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Long Term Forex Market Analysis


USDCAD Weekly Analysis - December 11, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 December 2016 13:32 UTC
USDCAD stays in the upward price channel on daily chart, and remains in uptrend from 1.2460, as long as the channel support support holds, the fall from 1.3588 could be treated as consolidation of the uptrend. Another rise could be expected after consolidation, and next target would be at 1.3800 are ...

USDJPY Weekly Analysis - December 11, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 December 2016 13:32 UTC
USDJPY's upward movement from 101.18 extended to as high as 115.36. Key support is at 111.35, as long as this level holds, the uptrend could be expected to continue, and next target would be at 120.00 area. Only break below 111.35 support could signal completion of the uptrend.

AUDUSD Weekly Analysis - December 11, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 December 2016 13:31 UTC
No changed in our view, AUDUSD remains in downtrend from 0.7778. Resistance is at 0.7530, as long as this level holds, another fall to 0.6900 area could be expected after a minor consolidation. Only break above 0.7530 resistance could signal completion of the downtrend.

GBPUSD Weekly Analysis - December 11, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 December 2016 13:31 UTC
GBPUSD stays above the upward trend line on daily chart, and remains in uptrend from 1.1946. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.3500 area. Key support is at 1.2300, only break below this level could trigger another fall t ...

EURUSD Weekly Analysis - December 11, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 December 2016 13:30 UTC
EURUSD remains in downtrend from 1.1366, the price action from 1.0518 is likely consolidation of the downtrend. Further decline to test 1.0462 (Mar 13, 2015 low) support is possible, and a breakdown below this level will indicate that the long term downtrend from 1.3993 (May 8, 2014 high) has resume ...

USDCAD Weekly Analysis - December 4, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 04 December 2016 10:32 UTC
USDCAD remains in uptrend from 1.2763, the fall from 1.3588 is likely consolidation of the uptrend. Support is at the upward trend line on daily chart. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.3800 area. Only a clear break belo ...

USDJPY Weekly Analysis - December 4, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 04 December 2016 10:32 UTC
USDJPY continued its upward movement from 101.18, and the rise extended to as high as 114.82. Further rise is still possible after a minor consolidation, and next target would be at 120.00 area. Support levels are at 111.35 and 109.00, only break below these levels could signal completion of the upt ...

AUDUSD Weekly Analysis - December 4, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 04 December 2016 10:31 UTC
AUDUSD remains in downtrend from 0.7778, the rise from 0.7310 is likely consolidation of the downtrend. Deeper decline could be expected after consolidation, and next target would be at 0.6900 area. Resistance is at 0.7530, only break above this level could trigger another rise towards 0.8500.

GBPUSD Weekly Analysis - December 4, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 04 December 2016 10:31 UTC
GBPUSD broke above 1.2700 resistance, indicating that the downtrend from 1.5016 had completed at 1.1946 already. Further rally could be expected over the next several weeks, and next target would be at 1.3500 area. Support is at the upward trend line on daily chart, as long as the trend line support ...

EURUSD Weekly Analysis - December 4, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 04 December 2016 10:30 UTC
Being contained by 1.0462 (Mar 13, 2015 low) support, EURUSD rebounded from 1.0518. However, the rise is likely consolidation of the downtrend from 1.1299, further decline to test 1.0462 support is still possible. Resistance levels are at 1.0700 and 1.8200, only break above these levels could bring ...

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