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USDCAD Daily Analysis - April 13, 2015

Short Term Forex Analysis | by ForexCycle.com | Monday, 13 April 2015 02:59 UTC
USDCAD continued its sideways movement in a range between 1.2352 and 1.2835. The price action in the range is likely consolidation of the long term uptrend from 1.0619 (Jul 3, 2014 low). Another rise to test 1.2835 resistance would likely be seen, a break of this level will signal resumption of the ...

USDJPY Daily Analysis - April 13, 2015

Short Term Forex Analysis | by ForexCycle.com | Monday, 13 April 2015 02:59 UTC
USDJPY is now in uptrend from 118.33. Further rise could be expected after a minor consolidation, and next target would be at 121.50 area. Support is at 119.50, only break below this level could trigger another fall to 116.50 area.

AUDUSD Daily Analysis - April 13, 2015

Short Term Forex Analysis | by ForexCycle.com | Monday, 13 April 2015 02:58 UTC
AUDUSD's bounce from 0.7532 extended to as high as 0.7738. As long as 0.7750 resistance holds, the bounce could be treated as consolidation of the downtrend from 0.7938, another fall to 0.7400 area could be expected after consolidation.

GBPUSD Daily Analysis - April 13, 2015

Short Term Forex Analysis | by ForexCycle.com | Monday, 13 April 2015 02:57 UTC
GBPUSD broke below 1.4634 support. Further decline could be expected, and next target would be at 1.4400 area. Resistance is at 1.4735, only break above this level will indicate that the downtrend from 1.4994 is complete, then another rise to 1.5000 area could be seen.

EURUSD Daily Analysis - April 13, 2015

Short Term Forex Analysis | by ForexCycle.com | Monday, 13 April 2015 02:57 UTC
EURUSD's downward movement from 1.1052 extended to as low as 1.0567. Further decline to test 1.0462 support is possible, a breakdown below this level will confirm that the long term downtrend from 1.3993 (May 8, 2014 high) has resumed, then the following downward movement could bring price to 1.0000 ...

USDCAD Daily Analysis - April 8, 2015

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 08 April 2015 02:52 UTC
USDCAD is facing 1.2410 support, a breakdown below this level will signal resumption of the downtrend from 1.2835, then next target would be at 1.2200 area. Resistance is at 1.2575, only break above this level could bring price back to test 1.2835 resistance.

USDJPY Daily Analysis - April 8, 2015

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 08 April 2015 02:52 UTC
USDJPY broke above 120.36 resistance, indicating that the downward movement from 122.02 had completed at 118.33 already. Further rise could be expected, and next target would be at 121.50 area. Support is at 119.50, only break below this level could trigger another fall to 116.50 area.

AUDUSD Daily Analysis - April 8, 2015

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 08 April 2015 02:51 UTC
No changed in our view, AUDUSD remains in downtrend from 0.7938, the rise from 0.7532 could be treated as consolidation of the downtrend. Resistance is at 0.7750, as long as this level holds, the downtrend could be expected to resume, and next target would be at 0.7400 area.

GBPUSD Daily Analysis - April 8, 2015

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 08 April 2015 02:51 UTC
GBPUSD moved sideways in a trading range between 1.4739 and 1.4994. Resistance is at 1.4994, a break of this level will signal resumption of the uptrend from 1.4634, then further rise to 1.5200 area could be seen. Support is at 1.4739, below this level will indicate that the long term downtrend from ...

EURUSD Daily Analysis - April 8, 2015

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 08 April 2015 02:49 UTC
EURUSD stayed in the trading range between 1.0713 and 1.1052. Resistance is at 1.1052, a break of this level will signal resumption of the uptrend from 1.0462, then next target would be at 1.1150 - 1.1200 area. Support is at 1.0713, below this level will indicate that the long term downtrend from 1. ...

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