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Long Term Forex Market Analysis


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 ...

USDCAD Weekly Analysis - September 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 September 2016 14:30 UTC
USDCAD is testing the resistance of the price channel on daily chart. A clear break above the channel resistance could bring price to 1.3600 zone. Near term support is at 1.3100, a breakdown below this level could trigger another fall to the bottom of the channel.

USDJPY Weekly Analysis - September 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 September 2016 14:30 UTC
USDJPY continued its sideways movement in a range between 98.97 and 107.48. As long as 107.48 resistance holds, the price action in the trading range could be treated as consolidation of the downtrend from 123.75 (Nov 18, 2015 high), and another fall towards 90.00 is possible after consolidation.

AUDUSD Weekly Analysis - September 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 September 2016 14:29 UTC
AUDUSD is in downtrend from 0.7755, the rise from 0.7441 is likely consolidation of the downtrend. Another fall could be expected, and next target would be at 0.6900 zone. Resistance is at 0.7755, only break above this level could bring price to 0.8000 zone.

GBPUSD Weekly Analysis - September 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 September 2016 14:29 UTC
GBPUSD is facing 1.2795 support again, a breakdown below this level will indicate that the downtrend from 1.5016 has resumed, then next target would be at 1.2000 zone. On the other side, rebound is possible before breaking below 1.2795 support, and a break above 1.3140 level could bring price back t ...

EURUSD Weekly Analysis - September 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 September 2016 14:28 UTC
EURUSD moved sideways in a narrow range between 1.1122 and 1.1366. As long as 1.1122 support holds, the sideways movement could possibly be consolidation of the uptrend from 1.0911, another rise towards 1.2000 is still possible after consolidation. On the downside, a breakdown below 1.1122 support w ...

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