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USDCAD Daily Analysis - January 30, 2015

Short Term Forex Analysis | by ForexCycle.com | Friday, 30 January 2015 03:53 UTC
USDCAD continued its upward movement from 1.1803, and the rise extended to as high as 1.2677. Key support is now at 1.2380, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.2800 area.

USDJPY Daily Analysis - January 30, 2015

Short Term Forex Analysis | by ForexCycle.com | Friday, 30 January 2015 03:52 UTC
USDJPY stays in a narrow range between 117.17 and 118.86. Near term support is at 117.17, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 115.85, another rise to test 120.82 resistance is still possible after consolidation.

AUDUSD Daily Analysis - January 30, 2015

Short Term Forex Analysis | by ForexCycle.com | Friday, 30 January 2015 03:51 UTC
AUDUSD's downward movement from 0.8294 extended to as low as 0.7719. Resistance is now at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.7500 area.

GBPUSD Daily Analysis - January 30, 2015

Short Term Forex Analysis | by ForexCycle.com | Friday, 30 January 2015 03:51 UTC
GBPUSD failed to break above the top of the price channel on 4-hour chart, indicating that the price action from 1.5034 could be treated as consolidation of the downtrend from 1.5785, another fall to toward 1.4500 could be expected after consolidation. Key resistance is at 1.5268, only break above t ...

EURUSD Daily Analysis - January 30, 2015

Short Term Forex Analysis | by ForexCycle.com | Friday, 30 January 2015 03:50 UTC
EURUSD is facing the resistance of the downward trend line on 4-hour chart, a clear break above the trend line resistance will indicate that the downtrend from 1.2569 had completed at 1.1097 already, then further rally to 1.1600 area could be seen. However, as long as the trend line resistance holds ...

USDCAD Daily Analysis - January 29, 2015

Short Term Forex Analysis | by ForexCycle.com | Thursday, 29 January 2015 01:24 UTC
USDCAD's upward movement from 1.1560 extended to as high as 1.2536. 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 1.2700 area. Key support is at 1.2300, only break below t ...

USDJPY Daily Analysis - January 29, 2015

Short Term Forex Analysis | by ForexCycle.com | Thursday, 29 January 2015 01:24 UTC
USDJPY continued its sideways movement in a narrow range between 117.17 and 118.86. Near term support is at 117.17, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 115.85, another rise to test 120.82 resistance is still possible after consolid ...

AUDUSD Daily Analysis - January 29, 2015

Short Term Forex Analysis | by ForexCycle.com | Thursday, 29 January 2015 01:23 UTC
AUDUSD is facing 0.7857 support, a breakdown below this level will indicate that the downtrend from 0.8294 has resumed, then next target would be at 0.7700 area. On the other side, as long as 0.7857 support holds, range trading between 0.7857 and 0.8100 could be expected to continue.

GBPUSD Daily Analysis - January 29, 2015

Short Term Forex Analysis | by ForexCycle.com | Thursday, 29 January 2015 01:22 UTC
GBPUSD is testing the resistance of the top of the price channel on 4-hour chart. As long as the channel resistance holds, the price action from 1.5034 could be treated as consolidation of the downtrend from 1.5785, another fall towards 1.4500 is still possible after consolidation. Key resistance is ...

EURUSD Daily Analysis - January 29, 2015

Short Term Forex Analysis | by ForexCycle.com | Thursday, 29 January 2015 01:20 UTC
EURUSD remains in downtrend from 1.2569. As long as the trend line resistance holds, the rise from 1.1097 could be treated as consolidation of the downtrend, and another fall towards 1.0500 is still possible after consolidation. Only a clear break above the trend line resistance could signal complet ...

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