Buy NZD/USD @ 0.71917 By Signal Factory
Buy NZD/USD @ 0.71917 By Signal Factory | SL:0.71517 | TP:0.72717 | 2017.01.20 08:00 GMT Provided by signalfactory.com
Month: January 2017
USDJPY Downtrend Channel (Jan 20, 2017)
USDJPY continues to trend lower on its 1-hour time frame, moving inside a descending channel connecting the latest highs and lows. Price is currently bouncing off the channel resistance at the 115.50 minor psychological level and could...
USD/JPY Forecast January 20, 2017, Technical Analysis
The USD/JPY pair broke higher on Thursday, clearing the 115 handle again. This looks as if it is a sign that the market is going to continue to go to the upside, and thus we will reach...
USD/CAD Forecast January 20, 2017, Technical Analysis
The USD/CAD pair broke out to the upside, slicing through the previous uptrend. The massive green candle suggests that we are going to continue to see quite a bit of volatility. If we can break above the...
GBP/USD Forecast January 20, 2017, Technical Analysis
The GBP/USD para rallied a bit during the session on Thursday, as we continue to grind sideways overall. At this point, it looks as if the markets are trying to figure out where to go next, but...
EUR/USD Forecast January 20, 2017, Technical Analysis
The EUR/USD pair initially tried to rally during the day on Thursday, but turned around to show signs of weakness. The 50-day exponential moving average is now looking to offer resistance, this being the case, the market...
AUD/USD Forecast January 20, 2017, Technical Analysis
The Australian dollar rallied on Thursday, showing that the 0.75 level as support. As we continue to grind back and forth just above the 0.75 level again as we see so much in the way of volatility...
Sell EUR/AUD @ 1.41026 By Signal Factory
Sell EUR/AUD @ 1.41026 By Signal Factory | SL:1.41426 | TP:1.40226 | 2017.01.20 05:16 GMT Provided by signalfactory.com
USDCAD Daily Analysis – January 20, 2017
USDCAD remains in uptrend from 1.3018, the fall from 1.3353 is likely consolidation of the uptrend. Further rise could be expected after consolidation and next target would be at 1.3500 area. Support is at 1.3150, only break...
USDJPY Daily Analysis – January 20, 2017
USDJPY broke above the downward trend line on 4-hour chart, indicating that the downtrend from 118.60 had completed at 112.56 already. Further rise could be expected and next target would be at 117.50 area. Near term support...