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Long Term Forex Market Analysis


USDCAD Weekly Analysis - January 8, 2017

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 January 2017 02:35 UTC
USDCAD stays in the upward price channel on daily chart, and remains in uptrend from 1.2460. As long as the channel support holds, the price action from 1.3588 could be treated as consolidation of the uptrend. Further rise could be expected after consolidation and next target would be at 1.3800 area ...

USDJPY Weekly Analysis - January 8, 2017

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 January 2017 02:35 UTC
No changed in our view, USDJPY remains in uptrend from 101.18. As long as 114.73 support holds, the fall from 118.66 could be treated as consolidation of the uptrend. Further rise could be expected after consolidation and next target would be at 123.00 area. Only break below 114.73 support could sig ...

AUDUSD Weekly Analysis - January 8, 2017

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 January 2017 02:34 UTC
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.7778. As long as the trend line resistance holds, the rise from 0.7158 could be treated as consolidation of the downtrend. Further decline is still possible after consolidation and next target would be at 0.69 ...

GBPUSD Weekly Analysis - January 8, 2017

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 January 2017 02:34 UTC
GBPUSD remains in short term downtrend from 1.2774. Further decline to test 1.1946 support is still possible in a couple of weeks. Near term resistance is at 1.2500, only break above this level would trigger another rise towards 1.3500.

EURUSD Weekly Analysis - January 8, 2017

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 January 2017 02:33 UTC
EURUSD's downward movement from 1.1366 extended to as low as 1.0340. Near term 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 1.0000 area. Key resistance is at 1.0873, onl ...

USDCAD Weekly Analysis - December 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 December 2016 06:08 UTC
USDCAD is facing 1.3588 resistance, a break of this level will confirm that the uptrend from 1.2460 has resumed, then next target would be at 1.3800 area. Support is at the bottom of the price channel on daily chart, only a clear break below the channel support could signal completion of the uptrend ...

USDJPY Weekly Analysis - December 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 December 2016 06:07 UTC
USDJPY remains in uptrend from 101.18, the fall from 118.66 is likely consolidation of the uptrend. Key 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 ...

AUDUSD Weekly Analysis - December 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 December 2016 06:07 UTC
AUDUSD's downward movement from 0.7778 extended to as low as 0.7159. Further decline is still possible over the next several weeks, and next target would be at 0.6900 area. Near term resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend wi ...

GBPUSD Weekly Analysis - December 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 December 2016 06:06 UTC
GBPUSD is in short term downtrend from 1.2774. Deeper decline to test 1.1946 support is possible over the next several days. Near term resistance is at 1.2500, only break above this level would trigger another rise towards 1.3500.

EURUSD Weekly Analysis - December 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 December 2016 06:06 UTC
EURUSD remains in downtrend from 1.1366. Further decline could be expected after a minor consolidation and next target would be at 1.0000 area. Key resistance is at 1.0873, only break above this level could bring price back to 1.1500 zone.

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