USDCAD Daily Analysis – October 9, 2017
USDCAD’s uptrend from 1.2061 extended to as high as 1.2598. As long as the price is in the rising price channel on the 4-hour chart, the uptrend could be expected to continue and next target would be...
Month: October 2017
USDJPY Daily Analysis – October 9, 2017
USDJPY moved sideways in a trading range between 112.21 and 113.43. As long as 112.21 level holds, the sideways move could be treated as consolidation of the uptrend from 107.31, and further rise to 114.00 area cold...
AUDUSD Daily Analysis – October 9, 2017
AUDUSD’s bearish movement extended to as low as 0.7732. Key resistance is now at 0.7875, as long as the price is below this level, the downtrend could be expected to continue and next target would be at...
GBPUSD Daily Analysis – October 9, 2017
GBPUSD’s bearish movement from 1.3657 extended to as low as 1.3027. Further decline is still possible after a minor consolidation and next target would be at the bullish trend line on the daily chart now at 1.2955....
EURUSD Daily Analysis – October 9, 2017
EURUSD extended its downside movement from 1.2092 to as low as 1.1669, facing an important support level at 1.1662. A breakdown below this level could take price to the resistance-turned-support trend line on the weekly chart, now...
USDCAD Weekly Analysis – October 8, 2017
USDCAD’s bounce from 1.2061 extended to as high as 1.2598. Further rise is still possible in a couple of weeks and next target would be at 1.2778 resistance. Above this level would indicate that the downside movement...
USDJPY Weekly Analysis – October 8, 2017
USDJPY extended it upside movement from 107.31 to as high as 113.43. Further rise towards 115.50 key resistance is still possible in a couple of weeks. Above this level would confirm that the long term uptrend from...
AUDUSD Weekly Analysis – October 8, 2017
AUDUSD extended its downside movement from 0.8124 to as low as 0.7732, facing a resistance-turned-support trend line on the weekly chart now at around 0.7700. A breakthrough this trend would indicate that the whole upside movement from...
GBPUSD Weekly Analysis – October 8, 2017
GBPUSD’s pullback from 1.3657 extended to as low as 1.3027, facing the bullish trend line from 1.2109 to 1.2774 now at around 1.2950. As long as the price is above the trend line, the fall could be...
EURUSD Weekly Analysis – October 8, 2017
EURUSD is facing an important support level at 1.1662. A breakthrough below this level would indicate that the upside movement from 1.0340 had completed at 1.2092 already, then next target would be at the resistance-turned-support trend line...