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USDCAD Daily Analysis - October 31, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 31 October 2014 02:41 UTC
USDCAD remains in downtrend from 1.1385, the rise from 1.1121 would possibly be consolidation of the downtrend. Further decline is possible, and next target would be at 1.1090 area. Resistance is at 1.1265, only break above this level will signal completion of the downtrend, then further rise to tes ...

USDCHF Daily Analysis - October 31, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 31 October 2014 02:41 UTC
USDCHF's upward movement from 0.9370 extended to as high as 0.9610. Further rise to test 0.9687 resistance could be expected. Support levels are at 0.9515, and 0.9440, only break below these levels could trigger another fall to 0.9300 zone.

USDJPY Daily Analysis - October 31, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 31 October 2014 02:40 UTC
USDJPY stays in the upward price channel on 4-hour chart, and remains in uptrend from 105.32. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 109.70 area. Key support is at 107.60, only break below this level could signal completion of the ...

AUDUSD Daily Analysis - October 31, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 31 October 2014 02:37 UTC
AUDUSD moved sideways in a trading range between 0.8642 and 0.8910. The sideways movement could be treated as consolidation of the downtrend from 0.9401, as long as 0.8910 resistance holds, another fall to 08400 area is still possible. Only break above 0.8910 resistance could signal completion of th ...

GBPUSD Daily Analysis - October 31, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 31 October 2014 02:37 UTC
GBPUSD moved sideways in a trading range between 1.5874 and 1.6226. As long as 1.6226 resistance hold, the sideways movement could be treated as consolidation of the downtrend from 1.6524, another fall to 1.5600 area could be expected after consolidation. On the upside, a break of 1.6226 resistance ...

EURUSD Daily Analysis - October 31, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 31 October 2014 02:36 UTC
EURUSD's downward movement from 1.2867 extended to as low as 1.2547. Further decline to test 1.2500 support could be expected, a breakdown below this level will signal resumption of the downtrend from 1.3700 (Jul 1 high), then next target would be at 1.2200 area. Resistance levels are at 1.2665 and ...

USDCAD Daily Analysis - October 30, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 30 October 2014 02:30 UTC
USDCAD continued its downward movement from 1.1385, and the fall extended to as low as 1.1121. Resistance is at 1.1265, as long as this level holds, further decline is still possible, and next target would be at 1.1090 area. On the upside, a break of 1.1265 resistance will indicate that the downtren ...

USDCHF Daily Analysis - October 30, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 30 October 2014 02:29 UTC
USDCHF broke above 0.9557 resistance, indicating that the uptrend from 0.9370 has resumed. Further rise to test 0.9687 resistance would likely be seen. Support is at 0.9440, only break below this level could trigger another fall to 0.9300 zone.

USDJPY Daily Analysis - October 30, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 30 October 2014 02:28 UTC
USDJPY continued its upward movement from 105.32, and the rise extended to as high as 109.11. Support is located at the bottom of the price channel on 4-hour chart, as long as the channel support holds, further rise could be expected, and next target would be at 109.70 area. Key support is at 107.60 ...

AUDUSD Daily Analysis - October 30, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 30 October 2014 02:28 UTC
After touching 0.8898 resistance, AUDUSD pulled back into the trading range between 0.8642 and 0.8898, indicating that the pair remains in downtrend from 0.9401 (Sept 5 high), and the sideways movement in the range could be treated as consolidation of the downtrend. Deeper decline to test 0.8642 cou ...

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