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Long Term Forex Market Analysis


USDCAD Weekly Analysis - November 15, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 15 November 2015 10:29 UTC
USDCAD is facing 1.3456 resistance, a break of this level will indicate that the uptrend from 1.1919 has resumed, then the following upward movement could bring price to 1.4000 area. On the downside, as long as 1.3456 resistance holds, one more fall to 1.2500 area is still possible.

USDJPY Weekly Analysis - November 15, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 15 November 2015 10:28 UTC
USDJPY's upward movement from 116.13 extended to as high as 123.60. 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 the following upward movement could bring price to 135.00 area.

AUDUSD Weekly Analysis - November 15, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 15 November 2015 10:28 UTC
AUDUSD continued its sideways movement in a 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 could be expected after consolidation.

GBPUSD Weekly Analysis - November 15, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 15 November 2015 10:27 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 15, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 15 November 2015 10:26 UTC
EURUSD's downward movement extended to as low as 1.0674. Near term resistance is at 0.0900, as long as this level holds, the downtrend could be expected to continue, and further decline to test 1.0462 (Mar 13 low) support is possible. Key resistance is at 1.1100, only break above this level could si ...

USDCAD Weekly Analysis - November 8, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 November 2015 08:49 UTC
USDCAD's rise from 1.2831 extended to as high as 1.3317. Further rise to test 1.3456 resistance is possible next week, a break of this level will signal resumption of the uptrend from 1.1919, then next target would be at 1.4000 area. On the other side, as long as 1.3456 resistance holds, one more fa ...

USDJPY Weekly Analysis - November 8, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 November 2015 08:48 UTC
USDJPY broke above 121.62 resistance, and continued its upward movement from 116.13, and the rise extended to as high as 123.26. 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 tar ...

AUDUSD Weekly Analysis - November 8, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 November 2015 08:47 UTC
AUDUSD stayed in the trading range between 0.6907 and 0.7439. The price action in the range is likely consolidation of the downtrend from 0.9504 (Jul 1, 2014 high), another fall towards 0.6500 could be expected after consolidation. Support is at 0.6907, a breakdown below this level could signal resu ...

GBPUSD Weekly Analysis - November 8, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 November 2015 08:47 UTC
GBPUSD's downward movement from 1.5929 extended to as low as 1.5027. Further decline could be expected over the next several weeks, and next target would be at 1.4700 area. Resistance is located at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend will ...

EURUSD Weekly Analysis - November 8, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 November 2015 08:46 UTC
EURUSD continued its downward movement from 1.1713, and the fall extended to as low as 1.0705. Further decline to test 1.0462 (Mar 13 low) support could be expected, a breakdown below this level will indicate that the long term downtrend from 1.3993 (May 8, 2014 high) has resumed, then next target w ...

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