USDCAD Daily Analysis – May 29, 2017
USDCAD remains in downtrend from 1.3793, the rise from 1.3387 is likely consolidation of the downtrend. Near term resistance is at the top trend line of the price channel on the 4-hour chart. As long as the...
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USDJPY Daily Analysis – May 29, 2017
No changed in our view, USDJPY remains in uptrend from 110.23, the fall from 112.13 is likely correction of the uptrend. Another rise would be expected after the correction and the next target would be at around...
AUDUSD Daily Analysis – May 29, 2017
AUDUSD is now in downtrend from 0.7517. Further decline could be expected in a couple of days and the next target would be at around 0.7350. Resistance is at the bottom trend line of the price channel...
GBPUSD Daily Analysis – May 29, 2017
GBPUSD broke below 1.2844 key support, indicating that the upside movement from 1.2365 had completed at 1.3047 already. Further decline could be expected after correction and next target would be at around 1.2650. Resistance is at the...
EURUSD Daily Analysis – May 29, 2017
EURUSD is facing the 1.1161 support, a breakdown below this level will indicate that the bullish movement from 1.0839 had completed at 1.1267 already, this could trigger a correction pullback to 1.1050 area. On the upside, as...
USDCAD Weekly Analysis – May 27, 2017
USDCAD is facing the support of the bottom trend line of the price channel on the daily chart. A clear break out of the channel support will indicate that the upside movement from 1.2968 had completed at...
USDJPY Weekly Analysis – May 27, 2017
USDJPY remains in uptrend from 108.13, the fall from 114.36 is likely correction of the uptrend. Another rise to test 115.50 key resistance is possible in a couple of weeks, and a break of this level will...
AUDUSD Weekly Analysis – May 27, 2017
AUDUSD broke above the resistance of the bearish trend line on its daily chart, indicating that the downside movement from 0.7749 had completed at 0.7328 already. Further rally is possible over the next several weeks and next...
GBPUSD Weekly Analysis – May 27, 2017
GBPUSD moved below the rising trend line support at 1.2820 on its daily chart and is now facing the 1.2756 key support. A breakdown below this level will confirm that the bullish movement from 1.2109 had completed...
EURUSD Weekly Analysis – May 27, 2017
EURUSD remains in uptrend from 1.0569, the fall from 1.1268 could be treated as consolidation of the uptrend. Near term support is at the rising trend line on daily chart. As long as the trend line support...