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Long Term Forex Market Analysis


USDCAD Weekly Analysis - December 4, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 04 December 2016 10:32 UTC
USDCAD remains in uptrend from 1.2763, the fall from 1.3588 is likely consolidation of the uptrend. Support is at the upward trend line on daily chart. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.3800 area. Only a clear break belo ...

USDJPY Weekly Analysis - December 4, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 04 December 2016 10:32 UTC
USDJPY continued its upward movement from 101.18, and the rise extended to as high as 114.82. Further rise is still possible after a minor consolidation, and next target would be at 120.00 area. Support levels are at 111.35 and 109.00, only break below these levels could signal completion of the upt ...

AUDUSD Weekly Analysis - December 4, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 04 December 2016 10:31 UTC
AUDUSD remains in downtrend from 0.7778, the rise from 0.7310 is likely consolidation of the downtrend. Deeper decline could be expected after consolidation, and next target would be at 0.6900 area. Resistance is at 0.7530, only break above this level could trigger another rise towards 0.8500.

GBPUSD Weekly Analysis - December 4, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 04 December 2016 10:31 UTC
GBPUSD broke above 1.2700 resistance, indicating that the downtrend from 1.5016 had completed at 1.1946 already. Further rally could be expected over the next several weeks, and next target would be at 1.3500 area. Support is at the upward trend line on daily chart, as long as the trend line support ...

EURUSD Weekly Analysis - December 4, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 04 December 2016 10:30 UTC
Being contained by 1.0462 (Mar 13, 2015 low) support, EURUSD rebounded from 1.0518. However, the rise is likely consolidation of the downtrend from 1.1299, further decline to test 1.0462 support is still possible. Resistance levels are at 1.0700 and 1.8200, only break above these levels could bring ...

USDCAD Weekly Analysis - November 27, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 27 November 2016 13:00 UTC
USDCAD remains in uptrend from 1.2763. Further rise could be expected after a minor consolidation, and next target would be at 1.3800 area. Support is at 1.3264, only break below this level could signal completion of the uptrend.

USDJPY Weekly Analysis - November 27, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 27 November 2016 12:56 UTC
USDJPY's upward movement from 101.18 extended to as high as 113.89. Further rise could be expected after a minor consolidation and next target would be at 120.00 area. Support levels are at 111.50 and 109.00, as long as these levels holds, the uptrend will continue.

AUDUSD Weekly Analysis - November 27, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 27 November 2016 12:55 UTC
AUDUSD is in downtrend from 0.7778. Further decline is possible over the next several weeks, and next target would be at 0.6900 area. Resistance is at 0.7530, only break above this level could trigger another rise towards 0.8500.

GBPUSD Weekly Analysis - November 27, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 27 November 2016 12:54 UTC
GBPUSD is in consolidation of the downtrend from 1.5016. Range trading between 1.1946 and 1.2700 would likely be seen over the next several weeks. Resistance is at 1.2700, as long as this level holds, the downtrend could be expected to resume, and further decline to 1.1000 area is still possible.

EURUSD Weekly Analysis - November 27, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 27 November 2016 12:54 UTC
EURUSD is facing 1.0462 (Mar 13, 2015 low) support, a breakdown below this level will indicate that the long term downtrend from 1.3993 (May 8, 2014 high) has resumed, then next target would be at 0.9000 area. Resistance levels are at 1.0700 and 1.8200, only break above these levels could price back ...

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