AUDUSD Daily Analysis – November 1, 2016
AUDUSD rebounded from the bottom of the price channel on 4-hour chart. Further rise would likely be seen in a couple of days, and the target would be at the top of the price channel. Support is...
Month: November 2016
GBPUSD Daily Analysis – November 1, 2016
GBPUSD moved sideways in a narrow range between 1.2082 and 1.2332 for several weeks. The sideways movement is likely consolidation of the downtrend from 1.3445 (Sept 6 high). As long as the downward trend line resistance holds,...
EURUSD Daily Analysis – November 1, 2016
EURUSD remains in uptrend from 1.0851, the fall from 1.0991 is likely consolidation of the uptrend. Near term support is at 1.0925, as long as this level holds, the uptrend could be expected to continue, and next...