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Long Term Forex Market Analysis


USDCAD Weekly Analysis - December 27, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 27 December 2015 07:50 UTC
USDCAD remains in uptrend from 1.2831, the fall from 1.4000 is likely consolidation of the uptrend. Support is located at the bottom of the price channel on daily chart. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.5000 area. Only a c ...

USDJPY Weekly Analysis - December 27, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 27 December 2015 07:49 UTC
USDJPY's downward movement from 123.75 extended to as low as 120.24. Further decline could be expected in a couple of weeks, and the target would be at 118.00 area. Resistance is at 123.75, only break above this level could trigger another rise towards 130.00.

AUDUSD Weekly Analysis - December 27, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 27 December 2015 07:49 UTC
AUDUSD moved sideways in a trading range between 0.6907 and 0.7439 for several months. Another rise to test 0.7439 would likely be seen in a couple of weeks, a break of this level will indicate that the long term downtrend from 0.9504 (Jul 1, 2014 high) had completed at 0.6907 already, then the foll ...

GBPUSD Weekly Analysis - December 27, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 27 December 2015 07:48 UTC
GBPUSD continued its downward movement from 1.5929, and the fall extended to as low as 1.4805. Further decline could be expected after a minor consolidation, and next target would be at 1.4700 - 1.4800 area. Resistance is at the downward trend line on daily chart, only a clear break above the trend ...

EURUSD Weekly Analysis - December 27, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 27 December 2015 07:47 UTC
EURUSD remains in uptrend from 1.0517, the pullback from 1.0159 could be treated as consolidation of the uptrend. Near term support is at 1.0740, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.2000 area. Key support is at 1.0517, only break belo ...

USDCAD Weekly Analysis - December 20, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 December 2015 07:24 UTC
USDCAD's upward movement from 1.2831 extended to as high as 1.40000. Further rise could be expected after a minor consolidation, and next target would be at 1.4500 area. Support is now at 1.3650, as long as this level holds, the uptrend will continue.

USDJPY Weekly Analysis - December 20, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 December 2015 07:23 UTC
USDJPY is in short term downtrend from 123.75. Deeper decline is still possible next week, and the target would be at 118.00 area. Resistance is at 123.75, only break above this level could trigger another rise towards 130.00.

AUDUSD Weekly Analysis - December 20, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 December 2015 07:23 UTC
AUDUSD stayed in the trading range between 0.6907 and 0.7439 for several months. As long as 0.7439 resistance holds, the price action in the range could be treated as consolidation of the long term downtrend from 0.9504 (Jul 1, 2014 high), another fall towards 0.6500 is still possible after consolid ...

GBPUSD Weekly Analysis - December 20, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 December 2015 07:22 UTC
GBPUSD's downward movement from 1.5929 extended to as low as 1.4865. Near term resistance is 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 1.4700 - 1.4800 area. Key resistance is at 1.54 ...

EURUSD Weekly Analysis - December 20, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 December 2015 07:22 UTC
EURUSD is now in uptrend from 1.0517, the fall from 1.1059 is likely correction of the uptrend. Further rally could be expected after correction, and next target would be at 1.2000 area. Support levels are at 1.0740 and 1.0517, only break below these levels could trigger another fall towards 1.0000. ...

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