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USDCAD Daily Analysis - July 24, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 24 July 2014 03:43 UTC
USDCAD moved sideways in a trading range between 1.0707 and 1.0794. As long as 1.0707 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0619, another rise to 1.0850 area is still possible. On the downside, a breakdown below 1.0707 support will signa ...

USDCHF Daily Analysis - July 24, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 24 July 2014 03:42 UTC
USDCHF remains in uptrend from 0.8897. Further rise could be expected after a minor consolidation, and next target would be at 0.9100 area. Key support is at 0.8968, only break below this level could signal completion of the uptrend.

USDJPY Daily Analysis - July 24, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 24 July 2014 03:42 UTC
USDJPY stays in a trading range between 101.06 and 101.78. As long as 101.78 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 102.79 (Jun 4 high), another fall to test 100.75 support could be expected after consolidation. On the upside, a break ...

AUDUSD Daily Analysis - July 24, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 24 July 2014 03:41 UTC
AUDUSD broke above 0.9455 resistance. Further rise to test 0.9504 resistance could be seen, a break above this level will signal resumption of the longer term uptrend from 0.8660 (Jan 24 low), then next target would be at 0.9600 area.

GBPUSD Daily Analysis - July 24, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 24 July 2014 03:40 UTC
GBPUSD's downward movement from 1.7190 extended to as low as 1.7023. Further decline could be expected, and next target would be at 1.6850 area. Resistance levels are at 1.7120 and 1.7190, only break above these levels could trigger another rise to 1.7500 area.

EURUSD Daily Analysis - July 24, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 24 July 2014 03:39 UTC
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3650. Further decline could be expected, and next target would be at 1.3300 area. Only a clear break above the trend line resistance could signal completion of the downtrend.

USDCAD Daily Analysis - July 23, 2014

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 23 July 2014 07:32 UTC
USDCAD broke below the bottom of the price channel on 4-hour chart. Next support level is at 1.0707, as long as this level holds, the fall from 1.0794 could be treated as consolidation of the uptrend from 1.0619, another rise to 1.0850 area is still possible. Only break below 1.0707 support could si ...

USDCHF Daily Analysis - July 23, 2014

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 23 July 2014 07:31 UTC
USDCHF's upward movement from 0.8897 extended to as high as 0.9029. Further rise could be expected after a minor consolidation, and next target would be at 0.9100 area. Key support is at 0.8968, only break below this level could signal completion of the uptrend.

USDJPY Daily Analysis - July 23, 2014

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 23 July 2014 07:30 UTC
USDJPY continued its sideways movement in a range between 101.06 and 101.78. The price action in the range is likely consolidation of the downtrend from 102.79 (Jun 4 high), another fall to test 100.75 support is possible after consolidation. Only break above 101.78 resistance will indicate that the ...

AUDUSD Daily Analysis - July 23, 2014

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 23 July 2014 07:30 UTC
AUDUSD is facing 0.9455 resistance, a break above this level will signal resumption of the uptrend from 0.9208, then next target would be at 0.9600 area. However, as long as 0.9455 resistance holds, the bounces from 0.9328 could be treated as consolidation of the downtrend from 0.9504, another fall ...

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