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USDCAD Daily Analysis - September 29, 2016

Short Term Forex Analysis | by ForexCycle.com | Thursday, 29 September 2016 03:27 UTC
USDCAD broke below 1.3130 support, indicating that the uptrend from 1.3000 had completed at 1.3280 already. Deeper decline to test 1.3000 support is possible in a couple of days, a breakdown below this level will indicate that the longer term uptrend from 1.2763 (Aug 18 low) is complete, then the fo ...

USDJPY Daily Analysis - September 29, 2016

Short Term Forex Analysis | by ForexCycle.com | Thursday, 29 September 2016 03:27 UTC
USDJPY stays below the downward trend line on 4-hour chart. As long as the trend line resistance holds, the pair is in downtrend from 104.31, and the rise from 100.08 could be treated as consolidation of the downtrend. Further decline to test 99.52 (Aug 16 low) support is still possible after consol ...

AUDUSD Daily Analysis - September 29, 2016

Short Term Forex Analysis | by ForexCycle.com | Thursday, 29 September 2016 03:26 UTC
AUDUSD continued its upward movement from 0.7441 and the rise extended to as high as 0.7710. Further rise to test 0.7731 resistance is possible. Key support is at 0.7602, only break below this level could signal completion of the uptrend.

GBPUSD Daily Analysis - September 29, 2016

Short Term Forex Analysis | by ForexCycle.com | Thursday, 29 September 2016 03:26 UTC
GBPUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend from 1.3445 could be expected to continue, and further decline to test 1.2865 (Aug 15 low) support is possible. On the other side, a clear break above the trend line ...

EURUSD Daily Analysis - September 29, 2016

Short Term Forex Analysis | by ForexCycle.com | Thursday, 29 September 2016 03:25 UTC
EURUSD is now in short term downtrend from 1.1279. Deeper decline to test 1.1123 key support is possible, and a breakdown below this level will indicate that the longer term downtrend from 1.1366 (Aug 18 high) has resumed, then next target would be at 1.1000 area. Resistance is at 1.1279, only break ...

AUDUSD Daily Analysis - September 28, 2016

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 28 September 2016 04:18 UTC
AUDUSD's upward movement from 0.7441 extended to as high as 0.7695. Key support is now at 0.7602, as long as this level holds, the uptrend could be expected to continue, and further rise to test 0.7731 resistance is still possible. On the downside, a breakdown below 0.7602 support will indicate that ...

EURUSD Daily Analysis - September 28, 2016

Short Term Forex Analysis | by ForexCycle.com | Wednesday, 28 September 2016 04:17 UTC
EURUSD broke below 1.1200 support that we mentioned yesterday, indicating that the rebound from 1.1123 had completed at 1.1279 already. Another fall to retest 1.1123 support could be expected, a breakdown below this level will signal resumption of the downtrend from 1.1366 (Aug 18 high), then next t ...

USDCAD Daily Analysis - September 27, 2016

Short Term Forex Analysis | by ForexCycle.com | Tuesday, 27 September 2016 02:11 UTC
USDCAD continued its upward movement from 1.3000, and the rise extended to as high as 1.3275. Further rise is still possible in a couple of days, and next target would be at 1.3300 area. Support is at 1.3130, only break below this level could signal completion of the uptrend.

USDJPY Daily Analysis - September 27, 2016

Short Term Forex Analysis | by ForexCycle.com | Tuesday, 27 September 2016 02:10 UTC
USDJPY's downward movement from 104.31 extended to as low as 100.08. Further decline to test 99.52 (Aug 16 low) support is possible after a minor consolidation. Resistance is at 101.30, only break above this level could bring price back to 103.00 zone.

AUDUSD Daily Analysis - September 27, 2016

Short Term Forex Analysis | by ForexCycle.com | Tuesday, 27 September 2016 02:10 UTC
AUDUSD broke below the bottom of the price channel on 4-hour chart, implying that the uptrend from 0.7441 had completed at 0.7674 already. Key support is at 0.7602, a breakdown below this level will confirm the completion of the uptrend, then the following downward movement could bring price back to ...

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