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USDCAD Daily Analysis - February 27, 2015

Short Term Forex Analysis | by ForexCycle.com | Friday, 27 February 2015 02:06 UTC
USDCAD failed to break below 1.2352 support, indicating that the pair remains in uptrend from 1.1191 (Nov 21, 2014 low), and the price action from 1.2797 could be treated as consolidation of the uptrend. Sideways movement in a range between 1.2352 and 1.2797 could be expected to continue in a couple ...

USDJPY Daily Analysis - February 27, 2015

Short Term Forex Analysis | by ForexCycle.com | Friday, 27 February 2015 02:05 UTC
No changed in our view, USDJPY is in downtrend from 120.47, the bounce from 118.23 is likely consolidation of the downtrend. Further decline could be expected after consolidation, and the target would be at 116.50 area. Support is at 118.23, a breakdown below this level could signal resumption of th ...

AUDUSD Daily Analysis - February 27, 2015

Short Term Forex Analysis | by ForexCycle.com | Friday, 27 February 2015 02:05 UTC
AUDUSD is facing the support of the upward trend line on 4-hour chart, a clear break below the trend line support will signal resumption of the downtrend from 0.8294 (Jan 15 high), then the following downward movement could bring price to 0.7000 area. However, as long as the trend line support holds ...

GBPUSD Daily Analysis - February 27, 2015

Short Term Forex Analysis | by ForexCycle.com | Friday, 27 February 2015 02:04 UTC
GBPUSD is facing the support of the upward trend line on 4-hour chart, a clear break below the trend line support will indicate that the uptrend from 1.4950 had completed at 1.5551 already, then deeper decline to 1.5000 area could be seen. However, as long as the trend line support holds, the fall f ...

EURUSD Daily Analysis - February 27, 2015

Short Term Forex Analysis | by ForexCycle.com | Friday, 27 February 2015 02:04 UTC
EURUSD broke below 1.1261 support, further decline to test 1.1097 support could be seen, a breakdown below this level will confirm that the downtrend from 1.2569 (Dec 16, 2014 high) has resumed, then the following downward movement could bring price to 1.0500 area.

USDCAD Daily Analysis - February 26, 2015

Short Term Forex Analysis | by ForexCycle.com | Thursday, 26 February 2015 03:35 UTC
USDCAD is facing 1.2352 support again, a breakdown below this level will bring price to 1.2200 area. However, as long as 1.2352 support holds, the price action from 1.2797 could be treated as consolidation of the uptrend from 1.1191 (Nov 21, 2014 low), one more rise to 1.3000 area is still possible ...

USDJPY Daily Analysis - February 26, 2015

Short Term Forex Analysis | by ForexCycle.com | Thursday, 26 February 2015 03:34 UTC
USDJPY is in downtrend from 120.47, the bounce from 118.23 is likely consolidation of the downtrend. Further decline could be expected after consolidation, and the target would be at 116.50 area. Support is at 118.23, a breakdown below this level could signal resumption of the downtrend.

AUDUSD Daily Analysis - February 26, 2015

Short Term Forex Analysis | by ForexCycle.com | Thursday, 26 February 2015 03:31 UTC
AUDUSD broke above 0.7875 resistance, indicating that lengthier consolidation of the downtrend from 0.8294 is underway. Further rise could be expected, and the target would be at 0.8000 area. On the downside, a clear break below the trend line support signal resumption of the downtrend from 0.8294, ...

GBPUSD Daily Analysis - February 26, 2015

Short Term Forex Analysis | by ForexCycle.com | Thursday, 26 February 2015 03:30 UTC
GBPUSD's upward movement from 1.4950 extended to as high as 1.5551. Further rise could be expected, and next target would be at 1.5650 area. Support is located at the upward trend line on 4-hour chart, only a clear break below the trend line support could signal completion of the uptrend.

EURUSD Daily Analysis - February 26, 2015

Short Term Forex Analysis | by ForexCycle.com | Thursday, 26 February 2015 03:30 UTC
EURUSD continued its sideways movement in a range between 1.1261 and 1.1450. The price action in the range is likely consolidation of the downtrend from 1.1534, further decline to test 1.1097 support is possible after consolidation.

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