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Long Term Forex Market Analysis


USDCAD Weekly Analysis - July 3, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 03 July 2016 15:19 UTC
USDCAD continued its sideways movement in a range between 1.2460 and 1.3188. Resistance is at 1.3188, 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, a break below this level could bring price to 1.2000 zon ...

USDJPY Weekly Analysis - July 3, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 03 July 2016 15:18 UTC
USDJPY stays below the downward trend line on daily chart, and remains in downtrend from 123.75. As long as the trend line resistance holds, the rise from 98.97 could be treated as consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 95.0 ...

AUDUSD Weekly Analysis - July 3, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 03 July 2016 15:17 UTC
AUDUSD remains in downtrend from 0.7834, the rise from 0.7144 is likely correction of the downtrend. Another fall could be expected after correction and next target would be at 0.6900. Support level is at 0.7250, a breakdown below this level could signal resumption of the downtrend.

GBPUSD Weekly Analysis - July 3, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 03 July 2016 15:17 UTC
GBPUSD is now in downtrend from 1.5016. Further decline could be expected after a minor consolidation, and next target would be at 1.2000 area. Resistance is at 1.3800, as long as this level holds, the downtrend will continue.

EURUSD Weekly Analysis - July 3, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 03 July 2016 15:16 UTC
EURUSD is now in downtrend from 1.1616, the bounce from 1.0911 could be treated as consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.0600 area. Resistance is at 1.1440, only break above this level could trigger another rise towards 1 ...

USDCAD Weekly Analysis - June 26, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 26 June 2016 07:49 UTC
USDCAD moved sideways in a range between 1.2460 and 1.3188 for several weeks. Another rise to 1.3600 area would likely be seen after the sideways movement, and a break of 1.3188 resistance could signal resumption of the uptrend from 1.2460.

USDJPY Weekly Analysis - June 26, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 26 June 2016 07:49 UTC
USDJPY's downward movement from 123.75 extended to as low as 98.97. Further decline could be expected after a minor consolidation, and next target would be at 95.00 area. Resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend will continue. ...

AUDUSD Weekly Analysis - June 26, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 26 June 2016 07:47 UTC
No changed in our view, AUDUSD remains in downtrend from 0.7834, the bounce from 0.7144 could be treated as correction of the downtrend. Further decline could be expected after correction, and next target would be at 0.6900 area.

GBPUSD Weekly Analysis - June 26, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 26 June 2016 07:46 UTC
GBPUSD broke below 1.3835 previous low support, indicating that the long term downtrend from 1.7190 (Jul 15, 2014 high) has resumed. Further decline could be expected after a minor consolidation, and next target would be at 1.2000 area.

EURUSD Weekly Analysis - June 26, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 26 June 2016 07:45 UTC
EURUSD broke below the support of the price channel on daily chart, indicating that the upward movement from 1.0517 had completed at 1.1616 already. Further decline could be expected over the next several weeks, and next target would be at 1.0600 area.

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