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Long Term Forex Market Analysis


USDCAD Weekly Analysis - December 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 December 2016 06:08 UTC
USDCAD is facing 1.3588 resistance, a break of this level will confirm that the uptrend from 1.2460 has resumed, then next target would be at 1.3800 area. Support is at the bottom of the price channel on daily chart, only a clear break below the channel support could signal completion of the uptrend ...

USDJPY Weekly Analysis - December 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 December 2016 06:07 UTC
USDJPY remains in uptrend from 101.18, the fall from 118.66 is likely consolidation of the uptrend. Key support is at 114.73, as long as this level holds, the uptrend could be expected to continue and next target would be at 123.00 area. Only break below 114.73 support could signal completion of the ...

AUDUSD Weekly Analysis - December 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 December 2016 06:07 UTC
AUDUSD's downward movement from 0.7778 extended to as low as 0.7159. Further decline is still possible over the next several weeks, and next target would be at 0.6900 area. Near term resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend wi ...

GBPUSD Weekly Analysis - December 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 December 2016 06:06 UTC
GBPUSD is in short term downtrend from 1.2774. Deeper decline to test 1.1946 support is possible over the next several days. Near term resistance is at 1.2500, only break above this level would trigger another rise towards 1.3500.

EURUSD Weekly Analysis - December 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 December 2016 06:06 UTC
EURUSD remains in downtrend from 1.1366. Further decline could be expected after a minor consolidation and next target would be at 1.0000 area. Key resistance is at 1.0873, only break above this level could bring price back to 1.1500 zone.

USDCAD Weekly Analysis - December 18, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 18 December 2016 12:50 UTC
USDCAD failed to break below the bottom of the price channel on daily chart, indicating that the pair remains in uptrend from 1.2460. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.3800 area. Only a clear break below the channel support ...

USDJPY Weekly Analysis - December 18, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 18 December 2016 12:49 UTC
USDJPY continued its upward movement from 101.18 and the rise extended to as high as 118.66. Support is at 114.73, as long as this level holds, the uptrend could be expected to continue, and next target would be at 123.00 area. Only break below 114.73 support could signal completion of the uptrend. ...

AUDUSD Weekly Analysis - December 18, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 18 December 2016 12:48 UTC
AUDUSD broke below 0.7310 support and continued its downward movement from 0.7778. Further decline could be expected over the next several weeks, and next target would be at 0.6900 area. Resistance is now at 0.7524, only break above this level could signal completion of the downtrend.

GBPUSD Weekly Analysis - December 18, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 18 December 2016 12:47 UTC
GBPUSD broke below the upward trend line on daily chart, indicate that the uptrend from 1.1946 had completed at 1.2774 already. Deeper decline to test 1.1946 support would likely be seen in a couple of weeks, a breakdown below this level will signal resumption of the long term downtrend from 1.7190 ...

EURUSD Weekly Analysis - December 18, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 18 December 2016 12:46 UTC
EURUSD broke below 1.0462 (Mar 13, 2015 low) support, indicating that the long term downtrend from 1.3993 (May 8, 2014 high) has resumed. Further decline could be expected after a minor consolidation, and next target would be at 1.0000 area. Resistance levels are at 1.0550 and 1.0665, only break abo ...

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