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Long Term Forex Market Analysis


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.

USDCAD Weekly Analysis - February 7, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 February 2016 05:48 UTC
USDCAD remains in long term uptrend from 0.9406 (Jul 26, 2011 low), the fall from 1.4689 could be treated as consolidation of the uptrend. Range trading between 1.3400 and 1.4689 would likely be seen over the next several weeks.

USDJPY Weekly Analysis - February 7, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 February 2016 05:48 UTC
USDJPY is facing 115.97 support, a breakdown below this level will indicate that the long term uptrend from 75.57 (Oct 31, 2011 low) had completed at 125.85 (Jun 5, 2015 high) already, then next target would be at 100.00 area. On the upside, as long as 115.97 support holds, the price action from 125 ...

AUDUSD Weekly Analysis - February 7, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 February 2016 05:47 UTC
AUDUSD's bounce from 0.6826 extended to as high as 0.7242. Further rise to test 0.7439 resistance is possible next week. However, as long as 0.7439 resistance holds, the price action from 0.6907 could be treated as consolidation of the long term downtrend from 0.9504 (Jul 1, 2014 high), another fall ...

GBPUSD Weekly Analysis - February 7, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 February 2016 05:47 UTC
GBPUSD's bounce from 1.4080 extended to as high as 1.4591. As long as 1.4600 resistance holds, the bounce could be treated as consolidation of the downtrend from 1.5929 (Jun 18, 2015 high), another fall towards 1.3700 could be expected after consolidation.

EURUSD Weekly Analysis - February 7, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 07 February 2016 05:45 UTC
After consolidation, EURUSD continued its upward movement from 1.0517, and the rise extended to as high as 1.1248. Further rise could be expected, and next target would be at 1.2000 area. Support is at 1.0700, only break below this level could signal completion of the uptrend.

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