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Long Term Forex Market Analysis


USDCAD Weekly Analysis - March 20, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 March 2016 13:13 UTC
USDCAD continued its downward movement from 1.4689, and the fall extended to as low as 1.2923. Further decline could be expected in a couple of weeks, and next target would be at 1.2500 area. Resistance is at 1.3450, only break above this level could signal completion of the downtrend.

USDJPY Weekly Analysis - March 20, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 March 2016 13:12 UTC
After consolidation, USDJPY broke below 110.97 support, indicating that the downtrend from 123.75 has resumed. Further decline could be expected over the next several weeks, and next target would be at 105.00 area. Resistance is at 114.87, only break above this level could signal completion of the d ...

AUDUSD Weekly Analysis - March 20, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 March 2016 13:12 UTC
AUDUSD's upward movement from 0.6826 extended to as high as 0.7680. Support is now at 0.7400, as long as this level holds, the uptrend could be expected to continue, and next target would be at 0.8000 area. Only break below 0.7400 support will indicate that consolidation of the uptrend is underway, ...

GBPUSD Weekly Analysis - March 20, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 March 2016 13:11 UTC
GBPUSD's bounce from 1.3835 extended to as high as 1.4514. Further rise to test 1.4668 resistance could be seen next week, a break of this level will indicate that the downtrend from 1.5929 (Jun 18, 2015 high) had completed at 1.3835 already, then the following upward movement could bring price to 1 ...

EURUSD Weekly Analysis - March 20, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 March 2016 13:10 UTC
EURUSD is facing 1.1376 resistance, a break of this level will confirm that the uptrend from 1.0517 has resumed, then next target would be at 1.2000 area. Key support is at 1.0700, only break below this level could bring price back towards 1.0000.

USDCAD Weekly Analysis - March 13, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 13 March 2016 07:05 UTC
USDCAD's downward movement from 1.4689 extended to as low as low as 1.3167. Further decline could be expected after a minor consolidation, and next target would be at 1.3000 area. Resistance is at 1.3500, only break above this level could signal completion of the downtrend.

USDJPY Weekly Analysis - March 13, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 13 March 2016 07:05 UTC
USDJPY continued its sideways movement in a range between 110.97 and 114.87. As long as 116.00 resistance holds, the price action in the trading range could be treated as consolidation of the downtrend from 123.75, further decline to 105.00 area is still possible after consolidation. Only break abov ...

AUDUSD Weekly Analysis - March 13, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 13 March 2016 07:04 UTC
AUDUSD is now in uptrend from 0.6826, and the rise extended to as high as 0.7583. Further rise could be expected after a minor consolidation, and next target would be at 0.8000 area. Support is at 0.7300, as long as this level holds, the uptrend will continue.

GBPUSD Weekly Analysis - March 13, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 13 March 2016 07:01 UTC
GBPUSD moved sideways in a range between 1.3835 and 1.4668 for several weeks. Key resistance is at 1.4668, as long as the level holds, the price action in the range could be treated as consolidation of the downtrend from 1.5929 (Jun 18, 2015 high), another fall to 1.300 area could be expected after ...

EURUSD Weekly Analysis - March 13, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 13 March 2016 07:01 UTC
No changed in our view, EURUSD is in uptrend from 1.0517, the fall from 1.1376 is likely consolidation of the uptrend. Key support is at 1.0700, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.2000 area. On the downside, a breakdown below 1.0700 ...

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