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Long Term Forex Market Analysis


USDCAD Weekly Analysis - August 16, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 16 August 2015 07:28 UTC
USDCAD remains in uptrend from 1.1919, the fall from 1.3213 is likely consolidation of the uptrend. Near term support is at 1.2850, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.4000 area. Key support is located at the bottom of the price chann ...

USDJPY Weekly Analysis - August 16, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 16 August 2015 07:27 UTC
USDJPY is facing 125.85 resistance, a break of this level will confirm that the uptrend from 115.56 has resumed, then next target would be at 130.00 area. Near term support is at 123.00, only break below this level will indicate that lengthier consolidation for the uptrend is needed, then pullback t ...

AUDUSD Weekly Analysis - August 16, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 16 August 2015 07:26 UTC
AUDUSD's downward movement from 0.8162 expected to as low as 0.7214. 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 0.6800 area. On the upside, a clear break above the cha ...

GBPUSD Weekly Analysis - August 16, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 16 August 2015 07:26 UTC
GBPUSD continued its sideways movement in a range between 1.5170 and 1.5929. Key support is at 1.5170, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 1.4565, further rise to 1.6500 area could be expected after consolidation. Only break below ...

EURUSD Weekly Analysis - August 16, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 16 August 2015 07:25 UTC
EURUSD failed to break below 1.0808 support and stayed in the trading range between 1.0808 and 1.1467. As long as 1.0808 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0462, and further rise to 1.2500 area is still possible. On the downside, a br ...

USDCAD Weekly Analysis - August 9, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 August 2015 07:18 UTC
USDCAD's upward movement from 1.1919 extended to as high as 1.3213. Further rise could be expected over the next several weeks, and next target would be at 1.4000 area. Support is at 1.2850, as long as this level holds, the uptrend will continue.

USDJPY Weekly Analysis - August 9, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 August 2015 07:17 UTC
USDJPY stays in the upward price channel on daily chart, and remains in uptrend from 115.56. Further rise would likely be seen over the next several weeks, and next target would be at 130.00 area. Near term support is at 123.00, only breakdown below this level could bring price back to the bottom of ...

AUDUSD Weekly Analysis - August 9, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 August 2015 07:17 UTC
AUDUSD remains in downtrend from 0.8162, the rise from 0.7233 is likely consolidation of the downtrend. Near term resistance is located 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 0. ...

GBPUSD Weekly Analysis - August 9, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 August 2015 07:16 UTC
GBPUSD stays in a trading range between 1.5170 and 1.5929. As long as 1.5170 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.4565, another rise towards 1.6500 could be expected after consolidation. Only break below 1.5170 support could signal comp ...

EURUSD Weekly Analysis - August 9, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 August 2015 07:15 UTC
EURUSD continued its sideways movement in a range between 1.0808 and 1.1467. Another rise to test 1.1467 resistance would likely be seen, a break of this level will signal resumption of the uptrend from 1.0462, then next target would be at 1.2500 area. Support is at 1.0808, only break below this lev ...

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