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USDCAD Daily Analysis - October 24, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 24 October 2014 03:27 UTC
USDCAD remains in uptrend from 1.0810 (Aug 29 low), the fall from 1.1385 is likely consolidation of the uptrend. Deeper decline is still possible, and the target would be at 1.1150 area. Resistance is at 1.1300, a break above this level will indicate that the uptrend from 1.0810 has resumed, then an ...

USDCHF Daily Analysis - October 24, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 24 October 2014 03:26 UTC
USDCHF remains in uptrend from 0.9370, and the rise extended to as high as 0.9557. Further rise could be expected, and next target would be at 0.9650 area. Support is at 0.9440, only break below this level could trigger another fall to 0.9300 area.

USDJPY Daily Analysis - October 24, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 24 October 2014 03:26 UTC
USDJPY's upward movement from 105.32 extended to as high as 108.35. Support is now located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 109.00 area. Only a clear break below the trend line su ...

AUDUSD Daily Analysis - October 24, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 24 October 2014 03:25 UTC
AUDUSD is forming a sideways movement in a range between 0.8642 and 0.8898. As long as 0.8898 resistance holds, the sideways move could be treated as consolidation of the downtrend from 0.9401, another fall to 0.8400 area is still possible. Support is at 0.9642, a breakdown below this level will sig ...

GBPUSD Daily Analysis - October 24, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 24 October 2014 03:25 UTC
GBPUSD moved sideways in a range between 1.5874 and 1.6226. As long as 1.6226 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.6524, and another fall to 1.5600 area could be expected after consolidation. Support is at 1.5874, a breakdown below this le ...

EURUSD Daily Analysis - October 24, 2014

Short Term Forex Analysis | by ForexCycle.com | Friday, 24 October 2014 03:24 UTC
EURUSD's downward movement from 1.2867 extended to as low as 1.2613. Further decline to test 1.2500 support could be expected, a breakdown below this level will indicate that the longer term downtrend from 1.3700 (Jul 1 high) has resumed, then next target would be at 1.2200 area. Resistance is at 1. ...

USDCAD Daily Analysis - October 23, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 23 October 2014 02:49 UTC
After touching the channel support, USDCAD rebounded from 1.1183 indicating that the pair remains in uptrend from 1.0886, another rise to 1.1500 area could be expected. Support is now at 1.1183, only break below this level could signal completion of the uptrend.

USDCHF Daily Analysis - October 23, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 23 October 2014 02:49 UTC
USDCHF's upward movement from 0.9370 extended to as high as 0.9548. Further rise could be expected, and next target would be at 0.9650 area. Support is at 0.9440, only break below this level could trigger another fall to 0.9300 area.

USDJPY Daily Analysis - October 23, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 23 October 2014 02:48 UTC
USDJPY is facing 107.39 resistance, a break of this level will signal resumption of the uptrend from 105.32, then next target would be at 109.00 area. Support is at 106.10, only break below this level could trigger another fall to 104.00 zone.

AUDUSD Daily Analysis - October 23, 2014

Short Term Forex Analysis | by ForexCycle.com | Thursday, 23 October 2014 02:48 UTC
AUDUSD continued its sideways movement in a range between 0.8642 and 0.8898. As long as 0.8898 resistance holds, the sideways move could be treated as consolidation of the downtrend from 0.9401, another fall to 0.8400 area is still possible. Only break above 0.8898 resistance could signal completion ...

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