EURUSD Daily Analysis – March 21, 2017
EURUSD stays in the rising price channel on 4-hours chart and remains in uptrend from 1.0494. As long as the pair stays in the channel, the uptrend could be expected to continue, and next target would be...
Month: March 2017
AUDUSD Elliott Wave View : 5 waves move
AUDUSD ended the correction in Intermediate wave (X) after reaching 0.7486 and then started rallying from there. With today’s new high the pair is showing 5 waves impulsive move from 03/09/2017 low and has already reached the minimum target area...
USDJPY Range Support (Mar 20, 2017)
USDJPY sold off after the FOMC decision as traders booked profits off the event. As a result, resistance at the 115.25 area held and price made its way back to the range support at 112.35. If this...
USDCAD Daily Analysis – March 20, 2017
USDCAD remains in downtrend from 1.3535, the rise from 1.3276 could be treated as consolidation of the downtrend. Near term resistance is at the top of the price channel on 4-hours chart, and the key resistance is...
USDJPY Daily Analysis – March 20, 2017
USDJPY’s downward movement from 115.50 extended to as low as 112.47. As long as the pair stays in the downward price channel on 4-hours chart, the downtrend could be expected to continue and further decline to test...
AUDUSD Daily Analysis – March 20, 2017
AUDUSD broke above 0.7719 resistance, indicating that the uptrend from 0.7490 has resumed. Further rise could be expected and next target would be at 0.7800 area. Support is at now at 0.7663, as long as this level...
GBPUSD Daily Analysis – March 20, 2017
GBPUSD stays above the rising trend line on 4-hours chart and remains in uptrend from 1.2109. As long as the pair stays above the trend line, the uptrend could be expected to continue, and next target would...
EURUSD Daily Analysis – March 20, 2017
EURUSD remains in uptrend from 1.0494, further rise could be expected in a couple of days, and next target would be at 1.0800 area. Key support is at the bottom f the price channel on 4-hours chart,...
USDCAD Weekly Analysis – March 18, 2017
USDCAD failed to break above 1.3598 resistance and pulled back from 1.3534. Deeper decline would likely be seen in a couple of weeks, and next target would be at 1.3100 area. Resistance is now at 1.3534, only...
USDJPY Weekly Analysis – March 18, 2017
USDJPY failed to break above 115.62 resistance and continued its sideways movement in a range between 111.58 and 115.62. Deeper decline to test 111.58 support would likely be seen next week. A break of this level will...