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Long Term Forex Market Analysis


USDCAD Weekly Analysis - November 29, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 29 November 2015 07:28 UTC
USDCAD is facing 1.3456 resistance, a break of this level will signal resumption of the uptrend from 1.1919, then the following upward movement could bring price to 1.4000 area. Near term support is at 1.3200, only break below this level could trigger another fall to 1.2500 zone.

USDJPY Weekly Analysis - November 29, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 29 November 2015 07:27 UTC
USDJPY remains in short term uptrend from 118.16, the fall from 123.75 is likely consolidation of the uptrend. Further rise to test 125.85 resistance is still possible, a break of this level will signal resumption of the long term uptrend from 75.57 (Oct 31, 2011 low), then next target would be at 1 ...

AUDUSD Weekly Analysis - November 29, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 29 November 2015 07:26 UTC
AUDUSD continued its sideways movement in a trading range between 0.6907 and 0.7439. As long as 0.7439 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 0.9504 (Jul 1, 2014 high), another fall towards 0.6500 is still possible after consolidation.

GBPUSD Weekly Analysis - November 29, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 29 November 2015 07:26 UTC
GBPUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.5929. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.4700 area. Only a clear break above the trend line resistance could signal completio ...

EURUSD Weekly Analysis - November 29, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 29 November 2015 07:25 UTC
EURUSD's downward movement from 1.1713 extended to as low as 1.0566. Further decline to test 1.0462 (Mar 13 low) support is possible, a breakdown below this level will signal resumption of the long term downtrend from 1.3993 (May 8, 2014 high), then next target would be at 1.0000 area. Near term res ...

USDCAD Weekly Analysis - November 22, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 22 November 2015 09:02 UTC
USDCAD's short term uptrend from 1.2831 extended to as high as 1.3370. Further rise to test 1.3456 resistance is possible next week, a break of this level will indicate that the uptrend from 1.1919 has resumed, then next target would be at 1.4000 area. However, as long as 1.3456 resistance holds, on ...

USDJPY Weekly Analysis - November 22, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 22 November 2015 09:02 UTC
USDJPY continued its short term uptrend from 118.16, and the rise extended to as high as 123.75. Further rise to test 125.85 resistance is possible, a break of this level will indicate that the long term uptrend from 75.57 (Oct 31, 2011 low) has resumed, then next target would be at 135.00 area. Sup ...

AUDUSD Weekly Analysis - November 22, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 22 November 2015 09:01 UTC
AUDUSD stays in the trading range between 0.6907 and 0.7439. Resistance is at 0.7439, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from 0.9504 (Jul 1, 2014 high), another fall towards 0.6500 could be expected after consolidation.

GBPUSD Weekly Analysis - November 22, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 22 November 2015 09:00 UTC
GBPUSD remains in downtrend from 1.5929, the rise from 1.5027 is likely consolidation of the downtrend. 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 area. Only a cl ...

EURUSD Weekly Analysis - November 22, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 22 November 2015 08:59 UTC
EURUSD is facing 1.0462 (Mar 13 low) support, a breakdown below this level will indicate that the long term downtrend from 1.3993 (May 8, 2014 high) has resumed, then next target would be at 1.0000 area. Resistance is at 1.0900, only break above this level could indicate that lengthier consolidation ...

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