USDCAD Weekly Analysis – March 1, 2015
USDCAD remains in uptrend from 1.0619 (Jul 3, 2014 low), the fall from 1.2797 is likely consolidation of the uptrend. Key support is at the upward trend line on daily chart, as long as the trend line...
Month: March 2015
USDJPY Weekly Analysis – March 1, 2015
USDJPY is forming a sideways consolidation in a range between 115.56 and 121.84. Another rise towards 130.00 could be expected after consolidation, and a break of 121.84 resistance could signal resumption of the uptrend from 101.06 (Jul...
AUDUSD Weekly Analysis – March 1, 2015
AUDUSD is facing the resistance of the downward trend line on daily chart. As long as the trend line resistance holds, the bounce from 0.7625 could be treated as consolidation of the downtrend from 0.9504 (Jul 1,...
GBPUSD Weekly Analysis – March 1, 2015
GBPUSD continued its upward movement from 1.4950, and the rise extended to as high as 1.5551. Further rise is still possible, and next target would be at 1.5700 area. Near term support is now at 1.5300, only...
EURUSD Weekly Analysis – March 1, 2015
EURUSD stayed in the trading range between 1.1097 and 1.1533. As long as 1.1533 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3993 (May 8, 2014 high), another...