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Long Term Forex Market Analysis


USDCAD Weekly Analysis - February 21, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 February 2016 10:10 UTC
No changed in our view, USDCAD is in consolidation of the long term uptrend from 0.9406 (Jul 26, 2011 low). Range trading between 1.3400 and 1.4689 is possible over the next several weeks. Support is at 1.3400, as long as this level holds, the uptrend could be expected to resume, and one more rise t ...

USDJPY Weekly Analysis - February 21, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 February 2016 10:09 UTC
USDJPY remains in downtrend from 123.75, the rise from 110.97 could be treated as consolidation of the downtrend. Resistance is at 115.00, as long as this level holds, the downtrend could be expected to continue, and next target would be at 105.00 area. Only break above 115.00 resistance could signa ...

AUDUSD Weekly Analysis - February 21, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 February 2016 10:08 UTC
AUDUSD stayed in a trading range between 0.6826 and 0.7439 for several months. Key resistance is at 0.7439, as long as this level 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 could be exp ...

GBPUSD Weekly Analysis - February 21, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 February 2016 10:08 UTC
GBPUSD is forming a sideways consolidation in a range between 1.4080 and 1.4668. As long as 1.4668 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.5929 (Jun 18, 2015 high), further decline to 1.3700 area is still possible after consolidation. On the ...

EURUSD Weekly Analysis - February 21, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 21 February 2016 10:07 UTC
EURUSD remains in uptrend from 1.0517, the fall from 1.1376 is likely consolidation of the uptrend. Further rise could be expected after consolidation and next target would be at 1.2000 area. Support levels are at 1.1000 and 1.0700, only break below these levels could trigger another fall towards 1. ...

USDCAD Weekly Analysis - February 14, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 February 2016 05:02 UTC
USDCAD is in consolidation of the long term uptrend from 0.9406 (Jul 26, 2011 low). Range trading between 1.3400 and 1.4689 would likely be seen over the next several weeks. Support is at 1.3400, as long as this level holds, the uptrend could be expected to resume, and one more rise to 1.5000 area t ...

USDJPY Weekly Analysis - February 14, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 February 2016 05:02 UTC
USDJPY broke below 115.97 support, indicating that the long term uptrend from 75.57 (Oct 31, 2011 low) had completed at 125.85 (Jun 5, 2015 high) already. Further decline could be seen over the next several weeks, and next target would be at 105.00 area. Resistance is at 115.00, as long as this leve ...

AUDUSD Weekly Analysis - February 14, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 February 2016 05:01 UTC
AUDUSD continued its sideways movement in a range between 0.6826 and 0.7439. As long as 0.7439 resistance holds, the sideways movement could be treated as consolidation of the long term downtrend from 0.9504 (Jul 1, 2014 high), another fall towards 0.6500 could be expected after consolidation. Only ...

GBPUSD Weekly Analysis - February 14, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 February 2016 05:01 UTC
GBPUSD remains in downtrend from 1.5929 (Jun 18, 2015 high), the rise from 1.4080 is likely consolidation of the downtrend. Range trading between 1.4080 and 1.4600 would likely be seen in a couple of weeks. Resistance is at 1.4600, as long as this level holds, the downtrend could be expected to resu ...

EURUSD Weekly Analysis - February 14, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 14 February 2016 05:00 UTC
EURUSD's upward movement from 1.0517 extended to as high as 1.1376. Further rise to 1.2000 area could be expected after a minor consolidation. Support is at 1.0700, only break below this level could trigger another fall towards 1.0000.

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