EURUSD Daily Analysis – September 24, 2018
EURUSD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.1526. As long as the price is in the channel, the fall from 1.1802 could be treated as consolidation for...
Month: September 2018
USDCAD Weekly Analysis – September 23, 2018
USDCAD broke below 1.2887 support, suggesting that the downside movement from 1.3385 has resumed. Further decline could be expected in a couple of weeks and next target would be at 1.2800 area. Near term resistance is at...
USDJPY Weekly Analysis – September 23, 2018
USDJPY broke above 112.15 resistance. Further rise to test 113.17 resistance could be expected, a breakout of this level would aim 115.50 resistance. Near term support is at 111.60, a breakdown below this level could bring the...
AUDUSD Weekly Analysis – September 23, 2018
AUDUSD remains in the downtrend from 0.8135, the bounce from 0.7085 is likely consolidation for the downtrend. Resistance is located at the bearish trend line on the daily chart. As long as the trend line resistance holds,...
GBPUSD Weekly Analysis – September 23, 2018
GBPUSD broke above 1.3213 resistance, suggesting that the downside movement from 1.4376 had completed at 1.2661 already. Further rally would likely be seen in a couple of weeks and next target would be at 1.3500 area. Near...
EURUSD Weekly Analysis – September 23, 2018
EURUSD is facing 1.1851 resistance, as long as this level holds, the price action from 1.1510 could be treated as consolidation for the downtrend from 1.2555, and another fall towards 1.1000 is still possible after the consolidation....
USDCAD Daily Analysis – September 21, 2018
USDCAD broke below 1.2887 support and extended its downside movement from 1.3226 to as low as 1.2884. Further decline could be expected after a minor consolidation and next target would be at 1.2800 area. Near term resistance...
USDJPY Daily Analysis – September 21, 2018
USDJPY extended its upside movement from 110.38 to as high as 112.58. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...
AUDUSD Daily Analysis – September 21, 2018
AUDUSD’s upside movement from 0.7085 extended to as high as 0.7294. Further rise is still possible after a minor consolidation and next target would be at 0.7350 area. Near term support is at 0.7250, only a breakdown...
GBPUSD Daily Analysis – September 21, 2018
GBPUSD extended its upside movement from 1.2785 to as high as 1.3298. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and further...