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Long Term Forex Market Analysis


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 ...

USDCAD Weekly Analysis - December 11, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 December 2016 13:32 UTC
USDCAD stays in the upward price channel on daily chart, and remains in uptrend from 1.2460, as long as the channel support support holds, the fall from 1.3588 could be treated as consolidation of the uptrend. Another rise could be expected after consolidation, and next target would be at 1.3800 are ...

USDJPY Weekly Analysis - December 11, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 December 2016 13:32 UTC
USDJPY's upward movement from 101.18 extended to as high as 115.36. Key support is at 111.35, as long as this level holds, the uptrend could be expected to continue, and next target would be at 120.00 area. Only break below 111.35 support could signal completion of the uptrend.

AUDUSD Weekly Analysis - December 11, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 December 2016 13:31 UTC
No changed in our view, AUDUSD remains in downtrend from 0.7778. Resistance is at 0.7530, as long as this level holds, another fall to 0.6900 area could be expected after a minor consolidation. Only break above 0.7530 resistance could signal completion of the downtrend.

GBPUSD Weekly Analysis - December 11, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 December 2016 13:31 UTC
GBPUSD stays above the upward trend line on daily chart, and remains in uptrend from 1.1946. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.3500 area. Key support is at 1.2300, only break below this level could trigger another fall t ...

EURUSD Weekly Analysis - December 11, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 December 2016 13:30 UTC
EURUSD remains in downtrend from 1.1366, the price action from 1.0518 is likely consolidation of the downtrend. Further decline to test 1.0462 (Mar 13, 2015 low) support is possible, and a breakdown below this level will indicate that the long term downtrend from 1.3993 (May 8, 2014 high) has resume ...

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