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Long Term Forex Market Analysis


USDCAD Weekly Analysis - June 7, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 June 2015 07:56 UTC
USDCAD continued its upward movement from 1.1919, and the rise extended to as high as 1.2563. Support is at 1.2350, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.2700 area. On the downside, a breakdown below 1.2350 support will signal completio ...

USDJPY Weekly Analysis - June 7, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 June 2015 07:55 UTC
USDJPY's upward movement from 118.88 extended to as high as 125.85. Further rise could be expected after a minor consolidation, and next target would be at 130.00 area. Near term support is at 123.00, as long as this level holds, the uptrend will continue.

AUDUSD Weekly Analysis - June 7, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 June 2015 07:54 UTC
AUDUSD is testing 0.7532 support, a breakdown below this level will signal resumption of the long term downtrend from 0.9504 (Jul 1, 2014 high), then next target would be at 0.7000 area. On the other side, as long as 0.7532 support holds, the fall from 0.8162 could be treated as correction of the up ...

GBPUSD Weekly Analysis - June 7, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 June 2015 07:54 UTC
GBPUSD's fall from 1.5814 extended to as low as 1.5170. As long as 1.5080 support holds, the fall could be treated as correction of the uptrend from 1.4565, another rise towards 1.6500 could be expected after correction. Near term resistance is at 1.5450, a break of this level could signal resumptio ...

EURUSD Weekly Analysis - June 7, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 June 2015 07:53 UTC
EURUSD stays in the upward price channel on daily chart, and remains in short term uptrend from 1.0462. Further rise to re-test 1.1533 resistance is possible next week, a break of this level will confirm that the long term downtrend from 1.3993 (May 8, 2014 high) had completed at 1.0462 already, the ...

USDCAD Weekly Analysis - May 31, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 31 May 2015 07:41 UTC
USDCAD's upward movement from 1.1919 extended to as high as 1.2538. Further rise is still possible, and next target would be at 1.2700 area. Near term support is at 1.2300, only break below this level will signal completion of the uptrend, then deeper decline to test 1.1919 support could be seen.

USDJPY Weekly Analysis - May 31, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 31 May 2015 07:41 UTC
USDJPY broke above 1.2202 resistance, indicating that the long term uptrend from 75.57 (Oct 31, 2011) has resumed. Further rise could be expected after a minor consolidation, and next target would be at 130.00 area. Near term support is at 122.50, as long as this level holds, the uptrend will contin ...

AUDUSD Weekly Analysis - May 31, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 31 May 2015 07:40 UTC
AUDUSD is facing 0.7532 support, a breakdown below this level will indicate that the long term down trend from 0.9504 (Jul 1, 2014 high) has resumed, then the following downward movement could bring price to 0.7000 area. However, as long as 0.7532 support holds, the fall from 0.8162 would possibly b ...

GBPUSD Weekly Analysis - May 31, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 31 May 2015 07:40 UTC
No changed in our view, GBPUSD remains in uptrend from 1.4565, the pullback from 1.5814 would possibly be correction of the uptrend. Support is at 1.5080, as long as this level holds, the uptrend could be expected to resume, and another rise towards 1.6500 is still possible. However, a breakdown bel ...

EURUSD Weekly Analysis - May 31, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 31 May 2015 07:39 UTC
Being contained by the bottom of the price channel on daily chart, EURUSD rebounded from 1.0819, indicating that the pair remains in short term uptrend from 1.0462. Another rise to test 1.1533 resistance would likely be seen, a break of this level will signal completion of the long term downtrend fr ...

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