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USDCAD Daily Analysis - December 1, 2016

Short Term Forex Analysis | by ForexCycle.com | Thursday, 01 December 2016 02:43 UTC
USDCAD's downward movement from 1.3588 extended to as low as 1.3356. Further decline is still possible, and next target would be at 1.3250 area. Resistance is at 1.3540, only break above this level could trigger another another rise towards 1.3800.

USDJPY Daily Analysis - December 1, 2016

Short Term Forex Analysis | by ForexCycle.com | Thursday, 01 December 2016 02:43 UTC
USDJPY broke above 113.89 resistance, indicating that the uptrend from 101.18 has resumed. Further rise could be expected, and next target would be at 118.00 area. Near term support is at 112.15, as long as this level holds, the uptrend will continue. Key support is at 111.35, only break below this ...

AUDUSD Daily Analysis - December 1, 2016

Short Term Forex Analysis | by ForexCycle.com | Thursday, 01 December 2016 02:42 UTC
AUDUSD's upward movement from 0.7310 had completed at 0.7497 already. The subsequent fall is likely resumption of the downtrend from 0.7778. Further decline to test 0.7310 is possible in a couple of days, a breakdown below this level will confirm that the downtrend has resumed, then next target woul ...

GBPUSD Daily Analysis - December 1, 2016

Short Term Forex Analysis | by ForexCycle.com | Thursday, 01 December 2016 02:41 UTC
GBPUSD's upward movement from 1.2302 extended to as high as 1.2540. Further rise is still possible and next target would be at 1.2600 area. Support is at 1.2400, a breakdown below this level will signal completion of the uptrend, then the following downward movement could bring price to 1.2000 area. ...

EURUSD Daily Analysis - December 1, 2016

Short Term Forex Analysis | by ForexCycle.com | Thursday, 01 December 2016 02:41 UTC
EURUSD is in consolidation of the downtrend from 1.1299. Range trading between 1.0518 and 1.0800 would likely be seen in a couple of days. Resistance is at 1.0800, as long as this level holds, the downtrend could be expected to resume, and another fall to test 1.0462 (Mar 13, 2015 low) support is st ...

AUDUSD Daily Analysis - November 29, 2016

Short Term Forex Analysis | by ForexCycle.com | Tuesday, 29 November 2016 03:17 UTC
AUDUSD's upward movement from 0.7310 extended to as high as 0.7497. Resistance is at 0.7550, as long as this level holds, the rise would possibly be correction of the downtrend from 0.7778, another fall to 0.7200 area is still possible after correction.

GBPUSD Daily Analysis - November 29, 2016

Short Term Forex Analysis | by ForexCycle.com | Tuesday, 29 November 2016 03:16 UTC
GBPUSD's bounce from 1.2302 had completed at 1.2531 already. The subsequent fall is likely resumption of the downtrend from 1.2673. Further decline would likely be seen over the next several days, and the target would be at 1.2000 area.

EURUSD Daily Analysis - November 29, 2016

Short Term Forex Analysis | by ForexCycle.com | Tuesday, 29 November 2016 03:16 UTC
EURUSD broke above 1.0657 resistance, indicating that the downtrend from 1.1299 had completed at 1.0518 already. Further rally is possible in a couple of days, and the target would be at 1.0800 area. Resistance is now at 1.0800, as long as this level holds, the downtrend could be expected to resume, ...

USDCAD Daily Analysis - November 28, 2016

Short Term Forex Analysis | by ForexCycle.com | Monday, 28 November 2016 02:21 UTC
USDCAD remains in downtrend from 1.3588, the rise from 1.3377 is likely consolidation of the downtrend. Another fall to 1.3250 area to complete the downward movement is possible.

USDJPY Daily Analysis - November 28, 2016

Short Term Forex Analysis | by ForexCycle.com | Monday, 28 November 2016 02:20 UTC
USDJPY broke below the upward trend line on 4-hour chart, indicating that consolidation of the uptrend from 101.18 is underway. Range trading between 109.00 and 113.89 would likely be seen over the next several days. Support is at 109.00, as long as this level holds, the uptrend could be expected to ...

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