USDCAD Daily Analysis – July 21, 2020
USDCAD is facing 1.3485 support once again. A breakdown below this level could trigger another fall towards 1.3300. Resistance level is at 1.3645, a breakout of this level could take the price to 1.3800 zone.
Month: July 2020
USDJPY Daily Analysis – July 21, 2020
USDJPY broke above 107.43 resistance. Further rally would likely be seen in the coming days and next target would be at 108.50 area. Support is at 106.64, a breakdown below this level could trigger another fall towards...
AUDUSD Daily Analysis – July 21, 2020
AUDUSD is facing 0.7037 resistance. A breakout of this level could trigger further upside movement towards 0.7100. Support is located at the rising trend line on the 4-hour chart, only a breakdown below the trend line support...
GBPUSD Daily Analysis – July 21, 2020
GBPUSD broke above 1.2669 resistance, suggesting that the uptrend from 1.2251 has resumed. Further rise could be expected and next target would be at 1.2800 area. Key support is at 1.2479, only break below this level could...
EURUSD Daily Analysis – July 21, 2020
EURUSD extended its upside movement from 1.1184 to as high as 1.1469. 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 Daily Analysis – July 20, 2020
USDCAD continued its sideways movement in a trading range between 1.3490 and 1.3645. A breakdown below 1.3490 support could take the price to 1.3300 area, and a breakout above1.3645 resistance could trigger further upside movement towards 1.3800.
USDJPY Daily Analysis – July 20, 2020
USDJPY failed to break above 107.43 resistance and stayed in a trading range between 106.64 and 107.43. Support is at 106.64, a breakdown below this level could take the price to 105.50 area. Resistance is at 107.43,...
AUDUSD Daily Analysis – July 20, 2020
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6832. As long as the trend line support holds, the upside movement could be expected to continue and next target...
GBPUSD Daily Analysis – July 20, 2020
GBPUSD continued its sideways movement in a trading range between 1.2479 and 1.2669. The sideways movement is likely consolidation for the uptrend from 1.2251. As long as 1.2479 support holds, the uptrend could be expected to resume,...
EURUSD Daily Analysis – July 20, 2020
EURUSD remains in the uptrend from 1.1184, the pullback from 1.1452 is likely consolidation for the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be...