycle.com | Saturday, 19 November 2016 23:37 UTC
USDJPY broke above 107.48 resistance, indicating that the downtrend from 125.85 (Jun 5, 2015 high) had completed at 98.97 already. Further rise is still possible after a minor consolidation, and next target would be at 115.00 area. Support is at 107.50, only break below this level could signal compl ...

AUDUSD Weekly Analysis - November 20, 2016

Long Term Forex Analysis | by ForexCycle.com | Saturday, 19 November 2016 23:37 UTC
AUDUSD broke below 0.7441 support, indicating that the uptrend from 0.7144 had completed at 0.7778 already. Further decline could be expected over the next several weeks, and the target would be at 0.6900 area. Resistance is at 0.7530, only break above this level could trigger another rise towards 0 ...

GBPUSD Weekly Analysis - November 20, 2016

Long Term Forex Analysis | by ForexCycle.com | Saturday, 19 November 2016 23:36 UTC
GBPUSD remains in downtrend from 1.5016, the bounce from 1.1946 is likely consolidation of the downtrend. Range trading between 1.1946 and 1.2700 could be expected over the next several weeks. Resistance is at 1.2700, as long as this level holds, the downtrend could be expected to resume, and furthe ...

EURUSD Weekly Analysis - November 20, 2016

Long Term Forex Analysis | by ForexCycle.com | Saturday, 19 November 2016 23:36 UTC
EURUSD's downward movement from 1.1299 extended to as low as 1.0569. Further decline to test 1.0462 (Mar 13, 2015 low) support is possible next week. A breakdown below this level will indicate that the long term downtrend from 1.3993 (May 8, 2014 high) has resumed, then further decline to 0.9000 are ...

USDCAD Weekly Analysis - November 13, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 13 November 2016 07:15 UTC
USDCAD continued its upward movement from 1.2460, and the rise extended to as high as 1.3548. Near term support is at 1.3240, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.3700 area. Key support is at 1.3000, only break below this level could s ...

USDJPY Weekly Analysis - November 13, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 13 November 2016 07:15 UTC
USDJPY is facing 107.48 resistance, a break of this level will indicate that the long term downtrend from 125.85 (Jun 5, 2015 high) had completed at 98.97 already, then further rise to 115.00 area could be seen. On the downside, as long as 107.48 resistance holds, the price action from 98.97 could b ...

AUDUSD Weekly Analysis - November 13, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 13 November 2016 07:14 UTC
AUDUSD continued its sideways movement in a range between 0.7441 and 0.7778. As long as 0.7441 key support holds, the sideways movement could be treated as consolidation of the uptrend from 0.7144, and further rise to 0.8000 area is still possible after consolidation. On the downside, a breakdown be ...

GBPUSD Weekly Analysis - November 13, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 13 November 2016 07:14 UTC
GBPUSD is facing 1.2700 resistance, a break of this level will indicate that the downward movement from 1.5016 had completed at 1.1946 already, then the following upward movement could bring price to 1.3500 zone. On the other side, as long as 1.2700 resistance holds, the rise from 1.1946 would possi ...

EURUSD Weekly Analysis - November 13, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 13 November 2016 07:13 UTC
EURUSD broke below 1.0851 support, indicating that the downtrend from 1.1616 has resumed. Further decline to test 1.0517 (Dec 3, 2015 low) support could be expected over the next several weeks. Resistance is at 1.1150, only break above this level could trigger anther rise towards 1.1500.

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