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USDCAD Daily Analysis - November 21, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 21 November 2014 01:57 UTC
After touching the downward trend line on 4-hour chart, USDCAD pulled back from 1.1369, indicating that the pair remains in downtrend from 1.1466. Further decline would likely be seen, and next target would be at 1.1200 area. Resistance is now at 1.1369, only break above this level could trigger ano ...

USDCHF Daily Analysis - November 21, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 21 November 2014 01:56 UTC
USDCHF stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9739, the rise from 0.9531 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.9500 area. ...

USDJPY Daily Analysis - November 21, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 21 November 2014 01:56 UTC
USDJPY stays in the upward price channel on 4-hour chart, and remains in uptrend from 105.32, the fall from 118.97 is likely conolidation of the uptrend. Support is at the bottom of the channel, as long as the channel support holds, the uptrend could be expected to continue, and next target would be ...

AUDUSD Daily Analysis - November 21, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 21 November 2014 01:55 UTC
AUDUSD is facing 0.8540 support, a breakdown below this level will indicate that the downtrend from 0.8910 has resumed, then next target would be at 0.8400 area. Resistance is at 0.8670, as long as this level holds, the downtrend from 0.8795 will continue.

GBPUSD Daily Analysis - November 21, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 21 November 2014 01:54 UTC
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.6182, and the rise from 1.5590 could be treated as consolidation of the downtrend. Resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be ...

EURUSD Daily Analysis - November 21, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 21 November 2014 01:53 UTC
EURUSD remains in uptrend from 1.2358, the fall from 1.2599 could be treated as consolidation of the downtrend. Support is located at the rising trend line on 4-hour chart. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.2650 area. On ...

USDCAD Daily Analysis - November 20, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 20 November 2014 04:17 UTC
USDCAD is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will signal completion of the downtrend from 1.1466, then the following upward movement could bring price to 1.1600 zone. On the downside, as long as the trend line resistance ho ...

USDCHF Daily Analysis - November 20, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 20 November 2014 04:15 UTC
USDCHF's downward movement from 0.9739 extended to as low as 0.9531. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.9500 area. Resistance is located at the downward trend line on 4-hour chart, only a clear break above the trend ...

USDJPY Daily Analysis - November 20, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 20 November 2014 04:14 UTC
USDJPY continued its upward movement from 105.32, and the rise extended to as high as 118.36. Near term support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 120.00 area. Key support is at ...

AUDUSD Daily Analysis - November 20, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 20 November 2014 04:14 UTC
AUDUSD's fall from 0.8795 extended to as low as 0.8585. Deeper decline to test 0.8540 would likely be seen, a breakdown below this level will indicate that the longer term downtrend from 0.8910 has resumed, then next target would be at 0.8400 area. Resistance is at 0.8670, as long as this level hold ...

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