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Long Term Forex Market Analysis


USDCAD Weekly Analysis - October 9, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 October 2016 03:47 UTC
USDCAD is testing the resistance of the top of the price channel on daily chart. A clear break above the channel resistance could bring price to 1.3600 zone. Support is at 1.3000, only break below this level could bring price back to the bottom of the channel.

USDJPY Weekly Analysis - October 9, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 October 2016 03:46 UTC
USDJPY continued its sideways movement in a range between 98.97 and 107.48. Key resistance is at 107.48, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 123.75 (Nov 18, 2015 high), another fall towards 90.00 could be expected after consolida ...

AUDUSD Weekly Analysis - October 9, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 October 2016 03:45 UTC
AUDUSD failed to break above 0.7755 resistance, and stayed in the trading range between 0.7441 and 0.7755. Sideways movement in the range could be seen in a couple of weeks. Support is at 0.7441, a breakdown below this level will indicate that the uptrend from 0.7144 had completed at 0.7755 already, ...

GBPUSD Weekly Analysis - October 9, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 October 2016 03:44 UTC
GBPUSD's downward movement from 1.3480 extended to as low as 1.1946. Further decline is still possible after consolidation, and next target would be at 1.1000 area. Resistance is located at the downward trend line on daily chart, only a clear break above the trend line resistance could signal comple ...

EURUSD Weekly Analysis - October 9, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 09 October 2016 03:43 UTC
EURUSD remains in uptrend from 1.0911, the fall from 1.1366 is likely consolidation of the uptrend. Further rise could be expected after consolidation and next target would be at 1.2000 area. Support is at 1.1050, only break below this level could bring price back to 1.0600 zone.

USDCAD Weekly Analysis - October 2, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 October 2016 12:42 UTC
USDCAD is facing the resistance of the top of the price channel on daily chart. A clear break above the channel resistance could bring price to 1.3600 zone. Support is at 1.3000, only break below this level could bring price back to the bottom of the channel.

USDJPY Weekly Analysis - October 2, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 October 2016 12:41 UTC
USDJPY is forming a sideways consolidation in a range between 98.97 and 107.48. As long as 107.48 key resistance holds, the downtrend from 123.75 (Nov 18, 2015 high) could be expected to continue, and next target would be at 90.00. Only break above 107.48 resistance could signal completion of the do ...

AUDUSD Weekly Analysis - October 2, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 October 2016 12:41 UTC
AUDUSD is facing 0.7755 resistance, a break of this level will signal resumption of the uptrend from 0.7144, then next target would be at 0.8000 area. On the downside, as long as 0.7755 resistance holds, another fall towards 0.6900 could be expected.

GBPUSD Weekly Analysis - October 2, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 October 2016 12:40 UTC
GBPUSD is testing 1.2795 support, a breakdown below this level will signal resumption of the downtrend from 1.5016, then next target would be at 1.2000 area. Key resistance is at 1.3480, only break above this level could signal completion of the downtrend.

EURUSD Weekly Analysis - October 2, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 October 2016 12:38 UTC
EURUSD continued its sideways movement in a range between 1.1122 and 1.1366. The sideways movement is likely consolidation of the uptrend from 1.0911. Further rise to 1.2000 area would likely be seen after consolidation. Support is at 1.1122, only break below this level will indicate that the uptren ...

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