GBPUSD Daily Analysis – September 17, 2018
GBPUSD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.2785. As long as the price is in the channel, the upside movement could be expected to continue and next...
Month: September 2018
EURUSD Daily Analysis – September 17, 2018
EURUSD failed in its attempt to break above 1.1733 resistance. However, as long as the price is above the rising trend line on the 4-hour chart, the uptrend from 1.1526 could be expected to resume and another...
USDCAD Weekly Analysis – September 15, 2018
USDCAD is now in uptrend from 1.2887, the fall from 1.3226 would possibly be correction for the uptrend. Another rise would likely be seen after the correction and a break of 1.3226 resistance could trigger further upside...
USDJPY Weekly Analysis – September 15, 2018
USDJPY is facing 112.15 resistance. A breakthrough this level would indicate that the uptrend from 104.63 has resumed, then further rise towards 115.50 resistance is possible. Support is at 109.77, a breakdown below this level would confirm...
AUDUSD Weekly Analysis – September 15, 2018
AUDUSD stays below a falling trend line on the daily chart. As long as the trend line resistance holds, the bounce from 0.7085 could be treated as consolidation for the downtrend from 0.8135, and further decline towards...
GBPUSD Weekly Analysis – September 15, 2018
GBPUSD is facing 1.3213 resistance. A breakout of this level would indicate that the downside movement from 1.4376 had completed at 1.2661 already, then next target would be at 1.3500 area. Near term support is at 1.2950,...
EURUSD Weekly Analysis – September 15, 2018
EURUSD remains in the downtrend from 1.2555, the price action from 1.1510 is likely consolidation for the downtrend. Another fall could be expected after the consolidation and a breakdown below 1.1525 support could take the price towards...
USDCAD Daily Analysis – September 14, 2018
USDCAD extended its downside movement from 1.3226 to as low as 1.2975. Near term resistance is at the top trend line of the price channel on the 4-hour chart, as long as the channel resistance holds, the...
USDJPY Daily Analysis – September 14, 2018
USDJPY broke above 111.82 resistance, suggesting that the uptrend from 109.77 has resumed. Further rise could be expected after a minor consolidation and next target would be at 113.00 area. Near term support is located at the...
AUDUSD Daily Analysis – September 14, 2018
AUDUSD is facing 0.7235 resistance, a breakout of this level would indicate that the downside movement from 0.7381 had completed at 0.7085 already, then next target would be at 0.7300 area. Near term support is at 0.7160,...