EURUSD Daily Analysis – May 14, 2019
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1135. As long as the trend line support holds, the uptrend could be expected to continue and next target would...
Month: May 2019
USDCAD Daily Analysis – May 13, 2019
USDCAD failed to break below 1.3376 support and continued its sideways movement in a trading range between 1.3376 and 1.3520. Another rise to test 1.3520 resistance would likely be seen in the coming days, a break of...
USDJPY Daily Analysis – May 13, 2019
USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 112.40. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
AUDUSD Daily Analysis – May 13, 2019
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7205. As long as the price is in the channel, the downside movement could be expected to continue and next...
GBPUSD Daily Analysis – May 13, 2019
GBPUSD remains in the downtrend from 1.3176, the bounce from 1.2967 is likely consolidation for the downtrend. Further decline could be expected after the consolidation, a breakdown below1.2967 support could trigger another fall towards 1.2900. Resistance is...
EURUSD Daily Analysis – May 13, 2019
EURUSD extended its upside movement from 1.1135 to as high as 1.1253. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
USDCAD Weekly Analysis – May 11, 2019
USDCAD stays above a rising trend line on the daily chart and remains in the uptrend from 1.3068. As long as the trend line support holds, the fall from 1.3520 could be treated as consolidation for the...
USDJPY Weekly Analysis – May 11, 2019
USDJPY broke below the rising trend line on the daily chart, suggesting that the upside movement from 105.05 had completed at 112.40 already. Further decline could be expected in a couple of weeks and next target would...
AUDUSD Weekly Analysis – May 11, 2019
AUDUSD remains in the downtrend from 0.7205. Further decline would likely be seen after a minor consolidation and next target would be at 0.6900 area. Resistance is at 0.7068, only a break of this level could trigger...
GBPUSD Weekly Analysis – May 11, 2019
GBPUSD remains in the downtrend from 1.3381, the bounce from 1.2865 is likely corrective consolidation for the downtrend. Further decline would likely be seen after the consolidation and next target would be at 1.2600 area. Resistance is...