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Long Term Forex Market Analysis


USDCAD Weekly Analysis - July 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 July 2016 15:03 UTC
USDCAD is testing 1.3188 resistance, a break of this level will indicate that the uptrend from 1.2460 has resumed, then the following upward movement could bring price to 1.3600 area. Support is at 1.2460, only a breakdown below this level could trigger another fall towards 1.2000.

USDJPY Weekly Analysis - July 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 July 2016 15:03 UTC
USDJPY is facing the resistance of the downward trend line on daily chart. As long as the trend line resistance holds, the bounce from 98.97 could be treated as consolidation of the downtrend from 123.75 (Nov 18, 2015 high), and further decline to 95.00 area is still possible. Only a clear break abo ...

AUDUSD Weekly Analysis - July 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 July 2016 15:02 UTC
AUDUSD's upward movement from 0.7144 extended to as high as 0.7676. However, the rise would possibly be correction of the downtrend from 0.7834, another fall is still possible after correction, and next target would be at 0.6900.

GBPUSD Weekly Analysis - July 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 July 2016 15:01 UTC
GBPUSD remains in downtrend from 1.5016, the rise from 1.2795 is likely consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.2000. Near term resistance is at 1.3550, as long as this level holds, the downtrend will continue.

EURUSD Weekly Analysis - July 17, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 17 July 2016 15:01 UTC
EURUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.1616. Further decline could be expected after a minor consolidation, and next target would be at 1.0600 area. Resistance is at the downward trend line on daily chart, only a clear break above the trend line re ...

USDCAD Weekly Analysis - July 10, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 10 July 2016 13:38 UTC
USDCAD is facing 1.3188 resistance, a break of this level will indicate that the uptrend from 1.2460 has resumed, then next target would be at 1.3600 area. Support is at 1.2460, only a breakdown below this level could bring price to 1.2000 zone.

USDJPY Weekly Analysis - July 10, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 10 July 2016 13:37 UTC
USDJPY remains in downtrend from 123.75, the rise from 98.97 is likely consolidation of the downtrend. Resistance is located at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 95.00 area.

AUDUSD Weekly Analysis - July 10, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 10 July 2016 13:37 UTC
No changed in our view, AUDUSD remains in downtrend from 0.7834, the rise from 0.7144 would possibly be correction of the downtrend. Another fall could be expected after correction and next target would be at 0.6900.

GBPUSD Weekly Analysis - July 10, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 10 July 2016 13:36 UTC
GBPUSD's downward movement from 1.5016 extended to as low as 1.2795. Further decline could be expected after a minor consolidation, and next target would be at 1.2000 area. Near term resistance is at 1.3550, as long as this level holds, the downtrend will continue.

EURUSD Weekly Analysis - July 10, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 10 July 2016 13:36 UTC
EURUSD remains in downtrend from 1.1616, the rise from 1.0911 is likely consolidation of the downtrend. Near term resistance is at 1.1440, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.0600 area. On the upside, a break of 1.1440 resistance wi ...

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