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Long Term Forex Market Analysis


USDCAD Weekly Analysis - September 27, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 27 September 2015 05:40 UTC
USDCAD broke above 1.3353 resistance, indicating that the uptrend from 1.1919 has resumed. Further rise could be expected over the next several weeks, and next target would be at 1.4000 area. Key support is now at 1.3011, only break below this level could signal completion of the uptrend.

USDJPY Weekly Analysis - September 27, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 27 September 2015 05:39 UTC
USDJPY moved sideways in a narrow range between 118.58 and 121.62. The price action in the range is likely consolidation of the uptrend from 116.13. Further rise to 125.00 area could be expected, and the target would be at 125.00 area. Key support is at 116.13, only a break below this level could br ...

AUDUSD Weekly Analysis - September 27, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 27 September 2015 05:39 UTC
AUDUSD remains in downtrend from 0.9504 (Jul 1, 2014 high), the rise from 0.6907 is likely consolidation of the downtrend. Range trading between 0.6907 and 0.7439 could be seen over the next several weeks. Key resistance is at 0.7439, as long as this level holds, the downtrend could be expected to r ...

GBPUSD Weekly Analysis - September 27, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 27 September 2015 05:38 UTC
GBPUSD broke below 1.5165 support, indicating that the downtrend from 1.5929 has resumed. Further decline could be expected over the next several weeks, and next target would be at 1.4700 area. Resistance levels are at 1.5400 and 1.5660, only break above these levels could trigger another rise towar ...

EURUSD Weekly Analysis - September 27, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 27 September 2015 05:37 UTC
EURUSD is facing 1.1087 support, a breakdown below this level will signal resumption of the downtrend from 1.1713, then next target would be at 1.0600 area. Resistance levels are at 1.1460 and 1.1713, only break above these levels could trigger anther rise towards 1.2500.

USDCAD Weekly Analysis - September 20, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 September 2015 06:57 UTC
USDCAD stays in the upward price channel on daily chart, and remains in uptrend from 1.1919, the fall from 1.3353 is likely consolidation of the uptrend. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.4000 area. Key support is at 1.2860 ...

USDJPY Weekly Analysis - September 20, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 September 2015 06:56 UTC
USDJPY is in uptrend from 116.13, the fall from 121.62 is likely correction of the uptrend. Further rise could be expected after correction, and next target would be at 125.00 area. Key support is at 116.13, only a break below this level could bring price to 110.00 area.

AUDUSD Weekly Analysis - September 20, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 September 2015 06:55 UTC
AUDUSD broke above the downward trend line on daily chart, indicating that consolidation for the downtrend from 0.9504 (Jul 1, 2014 high) is underway. Range trading between 0.6907 and 0.7439 would likely be seen over the next several weeks. As long as 0.7439 resistance holds, the downtrend could be ...

GBPUSD Weekly Analysis - September 20, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 September 2015 06:54 UTC
GBPUSD remains in downtrend from 1.5929, the rise from 1.5165 is likely consolidation of the downtrend. Further decline is possible and next target would be at 1.4700 area. Key resistance is at 1.5929, only break above this level could trigger another rise towards 1.6500.

EURUSD Weekly Analysis - September 20, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 20 September 2015 06:53 UTC
EURUSD is in downtrend from 1.1713, the rise from 1.1087 could be treated as correction of the downtrend. Further decline is still possible after correction, and next target would be at 1.0600 area. Key resistance is at 1.1713, only break above this level could trigger anther rise towards 1.2500.

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