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USDCAD Daily Analysis - October 23, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 23 October 2014 02:49 UTC
After touching the channel support, USDCAD rebounded from 1.1183 indicating that the pair remains in uptrend from 1.0886, another rise to 1.1500 area could be expected. Support is now at 1.1183, only break below this level could signal completion of the uptrend.

USDCHF Daily Analysis - October 23, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 23 October 2014 02:49 UTC
USDCHF's upward movement from 0.9370 extended to as high as 0.9548. Further rise could be expected, and next target would be at 0.9650 area. Support is at 0.9440, only break below this level could trigger another fall to 0.9300 area.

USDJPY Daily Analysis - October 23, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 23 October 2014 02:48 UTC
USDJPY is facing 107.39 resistance, a break of this level will signal resumption of the uptrend from 105.32, then next target would be at 109.00 area. Support is at 106.10, only break below this level could trigger another fall to 104.00 zone.

AUDUSD Daily Analysis - October 23, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 23 October 2014 02:48 UTC
AUDUSD continued its sideways movement in a range between 0.8642 and 0.8898. As long as 0.8898 resistance holds, the sideways move could be treated as consolidation of the downtrend from 0.9401, another fall to 0.8400 area is still possible. Only break above 0.8898 resistance could signal completion ...

GBPUSD Daily Analysis - October 23, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 23 October 2014 02:47 UTC
GBPUSD failed to break above 1.6226 resistance, and stayed in the trading range between 1.5874 and 1.6226. As long as 1.6226 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.6524, another fall to 1.5600 area could be expected after the sideway ...

EURUSD Daily Analysis - October 23, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 23 October 2014 02:46 UTC
EURUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 1.2500 had completed at 1.2867 already. Further decline to test 1.2500 support would likely be seen, a breakdown below this level will signal resumption of the downtrend from 1.3700 (Jul 1 high), then next tar ...

USDCAD Daily Analysis - October 22, 2014

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 22 October 2014 03:24 UTC
USDCAD is facing the support of the price channel on 4-hour chart, a clear break below the channel support could signal completion of the uptrend from 1.0886, then deeper decline to 1.0800 area could be seen. On the upside, as long as the channel support holds, the fall from 1.1385 could be treated ...

USDCHF Daily Analysis - October 22, 2014

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 22 October 2014 03:24 UTC
USDCHF broke above the downward trend line on 4-hour chart, indicating that the downtrend from 0.9687 had completed at 0.9370 already. Further rise could be expected, and next target would be at 0.9650 area. Support is at 0.9440, only break below this level could trigger another fall to 0.9300 area. ...

USDJPY Daily Analysis - October 22, 2014

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 22 October 2014 03:23 UTC
USDJPY remains in uptrend from 105.32, the fall from 107.39 is likely consolidation of the uptrend. Further rise could be expected, and next target would be at 109.00 area. Support is at 106.10, only break below this level could trigger another fall to 104.00 zone.

AUDUSD Daily Analysis - October 22, 2014

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 22 October 2014 03:22 UTC
AUDUSD moved sideways in a range between 0.8642 and 0.8898. As long as 0.8898 resistance holds, the price action in the range could be treated as consolidation of the downtrend, and another fall to 0.8400 area is possible. Only break above 0.8898 resistance could signal completion of the downtrend. ...

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