Sponsors

Long Term Forex Market Analysis


USDCAD Weekly Analysis - August 14, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 August 2016 14:21 UTC
USDCAD stays in the upward price channel on daily chart, and remains in short term uptrend from 1.2654. Near tern 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 1.3300 - 1.3400 area. On the downsid ...

USDJPY Weekly Analysis - August 14, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 August 2016 14:20 UTC
USDJPY stays below the downward trend line on daily chart, and remains in downtrend from 123.75 (Nov 18, 2015 high). As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 95.00 area. Key resistance is at 107.48, only break above this lev ...

AUDUSD Weekly Analysis - August 14, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 August 2016 14:20 UTC
AUDUSD's upward movement from 0.7144 extended to as high as 0.7755. Further rise could be expected after a minor consolidation, and next target would be at 0.8000 area. Support is at 0.7400, only break below this level could bring price back to 0.6900 zone.

GBPUSD Weekly Analysis - August 14, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 August 2016 14:19 UTC
GBPUSD stayed in the trading range between 1.2795 and 1.3480. As long as 1.3800 level holds, the price action from 1.2795 could be treated as consolidation of the downtrend from 1.5016, and further decline to 1.2000 area is still possible after consolidation.

EURUSD Weekly Analysis - August 14, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 August 2016 14:18 UTC
EURUSD is facing the downward trend line resistance again. A clear break above the trend line resistance will indicate that the downtrend from 1.1616 had completed at 1.0911 already, then the following upward movement could bring price to 1.2000 zone. On the downside, as long as the trend line resis ...

USDCAD Weekly Analysis - August 7, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 August 2016 14:28 UTC
USDCAD is in short term uptrend from 1.2654. Further rise is still possible in a couple of weeks, and the target would be at 1.3300 - 1.3400 area. Support level is at 1.2800, a breakdown below this level will indicate that the uptrend is complete, then the following downward movement could bring pri ...

USDJPY Weekly Analysis - August 7, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 August 2016 14:27 UTC
USDJPY remains in downtrend from 123.75 (Nov 18, 2015 high). Further decline could be expected after a minor consolidation, and next target would be at 95.00 area. Near term resistance is at the downward trend line on daily chart, and the key resistance is at 107.48, only break above this level coul ...

AUDUSD Weekly Analysis - August 7, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 August 2016 14:27 UTC
AUDUSD remains in uptrend from 0.7144. Further rise could be expected in a couple of weeks, and next target would be at 0.8000 area. Near term support is at 0.7400, only break below this level could bring price back to 0.6900 zone.

GBPUSD Weekly Analysis - August 7, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 August 2016 14:26 UTC
GBPUSD continued its sideways movement in a range between 1.2795 and 1.3480. Resistance is at 1.3800, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.2000 area.

EURUSD Weekly Analysis - August 7, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 August 2016 14:25 UTC
EURUSD failed to break above the downward trend line on daily chart, indicating that the pair remains in downtrend from 1.1616. As long as the rend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.0600 area. On the upside, a clear break above the tren ...

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.