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USDCAD Daily Analysis - November 26, 2014

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 26 November 2014 03:37 UTC
USDCAD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.1466, the rise from 1.1191 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the downtrend could be expected to continue, and deeper decline to test 1.1121 suppor ...

USDCHF Daily Analysis - November 26, 2014

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 26 November 2014 03:36 UTC
USDCHF failed to break above 0.9739 resistance, and stayed in the trading range between 0.9531 and 0.9739. Another rise to test 0.9739 resistance would likely be seen, a break of this level will signal resumption of the uptrend from 0.9370, then the following upward movement could bring price to 1.0 ...

USDJPY Daily Analysis - November 26, 2014

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 26 November 2014 03:36 UTC
USDJPY is facing the support of the bottom of the price channel on 4-hour chart. As long as the channel support holds, the uptrend from 105.32 could be expected to continue and next target would be at 120.00 area. On the downside, a clear break below the channel support will indicate that the uptren ...

AUDUSD Daily Analysis - November 26, 2014

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 26 November 2014 03:35 UTC
AUDUSD broke below 0.8540 support, indicating that the downtrend from 0.8910 has resumed. Further decline could be expected over the next several days, and next target would be at 0.8300 area. Resistance is at 0.8600, only break above this level will indicate that lengthier sideways movement is unde ...

GBPUSD Daily Analysis - November 26, 2014

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 26 November 2014 03:34 UTC
GBPUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the rise from 1.5590 could be treated as consolidation of the downtrend from 1.6182, another fall to 1.5400 area could be expected after consolidation. Only a clear break above the ...

EURUSD Daily Analysis - November 26, 2014

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 26 November 2014 03:34 UTC
EURUSD failed to break below 1.3258 support and stayed in the trading range between 1.2358 and 1.2599. As long as 1.2599 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.2867, another fall to 1.2000 area could be expected after consolidation. ...

USDCAD Daily Analysis - November 24, 2014

Short Term Forex Analysis | by ForexCycle.com | Monday, 24 November 2014 03:18 UTC
USDCAD's downward movement from 1.1466 extended to as low as 1.1191. Further decline to test 1.1121 support could be expected. Resistance is at the downward trend line on 4-hour chart, only a clear break above the trend line resistance could signal completion of the downtrend.

USDCHF Daily Analysis - November 24, 2014

Short Term Forex Analysis | by ForexCycle.com | Monday, 24 November 2014 03:18 UTC
USDCHF is facing 0.9739 resistance, a break of this level will signal resumption of the uptrend from 0.9370, then the following upward movement could bring price to 1.0000 area. Support is at 0.9660, only break below this level will indicate that lengthier sideways movement is underway, then deeper ...

USDJPY Daily Analysis - November 24, 2014

Short Term Forex Analysis | by ForexCycle.com | Monday, 24 November 2014 03:17 UTC
USDJPY remains in uptrend from 105.32, the fall from 118.97 is likely consolidation of the uptrend. Support is located at the bottom of the price channel on 4-hour chart, as long as the channel support holds, the uptrend could be expected to continue, and next target would be at 120.00 area. However ...

AUDUSD Daily Analysis - November 24, 2014

Short Term Forex Analysis | by ForexCycle.com | Monday, 24 November 2014 03:17 UTC
AUDUSD failed to break below 0.8540 support, and stayed in the trading range between 0.8540 and 0.8795. Further rise to test 0.8795 resistance would likely be seen, a break of this level will signal resumption of the uptrend from 0.8540, then next target would be at 0.8880 area.

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